Thank you
Daniel Lovell
Ironstone Realty
586-804-7668
Sometimes the right opportunity just presents itself at exactly the right time. Discover this fantastic proposed Self Storage development in the bayside city of New Baltimore. Located on 5.65 acres, the property site plan has already been approved by city council (ready to build) and includes 4 climate controlled storage buildings with non-CC drive-ups around outside perimeters, totaling 50,120 net rentable square feet in addition to a rental office. A feasibility study, recently completed by Bob Copper of Self Storage 101, is available upon request. This is the last available industrial space in this growing community. Add it to your portfolio today. $615,473 GPI (Not Including Truck Rental, Retail Sales and other revenue services), $184,643 Expenses (30%), $430,831 NOI. Optional: Seller willing to reinvest after close of sale with partnership agreement.
Sell a home like this and save $41,381 Find Out How
Sewer: Sewer-Sanitary,Sewer at Street
Water at Street
Lot Size: 5.64
Lot Dimensions: 525 X 408 X 366 X 252
Financing: Cash,Conventional
Original List Price: $950,000
Legal Description: see attached:
Annual Tax: $1,749
Parcel Number: 0912476021
Legal Description: Section: see attached:
Road Frontage: Paved
School District: Anchor Bay
Water:Water at Street
Sewer:Sewer-Sanitary,Sewer at Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
County Line , New Baltimore, MI,48047 | $23,900 | -- | -- | -- | 0.24 Acre |
Aspen Glen , New Baltimore, MI,48047 | $986,000 | -- | -- | -- | -- |
35770 Addison Drive , New Baltimore, MI,48047 | $579,900 | 4 | 2.5 | 2,920 | 0.33 Acre |
35599 Windridge Drive , New Baltimore, MI,48047 | $599,900 | 4 | 2.5 | 2,944 | 0.55 Acre |
GREEN STREET Green Stre.., New Baltimore, MI,48047 | $199,000 | -- | -- | -- | 4.77 Acres |
50270 Oakbrooke Drive , New Baltimore, MI,48047 | $499,900 | 4 | 2.5 | 2,500 | 0.24 Acre |
50570 Lagae , New Baltimore, MI,48047 | $594,999 | 4 | 2.5 | 2,600 | 0.24 Acre |
37196 25 Mile , New Baltimore, MI,48047 | $699,900 | 4 | 2.5 | 2,950 | 0.53 Acre |
37188 25 Mile , New Baltimore, MI,48047 | $719,900 | 3 | 2.5 | 2,560 | 0.53 Acre |
35650 Addison Drive , New Baltimore, MI,48047 | $624,900 | 4 | 3.5 | 2,520 | 0.33 Acre |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 05/02/2024 @ 05:43
MLS: 526183274
LISTED BY: Daniel Lovell , Ironstone Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.