Courtesy: Keller Williams Realty Lansing-East
517-853-1200
This fully occupied storage unit property on 1.15 acres offers an exceptional investment opportunity. With 12 units of 5'x10', 8 units of 10'x10', and 8 units of 10'x20', the facility boasts a diverse mix and a 100% occupancy rate, ensuring stable revenue. The property delivers an impressive 8% cap rate and includes a fully operational website with online payment options, streamlining management and tenant convenience. Additionally, there's ample room for expansion on the spacious lot, presenting future growth potential. This turnkey property is ideal for investors seeking that is already up and running. Don't miss out on this lucrative opportunity
Business Opportunity Alert! Check out this fantastic commercial building in Litchfield, perfect for your next business venture! This spacious property features: 7 versatile rooms, 2 restrooms and a full basement for extra storage or expansion. With its prime location and flexible layout, this space is ideal for a variety of businesses such as a dentist's office, daycare center, or a spa/salon. The possibilities are endless! This company makes no warranty or representations about the contents of this data. It is the responsibility of the parties looking at the property to satisfy themselves as to accuracy of this information. Taxes were obtained from the local assessor and the taxes could change for the buyer after a closed transaction.
Litchfield is located in Michigan. Litchfield, Michigan has a population of 1,311. Litchfield is more family-centric than the surrounding county with 29.94% of the households containing married families with children. The county average for households married with children is 27.66%.
The median household income in Litchfield, Michigan is $36,767. The median household income for the surrounding county is $46,160 compared to the national median of $57,652. The median age of people living in Litchfield is 35.2 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 36.2 inches per year, with 45.9 inches of snow per year.
