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510 10th Street Plainwell, MI 49080
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 18,750 sqft
Price per Sqft $64
Subdivision Mi
MLS Listing ID 70395463
Sold Date 10/31/24
Year Built 2021
Tax Year 2023
Lot Size 2.260 Acres
Acres 2.26
Lot Dimensions Irregular
Property Sub-Type Commercial/Industrial
Property Description
RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, whichcreates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.
Location
State MI
County Allegan
Area Gun Plain Twp (03008)
Interior
Heating Forced Air
Building
Water Public Water at Street
Structure Type Pole,Wood
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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