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$ 225,000
Est. payment /mo
Active
0 Churchill RD Leslie, MI 49251
10,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 10,600 sqft
Price per Sqft $21
MLS Listing ID 55025043509
Year Built 1978
Lot Size 3.690 Acres
Acres 3.69
Property Sub-Type BusinessandRealEstate
Property Description
Prime commercial opportunity located in Leslie with excellent US-127 highway frontage and visibility. This property spans 3.69 acres and offers a total of 60 storage units with concrete floors and no electricity. Unit mix includes (34) 10x20 units renting at $50 per month, (24) 10x7 units renting at $25 per month, and two (2) 20x20 units renting at $100 per month. Occupancy is approximately 90% of the 10x20 units rented and 30% of the 10x7 units rented. Additional features include a 28x40 pole barn with two slider doors and a small office space, currently used by the seller and not rented, allowing for potential additional income. The property also generates $2,500 annually from a leased billboard sign located on site. With highway exposure, multiple income streams, and room for operational growth, this investment is a strong addition to any portfolio. Current storage income $16,800. There are 20 walnut trees in the wooded area.
Location
State MI
County Ingham
Area Area11141Leslietwp
Interior
Heating None
Fireplace No
Exterior
Utilities Available None
View Y/N No
Roof Type Metal
Building
Foundation None, Slab
New Construction No
Schools
High Schools Leslie
School District Leslie
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by SUSAN M MOHLMAN of Sproat Realty Professionals-J
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