Address
510 10th Street, Plainwell, MI
Price
$ 1,500,000
Property Attributes
- MLS#24012995
- TypeCommercial
- CountyALLEGAN
- CityPlainwell
- AreaGun Plain Twp
- NeighborhoodGun Plain Twp
- Zip49080
- StyleRetail/Commercial
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.26 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, which creates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.
| Price History | |
|---|---|
| 3/18/2024 | Listed $1,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Phone Connected,Natural Gas Connected,Electric Connected |
| Year Built | 2021 |
| Township | Gun Plain Twp |
| Property SubType | Retail/Commercial |
| Tax Year | 2023 |
| Business Type | Storage |
| County | Allegan |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | US 131 to E Bridge St to 10th Street |
| City | Plainwell |
| High School District | Plainwell |
| Total Units | 25 |
| MLS Area | Greater Kalamazoo - K |
| Lot Size Square Feet | 98446.0 |
| Waterfront Y/N | No |
| Street Name | 10th |
| Land Lease Y/N | No |
| Tax Annual Amount | 0.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Greater Kalamazoo - K |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 56 |
| Standard Status | Active |
| Tax Assessed Value | 316615 |
| MobileHomeRemainsYN | No |
| Legal Description | On file at listing office. |
| Senior Community | None |
Interior Features
| Total Fireplaces | 2 |
|---|---|
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | None |
|---|---|
| Inclusions | {u'Real Estate': True} |
| Lot Size Area | 2.26 |
| Number of Buildings | 2 |
| Spa | No |
| Building Area Total | 18750.0 |
| Lot Dimensions | Irregular |
| Lot Size Acres | 2.26 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49080
Price
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 17, 2024 6:17 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
