Great passive income opportunity!

3232 W. Frank Pipp Dr. Iron Mountain, MI 49801

3232 W. Frank Pipp Dr., Iron Mountain, MI, 49801
3232 W. Frank Pipp Dr., Iron Mountain, MI, 49801 3232 W. Frank Pipp Dr., Iron Mountain, MI, 49801 3232 W. Frank Pipp Dr., Iron Mountain, MI, 49801
FOR SALE
Property Type:
Self Storage
Amount:
$1,800,000
Cap Rate:
0.00%
Last Verified:
Feb 04, 2025

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Great passive income opportunity for the discerning investor! This self-storage business contains two 24,000 sq ft buildings with a total of 156 units in a variety of sizes. Located in a great spot on the edge of town, just off US Hwy 2. Situated on a 4-acre parcel with room to add another storage building. This is a highly successful business with occupancy rates consistently between 94-100%.

Map of 3232 W. Frank Pipp Dr., Iron Mountain, MI, 49801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.