470 S Sandusky Road

    Watertown Twp, MI 48471
    • $1,950,000
    • STATUS: Active
    • ON SITE: 70 days
    • ID#: 219094168
    UPDATED: 31 min ago
    $1,950,000
    • 0
      BEDS
    • 3.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 28,500
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2016
    County:
    Zoning:
    Commercial
    Lot Size Dimensions:
    203X352

    School Ratings & Info

    School District:

    Description

    Two separate lots totaling almost 4 acres consisting of 8 different storage locker barns with approx total sqft of 28,500. Plus plenty of space for outside storage or additional barns. Currently almost 90% full. Excellent rental history as there is no other viable storage facility in the surrounding area. One of the lots is fenced. The other is not. Each lot has separate driveway access to and from M-19. Out lot in front of lockers would make a great commercial storefront. There is property at rear of second lot for additional buildings too. Lots of growth potential with these two locations. Total of 214 separate storage lockers ranging in size from 5x10 to 10x30 with higher overhead too. This is the easiest rental business you could ever ask for. Only expenses are minimal taxes, lawn and snow, minimal maintenance and insurance. Net income is over $120,000 per year and rents have not risen in many years so even more potential to increase your return on investment.

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    © 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-11-22T19:56:37.947.
    www.buckleyjolley.com/homes/98883997

    470 S Sandusky Road Watertown Twp, MI 48471

    • Price: $1,950,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 219094168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.65
    Acres
    28,500
    SQFT
    $68
    $/SQFT
    2016
    Built
    Neighborhood:
    Watertown Twp
    County:
    Sanilac
    Area:
    Watertown Twp
    School District:
    SANDUSKY
    Property Description
    Two separate lots totaling almost 4 acres consisting of 8 different storage locker barns with approx total sqft of 28,500. Plus plenty of space for outside storage or additional barns. Currently almost 90% full. Excellent rental history as there is no other viable storage facility in the surrounding area. One of the lots is fenced. The other is not. Each lot has separate driveway access to and from M-19. Out lot in front of lockers would make a great commercial storefront. There is property at rear of second lot for additional buildings too. Lots of growth potential with these two locations. Total of 214 separate storage lockers ranging in size from 5x10 to 10x30 with higher overhead too. This is the easiest rental business you could ever ask for. Only expenses are minimal taxes, lawn and snow, minimal maintenance and insurance. Net income is over $120,000 per year and rents have not risen in many years so even more potential to increase your return on investment.
    Exterior Features

    Architecture Level 1 Story Construction Materials Steel/Metal Foundation Details Slab Foundation Materials Other Lot Size Dimensions 203X352 Road Frontage Feet 203 Road Frontage Type Class A Waterfront YN No

    Interior Features

    Heating Cooling Other Heating Fuel Natural Gas Room Count 0

    Property Features

    Commercial Type Business And Real Estate Current Use Storage Facility Encroachment YN No Gross Scheduled Income 130188.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 10850 Net Operating Income 125000.00 Operating Expense 5000.00 Ownership Status Private OwnedShort Sale - No Percent Leased 88 Possession At Close Postal City Sandusky Protection Period 0 Settlement Township Sewer Sewer At Street Short Sale No Tax Amount Summer 1000.0000 Tax Amount Winter 1000.0000 Title Private - Owned Total Tax 2000.0000 Unparsed Address 470 S SANDUSKY RD Water Source Other/None Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Realty Volution.Com and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    © 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-11-22T19:56:37.947.
     
    The Buckley Jolley Real Estate Team
    323 W. Main St., Suite 201
    Brighton MI, 48116