6812 N Saginaw Rd, Midland, MI 48642 For Sale

Bakus Self Storage is a well-established self-storage facility located in Midland, Michigan, offering 350 units across approximately 51,145 square feet of net rentable space. The property features a diverse unit mix including 71 climate-controlled units and 279 non-climate-controlled units, providing flexible storage options for a broad customer base. With 92% physical occupancy and 86% economic occupancy, the facility demonstrates strong operational performance in a stable market.

The property sits on approximately 6.08 acres and includes 11 buildings constructed between 1975 and 2021, reflecting ongoing investment and modernization. A 5,000 SF warehouse is leased to Cintas under a long-term agreement originating in 2006, providing additional income stability. The facility benefits from significant expansion potential, with room for 2-3 additional buildings on the existing parcel, offering investors a value-add opportunity to capture further upside.

Located in Midland, a community anchored by Dow and other major employers including MyMichigan Health, Northwood University, and Corteva Agriscience, the property serves a resilient demographic profile characterized by above-average household incomes and steady population growth. Midland's strong economic foundation, high homeownership rates, and regional employment hub status create consistent demand drivers for self-storage. The property is positioned along N Saginaw Road, providing excellent visibility and convenient access for local and regional customers.