Gun Plain Twp, MI 49080,510 10th Street

$1,200,000

Est. payment /mo

$1,200,000

Est.Price: ?

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510 10th Street Gun Plain Twp, MI 49080

18,750 SqFt

SOLD DATE : 10/31/2024

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 18,750 sqft

Price per Sqft $64

MLS Listing ID 66024012995

Year Built 2021

Lot Size 2.260 Acres

Property Description

RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, whichcreates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.

Location

State MI

County Allegan

Area Gun Plain Twp

Interior

Heating Forced Air

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Water at Street, None

Structure Type Other,Wood

Schools

School District Plainwell

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Chad M VanDerwall of Kalamazoo Commercial Real Estate
Bought with Kalamazoo Commercial Real Estate

Tim Sova

Broker Associate

+1(810) 844-2316

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