Cambridge Twp, MI 43843,11455 W. M-50

$545,000

$550,000

0.9%
Est.Price: ?

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Est. payment /mo

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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Realcomp MLS
Listed by Colleen K Strader of CMS Realty LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 790-9075

nicole@turfnsurfhomes.com

219 Hamilton, Birmingham, MI, 48009, United States

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