$225,000
Leslie, MI 49251
MLS# 25043509
10600 sqft
1 / 10
Property Description
Prime commercial opportunity located in Leslie with excellent US-127 highway frontage and visibility. This property spans 3.69 acres and offers a total of 60 storage units with concrete floors and no electricity. Unit mix includes (34) 10x20 units renting at $50 per month, (24) 10x7 units renting at $25 per month, and two (2) 20x20 units renting at $100 per month. Occupancy is approximately 90% of the 10x20 units rented and 30% of the 10x7 units rented. Additional features include a 28x40 pole barn with two slider doors and a small office space, currently used by the seller and not rented, allowing for potential additional income. The property also generates $2,500 annually from a leased billboard sign located on site. With highway exposure, multiple income streams, and room for operational growth, this investment is a strong addition to any portfolio. Current storage income $16,800. There are 20 walnut trees in the wooded area.
Details
Maps
Location Property Info
County: Ingham
Street Name: Churchill
Suffix: Road
State: MI
Zip Code: 49251
Area: Ingham County - 20
OfficeContract Info
Status: Active
Current Price: $225,000
List Price: $225,000
Listing Date: 2025-08-25
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 3.69
Lot Square Footage: 160736
Lot Dimensions: 907x443x639
Year Built: 1978
Road Frontage: 907
Mineral Rights: Unknown
Total # Units: 60
# Fin Bldg Lvls: 1
Total # Bldgs: 7
Total SqFt: 10600
Property Use Type: Business
Waterfront: No
School District: Leslie
Tax Info
Tax ID #: 33-14-14-08-400-014
Taxable Value: 62779
SEV: 114896
For Tax Year: 2024
Seller's Annual Property Tax: 3554
Tax Year: 2024
Spec Assessment & Type: None
Zoning: B-1
Remarks Misc
Directions: Located on the northeast corner of Covert and Churchill
Income and Expenses
Gross Op Income ($): 12406
Net Operating Income: 15800
Total Actual Rent: 19300
Operating Expense: 3554
Waterfront Options
Water Access Y/N: No
Property Features
Uses: Storage
Ownership: Other
Business Includes: Real Estate
Construction Type: Pole/Wood
Exterior Material: Metal Siding
Roofing: Metal
Foundation: Slab
Below Grade: None
Additional Features: Outdoor Storage
Sewer: None
Water: None
Utilities Attached: None
Util Avail at St: None
Heat Source: None
Heat Type: None
Air Conditioning: None
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow; Subject To Tenant Rights
Listing Office: Sproat Realty Professionals-J
Listing Agent: SUSAN MOHLMAN
Last Updated: December - 23 - 2025
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