5830 Fourth Street, Wolverine 49799

$194,000

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MLS#: 304757
• For Sale
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Real Estate One of Presque Isle

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248-304-6700

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248-208-3883

Investment opportunity in high traffic area, with room to expand and grow. Current occupancy over 95% on this 42 Unit Storage Facility, offered at a CAP Rate of 12%. Units Broken down as follows: 8: 5x10, 2: 10x10, 30: 10x20, 2: 10x30. All units have 8ft overhead door access and are built on a 6'' poured slab. Located with easy access to Old 27, I-75, and in close proximity to numerous lakes, rivers, and year round trail systems, creating high demand for personal self-storage. All current tenant rights to transfer, business financials available for qualified buyers. Call now to arrange a tour

Property Information    

Status
Active 
Address
5830 Fourth Street 
City
Wolverine 
Zip
49799 
Year Built
2000 
Subdivision
T33N/R2W 
County
Cheboygan 
Possession
Close 
Parking
Common 
Price/SqFt
26.94 

Features

Comm. Total Space
7200.00 
Comm. Warehouse Space
7200.00 
Zoning
Commercial 
Sub Property Type
Business Op 
Cooling
None 
Heating
None 

Listing Video for 5830 Fourth Street, Wolverine MI 49799

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Listing Courtesy of Smith Realty Group
Office Address 1349 S. Otsego Ave P.o. Box 309