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$ 215,000
Est. payment | /mo
5,600 SqFt
$ 215,000
Est. payment | /mo
5,600 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $38
Subdivision Mi
MLS Listing ID 50210768
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Commercial/Industrial
Property Description
Turnkey Self-Storage Investment Opportunity Acquire Lake George Storage, an established, income-producing self-storage facility in the heart of Lake George, Michigan. This turnkey investment includes both the operating business and real estate, offering immediate cash flow with a low-maintenance operating model. The facility consists of 30 drive-up storage units: 12 units – 10' x 14' 13 units – 10' x 27' 5 units – 5' x 10' Serving year-round residents, seasonal homeowners, outdoor enthusiasts, and local businesses, the property benefits from consistent demand in one of Central Michigan's premier recreational destinations. Investment Highlights *Established self-storage business *Immediate income-producing asset *Low operating expenses and minimal management *Convenient drive-up access *Opportunity to increase revenue through rent optimization, marketing, and future expansion *Excellent addition to an investment portfolio or owner-operator business Lake George Storage offers a rare opportunity to acquire a proven commercial asset with stable income, future growth potential, and strong market fundamentals.
Location
State MI
County Clare
Area Lincoln Twp (18011)
Interior
Heating None
Exterior
Roof Type Shingles
Building
Lot Description Utilities Above Ground, Cleared
Water Not to Property (Water)
Others
Financing Cash,Commercial Loan
Listed by Ayre Rhinehart Real Estate Partners
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