Benona Twp, MI 49455,5450 W Shelby Road
Benona Twp, MI 49455,5450 W Shelby Road
Benona Twp, MI 49455,5450 W Shelby Road
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$750,000
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12,000 SqFt
New

5450 W Shelby Road Benona Twp, MI 49455

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Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $62

MLS Listing ID 67025046339

Year Built 2019

Annual Tax Amount $9,165

Lot Size 2.200 Acres

Acres 2.2

Lot Dimensions 287x330 m/l

Property Sub-Type Business And Real Estate

Source Mason Oceana Manistee Board of REALTORS®

Property Description

Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.

Location

State MI

County Oceana

Area Benona Twp

Direction From US31 and Shelby Rd, head west on Shelby Rd to North on 58th to access driveway running west to property.

Interior

Heating No Heat

Exterior

Roof Type Metal

Building

Foundation Slab

Structure Type Metal Siding,Steel

Schools

School District Shelby

Others

Tax ID 01101310016

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings


Realcomp MLS
Listed by Calvin Roskam of Wickstra Realty, Inc.

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Maria Reyes

Maria Reyes

Team & Area Leader | License ID: 6501350194

+1(248) 943-2250

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5450 W Shelby Road