510 10th Street Pending

Plainwell,MI 49080

$ 1200000

- Bed

0 Bath

18750 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 18,750 sqft

Price per Sqft $64

Municipality Gun Plain Twp

MLS Listing ID 24012995

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 2021

Tax Year 2023

Lot Size 2.260 Acres

Acres 2.26

Lot Dimensions Irregular

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.

Location

State MI

County Allegan

Area Greater Kalamazoo - K

Direction US 131 to E Bridge St to 10th Street

Interior

Heating Forced Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available,Water Available,Sewer Available,Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer

Waterfront No

View Y/N No

Building

Sewer Public Sewer

Water None

New Construction No

Schools

School District Plainwell

Others

Tax ID 08-019-022-24

Acceptable Financing Cash

Listing Terms Cash

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