510 10th Street Plainwell, MI $ 1,200,000
510 10th Street
$ 1,200,000
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510 10th Street

Plainwell, MI, 49080
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,976

510 10th Street, Plainwell, MI 49080 - Image 1
510 10th Street, Plainwell, MI 49080 - Image 2
510 10th Street, Plainwell, MI 49080 - Image 3
Studio

Commercial Property for sale in Plainwell, MI

for $1,200,000. This building was built in 2021 on a lot size of 2.26.

RPM Boat and RV Storage is a premium self-storage facility that was built in 2021 and is located at 510 10th Street in Plainwell, Michigan. This facility consists of 25 units measuring 15'x50' with 12'x14' overhead doors, totaling 18,750 square feet between the two buildings. The business is operating at 100% occupancy with long term tenants. 13 of 25 units are below market rents, which creates opportunity for even better returns for the new owner. Whether this is your first investment, or you're looking to add to a portfolio, this is an exceptional property.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail/Commercial

Lot Size

2.26

Year Built

2021

Town/City

Plainwell

County/Region

Allegan

MLS | Web ID

24012995

Features
General
Sewer Public Sewer
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Phone Connected Natural Gas Connected Electric Connected
Year Built 2021
Township Gun Plain Twp
Property SubType Retail/Commercial
Tax Year 2023
Business Type Storage
County Allegan
New Construction N
Property Type Commercial Sale
Status Active
Directions US 131 to E Bridge St to 10th Street
City Plainwell
High School District Plainwell
NumberOfUnitsTotal 25
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 98446.0
Waterfront Y/N N
Street Name 10th
Land Lease Y/N N
Tax Annual Amount 0.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 70
Standard Status Active
Tax Assessed Value 316615
Legal Description On file at listing office.
Senior Community None
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Interior
Total Fireplaces 2
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source None
Inclusions {u'Real Estate': True}
Lot Size Area 2.26
Number of Buildings 2
Spa N
Building Area Total 18750.0
Lot Dimensions Irregular
Lot Size Acres 2.26
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 510
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* Excluded Features
List By
Kalamazoo Commercial Real Estate

Broker

chad@kalamazoocre.com

Email

Affordability Calculator

$7,976
Per Month
100%
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0%
Monthly Principal & Interest
$7,976
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
250476 Elementary School
250606 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2024$1,200,000 -20.00% Price Down
3/18/2024$1,500,000 Listed Price

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510 10th Street, Plainwell, MI, 49080 is a Commercial Property for sale at $1,200,000 with a lot size of 2.26. 510 10th Street is a studio with 0.0 baths and was built in 2021. The property's zip code is 49080 which is in Plainwell, MI