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7362 North Long Lake Road Long Lake Twp, MI 49685
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Key Details
Sold Price $430,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $59
MLS Listing ID 78001329586
Sold Date 02/25/22
Originating Board Aspire North REALTORS®
Year Built 2011
Lot Size 1.920 Acres
Acres 1.92
Lot Dimensions irregular
Property Description
Now offering a chance to own a passive investment property in Traverse City, MI. This 56 unit self-storage unit has been consistently fully occupied since construction in 2010 and offers a perspective purchaser roughly a 6% cap rate. The 1.92 acre site site provides opportunity for the development of additional facilities on site. This location is on the west side of Traverse City on the high-traffic corridor of Long Lake Rd.
Location
State MI
County Grand Traverse
Area Long Lake Twp
Zoning Commercial
Interior
Heating No Heat
Exterior
Waterfront no
Roof Type Metal
Building
Foundation Slab
Structure Type Block/Concrete/Masonry
Others
Tax ID 280801102323
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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Bought with Stapleton Realty
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