12
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$1,395,000
Est. payment /mo
13,500 SqFt
New
7338 E Duck Lake Road Lake Leelanau, MI 49653
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $103
Municipality Leland Twp
Subdivision Leland Twp
MLS Listing ID 80058027
Year Built 2022
Lot Size 5.260 Acres
Acres 5.26
Property Sub-Type Business
Source MiRealSource
Property Description
90 unit self-storage property with three buildings built from 2020-2025. Available at a 7.7% 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.
Location
State MI
County Leelanau
Zoning Commercial
Interior
Heating None
Cooling None
Exterior
View Y/N No
Roof Type Metal
Listed by Three West, LLC