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510 10th Street

Plainwell, MI 49080
  • $1,500,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 24012995
$1,500,000
  • 0
    BEDS
  • 2.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2021
County:

School Ratings & Info

School District:

Description

RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, which creates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-04-03T23:55:20.223.
www.bhhssnyder.com/homes/148677292
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510 10th Street Plainwell, MI 49080

  • Price: $1,500,000
  • Status: Active
  • On Site: 29 Days
  • MLS #: 24012995
0
Beds
0
Baths
0
½ Baths
2.26
Acres
2021
Built
Neighborhood:
Gun Plain Twp
County:
Allegan
School District:
Plainwell
Property Description
RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, which creates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.
Exterior Features

Waterfront YN No

Interior Features

Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Type Storage Cross Street Miller Road & 10th Street Documents Available [] Inclusions "Real Estate": true Lease Considered YN No Listing Terms Cash New Construction YN No Property Sub Type Retail/Commercial Sewer Public Sewer Tax Annual Amount 0 Tax Year 2023 Utilities Phone AvailableStorm Sewer AvailablePublic Water AvailablePublic Sewer AvailableNatural Gas AvailableElectric AvailablePhone ConnectedNatural Gas ConnectedElectric Connected Water Source None

Listing provided courtesy of Chad Vanderwall of Kalamazoo Commercial Real Estate: 269-888-2755. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-04-03T23:55:20.223.
 
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Berkshire Hathaway HomeServices Snyder & Company, Realtors®
2655 Plymouth Road
Ann Arbor MI, 48105
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