$294,900
387 E South Street, Hesperia, MI 49421
0 baths
- Lot
- 0.63 acres
- Built
- 2002
- Type
- Retail
- On market
- 0 days
DescriptionShowHide
Simple. Low Maintenance. Income Producing. Here's an investment opportunity that gets back to the basics! This Hesperia commercial storage property features 38 individual storage units, each measuring approximately 10' x 20', with a current rental rate of $70 per month per unit. The property is currently fully occupied, with the owner utilizing two of the units, creating the potential for additional rental income in the future. Why invest in rental homes that can come with furnaces, plumbing problems, broken windows, leaking basements, costly turnovers, and constant repairs? Storage keeps it simple. No heat, no residential tenants, and fewer major systems to maintain or replace. With 36 units currently generating rental income, the property produces approximately $2,520 per month / $30,240 annually in gross rental income, with the two owner-occupied units offering additional income potential if placed into .... (See Supplement Remarks) Simple. Low Maintenance. Income Producing. Here's an investment opportunity that gets back to the basics! This Hesperia commercial storage property features 38 individual storage units, each measuring approximately 10' x 20', with a current rental rate of $70 per month per unit. The property is currently fully occupied, with the owner utilizing two of the units, creating the potential for additional rental income in the future. Why invest in rental homes that can come with furnaces, plumbing problems, broken windows, leaking basements, costly turnovers, and constant repairs? Storage keeps it simple. No heat, no residential tenants, and fewer major systems to maintain or replace. With 36 units currently generating rental income, the property produces approximately $2,520 per month / $30,240 annually in gross rental income, with the two owner-occupied units offering additional income potential if placed into the rental pool. Whether you're an experienced investor looking to expand your portfolio or searching for a straightforward entry into commercial real estate, this is an opportunity to own an established, income-producing storage facility with demand already in place. Skip the complexity. Own the space. Collect the rent.
Facts & features
Interior3
- Bathrooms
- 0
- Full baths
- 0
- Stories
- 1
Heating, cooling & utilities4
- Heating
- None
- Water source
- None
- Sewer
- None
- Utilities
- None
Exterior & construction4
- Lot size
- 0.63 acres
- Construction
- Vinyl Siding
- Roof
- Composition
- Year built
- 2002
Property details7
- Type
- OTHER
- Sub-type
- Retail
- County
- Newaygo
- Parcel #
- 09-30-300-022 *SUBJECT TO VILLAGE APPROVAL
- Days on market
- 0
- MLS #
- 26049631
- Status
- Active
District: Hesperia
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
DocumentsShowHide
Documents provided through the MLS where permitted for public display.
Price & tax historyShowHide
- No recorded history for this property.
Listing courtesy of Keller Williams GR North · Tammy Jo Budzynski
616-287-3162 · tammyjo@tjhomes.com
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