4298 58th (Blue Star Hwy) Street, Holland, MI 49423
- $3,700,000
- 10
- BA
- List Price
- $3,700,000
- Days on Market
- 2
- MLS#
- 26049747
- Status
- ACTIVE
- Type
- Commercial
- Bathrooms
- 10
- Full-baths
- 10
Property Description
Excellent investment opportunity at South Holland Storage, located at 4298 Blue Star Hwy. This established storage facility is being offered as an entire parcel and includes five 8,100 sq. ft. storage buildings, all situated on a fenced and gated property. The facility has a strong 95% occupancy rate and generates gross income of $300,000+, with additional upside potential. The property also includes additional land currently improved with small cabins and a house with garage that brings in 45,000 of income. There is potential for renovation, redevelopment, or expansion. There is an opportunity to add more storage units and further increase income, subject to approvals. This is a rare chance to acquire an income-producing storage facility with room for growth in a convenient Blue Star Highway location. Buyer and buyer's agent to verify all financials, square footage, occupancy, permitted uses, zoning, redevelopment potential, association/operating expenses, and municipal approvals.
Additional Information
- Taxes
- $36,000
- Acres
- 4.42
- Heating
- None
- Roofing
- Metal
- School District
- Hamilton
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Tammy L Kerr from Listing Office: BHG Connections.
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