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3232 W. Frank Pipp Dr

$1,800,000

3232 W. Frank Pipp Dr., Iron Mountain, MI 49801

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Last Updated: 07/19/2024

42,000 sqft

Building Size

4 acres

Lot Area

Details:
Building Size:    42,000 sqft
Lot Area:    4 acres
Occupancy:    95%
Year Built:    1987
Price Per Sqft:    $42.86
Zoning:    Comm
Tenancy:    Multiple
Floors:    1
Parking Spots:    100
Year Last Renovated:    2020
Gross Leaseable Area:    42,000
Construction Status:    existing
Roof:    asphalt shingle
Description:

Great passive income opportunity for the discerning investor! This self-storage business contains two 24,000 sq ft buildings with a total of 156 units in a variety of sizes. Located in a great spot on the edge of town, just off US Hwy 2. Situated on a 4-acre parcel with room to add another storage building. This is a highly successful business with occupancy rates consistently between 94-100%.

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