5713 N Clare Ave, Harrison, MI 48625

Seller Financing Available – 30% Down, 4% Interest-Only Payments, 5-Year Term

Clear Water Storage is a newly constructed self-storage facility located in Harrison, Michigan, offering approximately 13,080 square feet of enclosed storage across two modern steel buildings on approximately 9 acres. The property is currently developed on roughly 3 acres, leaving an additional 6 acres available for future expansion and significant NOI growth.

The facility has achieved approximately 50% occupancy and reached break-even within its first four months of operation, demonstrating strong market demand. Existing improvements include a mix of 10' x 10' and 10' x 20' storage units, along with 29 oversized outdoor parking spaces, including 18' x 43' pull-through spaces designed to accommodate RVs, boats, trailers, and recreational vehicles.

Strategically located just 250 yards south of US-27 Exit #176 on N. Clare Avenue, Harrison's primary commercial corridor, the property benefits from excellent visibility, convenient highway access, and consistent traffic from the area's recreational users. Strong demand is driven by Northern Michigan's boating, camping, hunting, fishing, and outdoor tourism industries.

Clear Water Storage features a modern security package including 24/7 video surveillance, electronic gated access, perimeter fencing, full-site lighting, and wide drive aisles capable of accommodating large moving trucks—a unique competitive advantage within the local market.

With limited modern self-storage competition in the area, Clear Water Storage is positioned as one of the market's premier storage facilities. Investors have the opportunity to increase revenue through continued lease-up, expansion of outdoor parking inventory, development of additional enclosed storage units, and potential drive-through storage bays. Current gross monthly income is approximately $5,500, with projected annual gross income exceeding $102,000 upon stabilization and full utilization of the existing parking inventory.

This offering presents a rare opportunity to acquire a newly developed self-storage asset with attractive seller financing, proven lease-up momentum, and substantial expansion potential in a growing recreational market.