5830 FOURTH Street, Wolverine MI 49799 Photo 1 5830 FOURTH Street, Wolverine MI 49799 Photo 2 5830 FOURTH Street, Wolverine MI 49799 Photo 3 5830 FOURTH Street, Wolverine MI 49799 Photo 4 5830 FOURTH Street, Wolverine MI 49799 Photo 5

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5830 FOURTH Street - Investment opportunity in high traffic area, with room to expand and grow. Current occupancy over 95% on this 42 Unit Storage Facility, offered at a CAP Rate of 12%. Units Broken down as follows: 8: 5x10, 2: 10x10, 30: 10x20, 2: 10x30. All units have 8ft overhead door access and are built on a 6'' poured slab. Located with easy access to Old 27, I-75, and in close proximity to numerous lakes, rivers, and year round trail systems, creating high demand for personal self-storage. All current tenant rights to transfer, business financials available for qualified buyers. Call now to arrange a tour

Listing information

  • MLS® ID: 304757
  • Stories: 0
  • Total Square Footage: 7,200 ($26.94 per sq. foot)
  • Subdivision: T33n/R2w
  • Style: Commercial
  • New Construction: No
  • Lot Size: 220x120
  • Status: Active
  • Foreclosure: No
  • County: Cheboygan

Features

Accessibility No-Step Entrance
Barrier Free Yes
Basement Slab
Construction Steel
Drive Gravel
Electric On Site
Extras High Visibility, Highway Access, Landscaped, Manager On-Site, Storage
Gas None
Heat/Air None
Other Bus/Invtry Descrip - 42 Indoor Storage Units, Additional Acreage For Ou, Current Zoning - Commercial, Taxes and Possession: Possession - Close, Warehouse Sq Ft - 7200.00
Parking Common
Road Paved
Sewer None
Sign: Sign No
Township Wolverine
Water None
Listing Courtesy of Michael Perdue of Smith Realty Group 1349 S. Otsego Ave, P.O. Box 309, Gaylord, Mi 49734