3619 Mertz Rd - Freestanding FOR SALE


Caro, MI 48723
$499,900 USD
810-695-4111
3619 Mertz Rd, Caro, MI for Sale
$499,900 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

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3619 Mertz Rd
Caro, MI 48723


HIGHLIGHTS

  • Features 32 storage units and a 2,200 sq. ft. commercial lease space
  • Includes a 2-bedroom apartment, billboard lease, and ample outdoor storage
  • Situated on 4.5 acres, offering room for expansion

OVERVIEW

Incredible value-add investment opportunity on 4.5 acres(+/-), featuring 32 storage units, a 2,200 sq. ft. commercial lease space generating $2,200/month, and a 2-bedroom apartment bringing in $650/month. Additional income streams include a billboard lease at $1,250/year and ample outdoor storage space for expansion. With multiple revenue sources and room for growth, this property is a prime investment—don’t miss out!

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

4.5 AC

LAND SF

196,020 SF

ZONING

C1

APN/PARCEL ID

011-002-000-1125-01

ASK ABOUT THIS PROPERTY

Scott MyersRE/MAX PlatinumMore Info
810-695-4111

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Scott MyersRE/MAX PlatinumMore Info
810-695-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.