Sold
Sold In House
1218 Elm Street
Frankfort MI, 49635
$2,200,000
$40.09 per sqft
Sold
Sold In House
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
December 10, 2024
Updated
Map
1218 Elm Street
Frankfort MI, 49635
Interior Features
Floor Description
Concrete
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Natural Gas
Exterior/Building Features
Lot Size
6.04 Acres
Lot Features
Corner Lot, Freestanding, Industrial Park
Roof
Metal, Membrane
Sewer
Public Sewer, None
Other Property Details
Days on Market
157
Association Fee Frequency
Yearly
Garage
No
Parking
Parking Lot
View
No
County
Benzie
Municipality
Frankfort
Water Source
Public, None
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/11/2024 | Sold | $2,200,000 |
8/13/2024 | Pending | — |
Listed by with Three West, LLC
Listing Contact:
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Data last updated on 12/10/2024 at 3:36 PM UTC