Listed by The Jonna Group at Colliers International
$799,000
Storage Facility
Details
APN 19-06-12-300-035
Property Type Retail, Industrial
Sub Type Storefront, Commercial
Square Footage 1,000
Units 80
Tenancy Vacant
Price per SqFt $6
Year Built 1980
Year Renovated 2023
Buildings 1
Acreage 3.350
Zoning CG – General Commercial Approved for Mini Storage Solutions
Investment Type Value Add
Ownership Fee Simple
80-Unit Storage Facility | Potential for 400 Units
Marketing description
For Sale
Investment highlights
3 +/- Acres
1,000 Sf House | 3 Bedrooms 1 Bath
80 Storage Units Built on the Premises With Opportunity of Development Up to 400 Storage Units
Close Proximity to Commercially Dense Intersection (Gratiot Avenue and 31 Mile Road)
Average Household Income in 5-mile Radius $90k+
30 Minute Drive From Detroit and Port Huron Which Makes Lenox Township Prime Location & a Notable Travel Hub
Brands in the Area: Little Caesars, T-mobile, Kroger, Jimmy John's, H&r Block, Burger King, Dollar General, Rite Aid, Cricket, True Value, Verizon, Cvs, O'reilly Auto Parts, at&t, Tropical Smoothie Cafe, Dollar Tree, Subway, Great Clips and Anytime Fitness
Listing Contacts
Listed by The Jonna Group at Colliers International
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?















