1218 Elm Street

Frankfort, MI 49635 View Map $2,200,000 Schedule a Tour
Sq.Ft.54,875
Year1963

CB Schmidt Realtors

(231) 929-2300

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Status: Active
Property Type:Income
MLS #:1923116
Sq. Feet:54,875
On Site:48 Days
Lot Size:6.04 Acres
County:Benzie
Now offering a multi-property storage portfolio located in beautiful Frankfort, MI. This 10 building portfolio consists of a mix of self-storage unit buildings and season boat & vehicle storage. The self-storage component has an average annual occupancy rate of 97%, while the vehicle storage sees roughly 275 to 300 boats stored annually. The buildings are combination of heated and unheated storage as well as a full-service maintenance shop for boat repair. With its strategic location and versatile infrastructure, this property presents a compelling investment prospect.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1218 Elm Street, Frankfort, MI 49635
County:Benzie
Township:Frankfort
Zip Code:49635

Features / Amenities

Univs Design / Barrier Free: No Steps Entry
Extras: Overhead Crane, Overhead Door(s), Reinforced Concrete Floor
Heating/Cooling Types: Baseboard
Heating/Cooling Sources: Natural Gas

Property Features

Lot Size: 6.04 Acres
Lot Dimensions:480 x 315,170 x 297,420 x 185
Location: Corner Lot, Industrial Park, Freestanding
Deeded Waterfront: No
Water: Municipal Water
Sewer: Municipal
Road: Public Maintained
Directions:1218 Elm St = South side of Elm St between Day Ave and Parkview Ln. 1371 Hall St = Northwest corner of Hall St and Bridge St. 1332 Frankfort Hwy = Just west of Palcich Rd.

Tax and Financial Info

Terms: Conventional Mortgage, Commercial Loan, Cash
Type of Ownership: Private Owner
Tax ID: 10-51-150-011-00+
SEV Year: 2024
Sale/Rent: For Sale
Sale or Lease: For Sale
Documents on File: Legal Description

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1218 Elm Street Frankfort,  MI 49635
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1218 Elm Street Frankfort, MI 49635
 
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Listing Information Last Updated 7/21/2024
Listing provided courtesy of Three West, LLC.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Commercial Schmidt Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.