$545,000
$550,000
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18,960 SqFt
SOLD DATE : 04/28/2017
Key Details
Sold Price $545,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 18,960 sqft
Price per Sqft $28
MLS Listing ID 216115589
Sold Date 04/28/17
Originating Board Realcomp II Ltd
Year Built 1989
Annual Tax Amount $6,219
Lot Size 6.500 Acres
Acres 6.5
Lot Dimensions 345 X 876 X 205 X 289 x 601
Property Description
Great Investment Property- This property is a Cold and Outside Storage Facility. It has 110 Units in 5 buildings (2 buildings built in 2005, 1 building built in 2006 and 2 buildings built in 2016). They are currently 5X10=#16, 10x10=#27 , 10X20=#48, 10X30=#19. The occupancy rate averages 95 percent. There is a 30X40 Pole Barn (built in 1998) with an office (construction was started on the office but was not completed) that is currently used as personal storage by the owner, so there is penitential to add income by renting it out. This facility is fully fenced with a key padded entry and enough land to expand the number of rental buildings, enough room to add at least 4 more buildings. There is also Outside storage, currently has around 20 units stored. There is potential to also provide shrink wrap services, as well, to add additional income. This property will not last, so make an offer today! Agent related to seller
Location
State MI
County Lenawee
Area Cambridge Twp
Zoning Commercial
Direction On south side of M-50 and west of Onsted Hwy
Interior
Heating Other
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Well-Existing
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Onsted
Others
Tax ID CA0108409500
Ownership Private Owned,Short Sale - No
SqFt Source owner
Acceptable Financing Cash, Conventional
Rebuilt Year 2016
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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