Description
90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes. A new 7,260 sq. ft. commercial building at the front of the property is also available to purchase with good potential for temperature controlled self-storage or retail/office uses.
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0BEDS
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5.26ACRES
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0BATHS
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01/2 BATHS
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13,500SQFT
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$96$/SQFT
School Ratings & Info
Description
90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes. A new 7,260 sq. ft. commercial building at the front of the property is also available to purchase with good potential for temperature controlled self-storage or retail/office uses.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-07-19T23:52:27.313.