Skip To Content

7362 North Long Lake Road

Traverse City, MI 49685
  • $425,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • MLS #: 1896003
Under Contract
UPDATED: 81 min ago
$425,000
  • 0
    BEDS
  • 1.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

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.

Monthly Payment Calculator



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-01-26T19:51:51.857.
www.brickcorbett.com/homes/124481741
Print Image

7362 North Long Lake Road Traverse City, MI 49685

  • Price: $425,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 81 min ago
  • MLS #: 1896003
0
Beds
0
Baths
0
½ Baths
1.92
Acres
7,200
SQFT
$59
$/SQFT
2011
Built
Neighborhood:
None
County:
Grand Traverse
Area:
Grand Traverse
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.
Exterior Features

Construction Block Exterior Features Block Foundation Slab Lot Dimensions irregular Parking Paved Road Public Maintained Roof Metal

Interior Features

Heating Cooling Type None

Property Features

Business Incl No Business Name None Deeded Waterfront No Documents On File None Eco Features No Extras Overhead Door(S) Heating Cooling Source None Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location FreestandingInside Lot Possession At ClosingSubject To Tenants Rights Present Use Mini-Storage Sale Or Lease For Sale Sale Rent For Sale Section Number 11 Sewer None Terms CashCommercial LoanConventional Mortgage Township Long Lake Type Income Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water None Zoning Commercial

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Three West, Llc: 231-929-2955.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-01-26T19:51:51.857.
 
https://bt-photos.global.ssl.fastly.net/nglrmls/1280_boomver_1_1896003-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/1280_boomver_1_1896003-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/1280_boomver_1_1896003-2.jpg
Logo
Brick & Corbett
500 S Union Street
Traverse City MI, 49686