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Property Description

Excellent investment opportunity at South Holland Storage, located at 4298 Blue Star Hwy. This established storage facility is being offered as an entire parcel and includes five 8,100 sq. ft. storage buildings, all situated on a fenced and gated property. The facility has a strong 95% occupancy rate and generates gross income of $300,000+, with additional upside potential. The property also includes additional land currently improved with small cabins and a house with garage that brings in 45,000 of income. There is potential for renovation, redevelopment, or expansion. There is an opportunity to add more storage units and further increase income, subject to approvals. This is a rare chance to acquire an income-producing storage facility with room for growth in a convenient Blue Star Highway location. Buyer and buyer's agent to verify all financials, square footage, occupancy, permitted uses, zoning, redevelopment potential, association/operating expenses, and municipal approvals.

Overview

Property Status
For Sale
Lot Size
4.42 Acres
MLS ID
26049747
Property Type
Commercial
Year Built
2019

Features & Amenities

Total Area
44,700 Sq.Ft.
Neighborhood
Holland
Stories
1
Utilities
Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Roof
Metal
Heat Type
None
Air Conditioning
None
Other Interior Features
Broadband
Substructure
Slab
School District
Hamilton
Sales Price
$3,700,000
Real Estate Tax
$36,000/yr
Maintenance Fee
$18,000/mo

Downloads

4298 58th (Blue Star Hwy) Street

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for your interest in 4298 58th (Blue Star Hwy) Street, Holland, MI 49423

4298 58th (Blue Star Hwy) Street
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