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7338 E Duck Lake Road Lake Leelanau, MI 49653
13,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $103
MLS Listing ID 80058027
Year Built 2022
Lot Size 5.260 Acres
Acres 5.26
Lot Dimensions TBD after split
Property Sub-Type Business
Property Description
90 unit self-storage property with three buildings built from 2020-2025. Available at a 7.7% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes. A new 7,260 sq. ft. commercial building at the front of the property is also available to purchase with good potential for temperature controlled self-storage or retail/office uses.
Location
State MI
County Leelanau
Area Leland Twp (45009)
Zoning Commercial
Interior
Heating None
Cooling None
Exterior
Parking Features Parking Lot
Roof Type Metal
Building
Foundation Slab
Structure Type Steel
Others
Ownership Private
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Three West, LLC