Great passive income opportunity for the discerning investor! This self-storage business contains two 24,000 sq ft buildings with a total of 156 units in a variety of sizes. Located in a great spot on the edge of town, just off US Hwy 2. Situated on a 4-acre parcel with room to add another storage building. This is a highly successful business with occupancy rates consistently between 94-100%.
MLS# | 50131602 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1987 |
Days On Site | 388 |
Listing Provided By | STEPHENS REAL ESTATE | RYAN GORDON |
SQ Feet | 42,000 |
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Acreage | 4.00 |
State | MI |
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County | Dickinson |
City | Iron Mountain |
Zip Code | 49801 |
Area | Iron Mountain (22007) |
Listing VS Median (in 49801) | |
Price: $1,800,000 low | high Med: $188,450 SqFt: 42,000 low | high Med: 1,380 $ / SqFt: $43 low | high Med: $138 On Site: 388 low | high Med: 45.000000 |