For Sale Commercial MLS# 26049747

4298 58th (Blue Star Hwy) Street

Holland, MI 49423

$3,700,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoBHG Connections
AgentTammy L Kerr

About 4298 58th (Blue Star Hwy) Street

Excellent investment opportunity at South Holland Storage, located at 4298 Blue Star Hwy. This established storage facility is being offered as an entire parcel and includes five 8,100 sq. ft. storage buildings, all situated on a fenced and gated property. The facility has a strong 95% occupancy rate and generates gross income of $300,000+, with additional upside potential. The property also includes additional land currently improved with small cabins and a house with garage that brings in 45,000 of income. There is potential for renovation, redevelopment, or expansion. There is an opportunity to add more storage units and further increase income, subject to approvals. This is a rare chance to acquire an income-producing storage facility with room for growth in a convenient Blue Star Highway location. Buyer and buyer's agent to verify all financials, square footage, occupancy, permitted uses, zoning, redevelopment potential, association/operating expenses, and municipal approvals.

Property details

Property

Type
Industrial
MLS type
Commercial
Status
Active
Year built
2019
Stories
1
Living area
44,700 sqft
Price / sqft
$83
Lot
4.416
Full baths
10
Original price
$3,700,000
MLS #
26049747

Exterior & lot

Construction
Metal Siding
Roof
Metal
Foundation
Slab

Schools

District
Hamilton Community Schools

Utilities

Utilities
Public Water, Cable Connected, Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned, LLC
Annual tax
$36,000
Tax year
2025
Parcel
06-018-017-00
Legal
The north 5 acres, exclusive of the public Highway not he east side of the east 1/4 of the Southeast 1/4 of Section 18

Location

County
Allegan
Community
Paved, Hamilton
Directions
Blue Star Hwy to address, Across from 143rd street.

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.