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$ 3,700,000
Est. payment /mo
New
4298 58th (Blue Star Hwy) Street Holland, MI 49423-9383
44,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 44,700 sqft
Price per Sqft $82
Subdivision Mi
MLS Listing ID 70559399
Year Built 2019
Annual Tax Amount $36,000
Tax Year 2025
Lot Size 4.420 Acres
Acres 4.42
Lot Dimensions 107 x 602 x 361 x 502 x 2
Property Sub-Type Commercial/Industrial
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.
Location
State MI
County Allegan
Area Fillmore Twp (03006)
Zoning Commercial
Interior
Heating None
Cooling None
Exterior
Roof Type Metal
Building
Structure Type Metal,Steel
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by BHG Connections