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7338 E Duck Lake Road Leland Twp, MI 49653
13,500 SqFt
UPDATED:
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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Listed by Bill Somerville of Three West, LLC