7338 E Duck Lake Road new

Leland Twp,MI 49653

$ 1395000

0 Bed

- Bath

13500 SqFt


Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 13,500 sqft

Price per Sqft $103

MLS Listing ID 78080058027

Year Built 2022

Lot Size 5.260 Acres

Acres 5.26

Lot Dimensions TBD after split

Property Sub-Type Business Opportunity

Source Aspire North REALTORS®

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

Zoning Commercial

Interior

Heating No Heat

Exterior

Roof Type Metal

Road Frontage Private

Building

Foundation Slab

Structure Type Steel

Schools

School District Leland

Others

Tax ID splitof00902401832

Ownership Private Owned

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Financing Cash,Conventional,Other

Special Listing Condition Unknown/Data Share Listings

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