This listing is under contract.

Incredible income-generator!

707 East Blvd Kingsford, MI 49802

707 East Blvd, Kingsford, MI, 49802
707 East Blvd, Kingsford, MI, 49802 707 East Blvd, Kingsford, MI, 49802
UNDER CONTRACT FOR SALE
Property Type:
Self Storage
Amount:
$875,000
Cap Rate:
0.00%
Last Verified:
Oct 02, 2024

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Ready for a great investment? Check out this passive income-generator! 18,000 sq ft building with 66 high-occupancy storage units on a busy corner lot with excellent visibility and high traffic counts. Encompassing 2.2 acres with ample room to expand with construction of a second building for even more income opportunities.

Map of 707 East Blvd, Kingsford, MI, 49802

Presented by:
Stephens Real Estate

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Ryan Gordon


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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.