Pending

1218 Elm Street

Frankfort MI, 49635

$2,200,000


$40.09 per sqft

Pending

54,875 sqft

Commercial

Built in 1963

Now offering a multi-property storage portfolio located in beautiful Frankfort, MI. This 10 building portfolio consists of a mix of self-storage unit buildings and season boat & vehicle storage. The self-storage component has an average annual occupancy rate of 97%, while the vehicle storage sees roughly 275 to 300 boats stored annually. The buildings are combination of heated and unheated storage as well as a full-service maintenance shop for boat repair. With its strategic location and versatile infrastructure, this property presents a compelling investment prospect.

1923116

MLS ID

June 4, 2024

Listed

August 23, 2024

Updated

Map

1218 Elm Street
Frankfort MI, 49635

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Natural Gas, None, Baseboard, None


Heating

Yes


Heating Description

Natural Gas, None, Baseboard, None

Exterior/Building Features

Lot Size

6.04 Acres


Exterior Features

Aluminum, Brick, Block


Roof

Metal, Membrane


Sewer

Municipal, None

Other Property Details

Area Name

Benzie


Days on Market

70


Garage

No


Parking

Parking Lot


View

No


County

Benzie


Municipality

Frankfort


Water Source

Municipal Water, None


Pool

No


Zoning

Commercial

Listing History

Date

Event

Price

8/13/2024

Pending

Listed by Kevin Query with Three West, LLC
Listing Contact: 231-632-9596 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 8/23/2024 at 2:49 PM UTC

 

 

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