27,932-Square-Foot, 140-Unit Self-Storage Facility with Expansion Potential on 9.4 Acres

Highlights:

• 27,932 Net Rentable Square Feet
• 130 Drive-Up Storage Units and 10 RV Spaces
• Built in Phases, with 18,000 NRSF Constructed at the End of 2023
• Sits on a 9.4-Acre Parcel with Expansion Plans for an Additional 60,000 NRSF
• Favorable Self-Storage Market with Low Saturation
• No Known New Developments or Permit Filings Within a 10-Mile Radius

Description:

RI Marketplace Online Auction June 9 -11, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2503/27-932-square-foot-140-unit-self-storage-facility-with-expansion-potential-on-9.4-acres?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=selfstorage_2503

Marcus & Millichap, in conjunction with RealINSIGHT Marketplace, is pleased to exclusively offer for auction Secure Self-Storage located in Lake City, Michigan. This strategically positioned facility sits on 9.4 acres and consists of 130 drive-up units and 10 dedicated RV spaces, totaling 27,932 net rentable square feet. The most recent phase of development, comprising 18,000 NRSF, was completed in late 2023.

Secure Self-Storage is located in a high-demand, underserved market with extremely low self-storage saturation levels across multiple radii. The current ownership has prepared development plans to expand the property by an additional 60,000 NRSF, capitalizing on the market’s unmet storage demand.

With minimal competition and no new self-storage development activity in the surrounding 10-mile radius, this offering presents a rare opportunity to acquire a facility with proven demand, expansion potential, and long-term upside.

Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915

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