127 UNITS STORAGE BUILDINGS ON 1 62 ACRES

127 UNITS STORAGE BUILDINGS ON 1.62 ACRES SOUTHWEST MI
MICHIGAN HWY 12 FRONTAGE , NEW CASINO 10 MILES AWAY
127 UNITS STORAGE BUILDINGS ON 1.62  ACRES SOUTHWEST MI
Start Price -
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Buy It Now Price -
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Start Time Sunday, October 05, 2008
End Time Saturday, January 03, 2009
Location WATER WONDERLAND, SW MICHIGAN

See more about '127 UNITS STORAGE BUILDINGS ON 1.62 ACRES SOUTHWEST MI'

Description
I am not a Real Estate Realtor . Just trying to help a friend of mine that has health problems and wants to liquidate this property . 127 unit storage building facility. Total property here sits on 10.74 acres . Storage buildings occupy 1.62 acres and the units total square footage is 18,000 square feet ($400,000 for the storage units and the 1.62 acres they sit on , ) . Units are surrounded by chain link fence with one entrance/exit . Another 1.62 acres goes from the front fence to Michigan highway 12 and is vacant land ($200,000 for the 1.62 highway acreage) . Another 7.5 acres is attached on the west side of the units and is wooded land ($400,000 for the 7.5 acres) . The 7.5 acres can be cleared for future development . All property here is zoned industrial . Highway frontage on Michigan HWY 12 is 876.02 feet wide . Poperty is approximately 522 feet deep . 2 paved roads lead into the storage unit area , Michigan HWY 12 and a county road called Schwark Road . Storage unit area is gravel drive . First unit phase built in 1997 and second unit phase built in 2000 . Number of storage units and the sizes (dimensions are feet) , 24 units 5 x 10 , 25 units 10 x 10 , 48 units 10 x 15 , 25 units 10 x 20 , and 5 units 10 x 30 . Owner wants to sell because of personal health issues . Located in southwestern Michigan area , Three Oaks , Michigan . This is the extreme southwest corner of the state of Michigan . Only 7 miles from Lake Michigan , 65 miles to Chicago , 33 miles to South Bend , Indiana , 25 miles to St. Joeseph & Benton Harbor , Michigan , 75 miles north will get you to Kalamazoo, Michigan. A brand new casino opened up on August 2nd , 2007 , called : Four Winds Casino , located about 9 miles from this property. If this new casino was located in Las Vegas , Nevada , it would be the 3rd largest in Vegas in gaming area square footage . The casino alone employs slightly over 2,000 workers and is open 24 hours a day , all year round. This area of southwest michigan is a very heavy tourist area all year round and especially during the summer months . There are many antique malls , fine dining , art galleries , movie theaters , live stage theater , many new home subdivisions being built in the area . Lake Michigan boating and fishing , close to major airports (O'Hare and Midway in Chicago) and South Bend Indiana airport . Amtrack passenger rail service also comes through the area daily . Owner is not looking to finance this sale and is asking $1,000,000 (1 Million Dollars) for the entire properties . Storage units are currently 50%-53% occupied by renters . Many of the other units are used for storage by the owner himself as he is a lifetime contractor by trade . Owner would like to sell this entire property described here as one package but is willing to possibly selling partial : 1. Storage units and property they sit on , 1.62 acres ($400,000) . 2. Vacant land in front of the units along HWY 12 , 1.62 acres ,($200,000) or 3. The wooded 7.5 acres to the left of the storage units , ($400,000) . LATEST ADDED ANNOUNCEMENT: An investment group out of Chicago just announced plans to build a new hotel with many suite like rooms and an indoor water park . The new hotel project is approximately 2 1/2 miles from this storage unit property , on the same highway, HWY 12 , with projected cost value of $120 Million Dollars . I have many photos here so have patience as they come up . Please contact me if you have any questions or need further details on the property or the area that it is located at . This is a private listing and is not listed with any realtor. I am just helping out a friend of mine that wants to sell the property described here . You can contact me either by email or telephone during designated hours . Thanks for taking the time to read all this and have 20 photos here .

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