Churchill, Leslie, MI, 49251
Basics
- Date added: Added 2 weeks ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 0
- Lot size: 3.69 sq ft
- Year built: 1978
- Bathrooms Full: 0
- Lot Size Acres: 3.69 acres
- Business Type: Storage
- County: Ingham
- MLS ID: 25043509
Description
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Description:
Prime commercial opportunity located in Leslie with excellent US-127 highway frontage and visibility. This property spans 3.69 acres and offers a total of 60 storage units with concrete floors and no electricity. Unit mix includes eighteen (18) 10x20 units renting at $50 per month, twelve (12) 10x7 units renting at $25 per month, and two (2) 20x20 units renting at $100 per month. Occupancy is approximately 90% of the 10x20 units rented and 30% of the 10x7 units rented. Additional features include a 28x40 pole barn with two slider doors and a small office space, currently used by the seller and not rented, allowing for potential additional income. The property also generates $2,500 annually from a leased billboard sign located on site. With highway exposure, multiple income streams, and room for operational growth, this investment is a strong addition to any portfolio.
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Location
- Directions: Located on the northeast corner of Covert and Churchill
Building Details
- Building Area Total: 10600 sq ft
- Number Of Units Total: 60
- Construction Materials: Metal Siding
- Sewer: None
- Heating: None
- Building Features: Outdoor Storage
- Roof: Metal
- Foundation Details: Slab
- Number Of Buildings: 7
Amenities & Features
- Inclusions: Real Estate
- Utilities: None
- WaterSource: None
- Cooling: None
Fees & Taxes
- Tax Assessed Value: $62,779
- Tax Year: 2024
- Tax Annual Amount: $3,554
- Gross Income: $12,406
- Insurance Expense: 0
- Manager Expense: 0
School Information
- High School District: Leslie
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Covert & Ingalls
- Listing Terms: Conventional, Cash
