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Sherri Groves

sherri@cbgroves.com +1(517) 398-2996

$ 650,000

Est. payment -/mo

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Active Under Contract

5450 W Shelby Road Shelby, MI 49455

12,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $54

Municipality Benona Twp

MLS Listing ID 25046339

Year Built 2019

Annual Tax Amount $9,165

Tax Year 2024

Lot Size 2.200 Acres

Acres 2.2

Lot Dimensions 287x330 m/l

Property Sub-Type Business

Source Michigan Regional Information Center (MichRIC)

Property Description

Turnkey self-storage investment offering stable cash flow and low management in Oceana County's active recreation corridor. Located between US-31 and the Stony Lake/Silver Lake area, the facility benefits from strong seasonal and local demand with convenient access for residents and visitors. The property features two Trachte all-steel storage buildings constructed in 2019 and 2022 totaling 63 units and approximately 12,000 square feet on 2.2 acres. Occupancy has grown steadily since development, creating a stabilized income-producing asset. Operations are streamlined for efficient ownership with month-to-month leases and all tenants enrolled in automatic payment, allowing for simple remote management and minimal day-to-day oversight. Self-storage remains one of the most resilient real estate asset classes, and this property offers dependable income with a straightforward operating structure. Seller will assist with transition and operational training if desired.

Location

State MI

County Oceana

Area Masonoceanamanistee - O

Direction From US31 and Shelby Rd, head west on Shelby Rd to North on 58th to access driveway running west to property.

Interior

Interior Features Broadband

Heating None

Inclusions Real Estate

Exterior

Utilities Available Electricity Available, None

View Y/N No

Roof Type Metal

Building

Foundation Slab

Sewer None

Water None

Structure Type Metal Siding

New Construction No

Schools

School District Shelby

Others

Tax ID 011-013-100-16

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Wickstra Realty, Inc.

Sherri Groves

Broker Associate

+1(517) 398-2996

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Sherri Groves

5450 W Shelby Road Shelby, MI 49455

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5450 W Shelby Road