4298 58th (Blue Star Hwy) Street, Holland, MI 49423

$3,700,000
10
BA

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List Price
$3,700,000
Status
ACTIVE
Days on Market
2
MLS#
26049747
Subtype
Commercial Sale
Year Built
2019
Bathrooms
10
Full Baths
10
Lot Size
192,361
Acres
4.42

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
Zoning
C_1 Commercial
Heating
None
Air Conditioning
None
Foundation
Slab
School District
Hamilton

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Tammy L Kerr from Listing Office: BHG Connections.

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