Property Type:
Commercial Sale
Square Footage:
18,750
Lot Size (sq. ft.):
98,446
Status:
Sold
Current Price:
$1,200,000
List Date:
5/28/2024
Last Modified:
11/05/2024
510 10th Street, Plainwell, MI 49080
$1,200,000
Overview
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, which
creates 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.
Listing Details MLS# 24012995
Location Property Info
- County
- Allegan
- Street #
- 510
- Street Name
- 10th
- Suffix
- Street
- State
- MI
- Zip Code
- 49080
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 2.26
- Lot Square Footage
- 98446
- Lot Dimensions
- Irregular
- Year Built
- 2021
- Total # Units
- 25
- # Fin Bldg Lvls
- Yes
- Total # Bldgs
- 2
- Total SqFt
- 18750
- Waterfront
- No
- School District
- Plainwell
- Road Frontage
- 0
Tax Info
- Tax ID #
- 08-019-022-24
- Taxable Value
- 316615
- SEV
- 363200
- For Tax Year
- 2023
- Tax Year
- 2023
- Spec Assessment & Type
- None known
- Seller's Annual Property Tax
- 0
- Homestead %
- 0
Remarks Misc
- Directions
- US 131 to E Bridge St to 10th Street
Status Change Info
- Under Contract Date
- 2024-08-26
- Sold Date
- 2024-10-31
- Sold Price/SqFt
- 64
More Information
Location & Property Info
- Cross Streets
- Miller Road & 10th Street
- Property Sub-Type
- Retail
- Area
- Greater Kalamazoo - K
- Municipality
- Gun Plain Twp
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 64
- Prop Avail for Lease?
- No
Remarks & Misc
- Legal
- On file at listing office.
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- None
- Yes
- Public Sewer
- Yes
Water
- None
- Yes
- Public Water
- Yes
Uses
- Storage
- Yes
Construction Type
- Pole/Wood
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Purchase Terms Avail
- Cash
- Yes
Property Features
Uses:
Storage
Business Includes:
Real Estate
Construction Type:
Pole/Wood
Sewer:
None; Public Sewer
Water:
Public Water; None
Utilities Attached:
Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Heat Source:
Natural Gas
Heat Type:
Forced Air
Purchase Terms Avail:
Cash
Sale Conditions:
None
Listing Office:
Kalamazoo Commercial Real Estate
Listing Agent:
Chad M VanDerwall
Last Updated: November - 05 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
