Churchill Road, Leslie, MI 49251
sale
$275,000
|
Other
Courtesy Of SPROAT REALTY PROFESSIONALS
163 SOUTH MAIN STREET, LESLIE, MI
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 (34) 10x20 units renting at $50 per month, (24) 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. Current storage income $16,800. There are 20 walnut trees in the wooded area.
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Property Features
- Age: 41-50 Years Old
- Building Units: 60
- Exterior Type: Metal Siding
- Floors: 1
- Legal Description: COM @ SE COR SEC 8 -S89D47'48''W 943.7 FT -N0D12'12''W 60 FT TO THE POB -N22D17'48'' E 155.89 FT -N67D17'48''E 164.55 FT
- MLSID: 25043509
- Roof Type: Metal
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