5450 W Shelby Road, Shelby, Michigan

$750,000

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12,000

Square feet

2.20

Acres

About 5450 W Shelby Road

Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.

Features of 5450 W Shelby Road

MLS® # 70493002
Price $750,000
Square Footage 12,000
Acres 2.20
Year Built 2019
Type Commercial
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Mason Oceana Manistee Board of REALTORS

Community Information

Address 5450 W Shelby Road
Area Benona Twp
City Shelby
County Oceana
State Michigan
Zip Code 49455-9243

Amenities

Is Waterfront No

Interior

Heating None

Exterior

Roof Metal
Construction Metal, Steel

Additional Information

Foreclosure No
RE / Bank Owned No

Listing Details

OfficeWickstra Realty, Inc.

Listing Map

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