MI > Shelby
Shelby, MI 49455,5450 W Shelby Road
Shelby, MI 49455,5450 W Shelby Road
Shelby, MI 49455,5450 W Shelby Road
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$750,000
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12,000 SqFt
New

5450 W Shelby Road Shelby, MI 49455

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Josh Scheidler

Josh Scheidler

+1(269) 209-0166

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $62

Municipality Benona Twp

MLS Listing ID 25046339

Year Built 2019

Annual Tax Amount $9,165

Tax Year 2024

Lot Size 2.200 Acres

Acres 2.2

Lot Dimensions 287x330 m/l

Property Sub-Type Business

Source Michigan Regional Information Center (MichRIC)

Property Description

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.

Location

State MI

County Oceana

Area Masonoceanamanistee - O

Direction From US31 and Shelby Rd, head west on Shelby Rd to North on 58th to access driveway running west to property.

Interior

Interior Features Broadband

Heating None

Inclusions Real Estate

Exterior

Utilities Available Electricity Available, None

View Y/N No

Roof Type Metal

Building

Foundation Slab

Sewer None

Water None

Structure Type Metal Siding

New Construction No

Schools

School District Shelby

Others

Tax ID 011-013-100-16

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Wickstra Realty, Inc.
Josh Scheidler
Josh Scheidler

Agent | License ID: 6501420261

+1(269) 209-0166 | joshscheidler@outlook.com

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5450 W Shelby Road