Gratiot Self Storage

For Sale

65600 Gratiot Ave, Lenox MI, 48050

  • Existing Infrastructure with Growth Potential: The property features 80 fully operational storage units and is site plan approved for an expansion to a total of 330 units.
  • Prime Location: Strategically located on a 3.35-acre site along Gratiot Avenue, just south of 31 Mile Road, ensuring excellent accessibility and visibility.
  • Proximity to High-Traffic Retail: Positioned only 0.75 miles south of a high-performing Kroger store, ranked 408th out of 1,230 nationwide and 41st out of 120 statewide (source: Placer.ai).
  • Attractive Investment Profile: Offers low operating expenses, minimal maintenance requirements, and low tenant turnover costs, providing a strong foundation for consistent income.
  • Value-Add Potential: Significant opportunity to enhance revenue by developing additional storage units or incorporating premium services such as climate-controlled storage.

Property Details

Land Size

3.35 AC

Sale Price

$900,000

Parking

Surface

The information is not currently available online. Please contact the broker for further details.