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

Studio Baths0.0 Sq 18,750

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 18,750 square foot 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, whichcreates 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.

Commercial Active

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

2.26

Year Built

2021

Town/City

Plainwell

County/Region

Allegan

MLS | Web ID

70395463

Features

General

Heating Forced Air

Water Public Water at Street

Status Active Active

Year Built 2021

County Allegan

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Gun Plain Twp

Subdivision MI

Commercial Features Electric Available Gas Available Telephone

Area Gun Plain Twp (03008)

Primary City Plainwell

Directions US 131 to E Bridge St to 10th Street

City Plainwell

Street Name 10th

Financial Terms Cash

Legal Description On file at listing office.

DOM 65

Postal Code 49080

Price Per Sq Ft Total 64

Coming Soon 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

Exterior

Exterior Pole Wood

Frontage 0

Lot Size Area 2.26

Lot Dimensions Irregular

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Chad VanDerwall

Listing Agent

Kalamazoo Commercial Real Estate

Broker

chad@kalamazoocre.com

Affordability Calculator

$7,976

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: --
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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Nearby

Trends
Schools

Commerical listings in Plainwell, MI

Average List Price ^$307,785

Percent of Sale Price 74%

About Plainwell, MI

3,883 Population

1% Since 2002

^$50,696 Median Income

40.17 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 18,750 sqft and 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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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510 10th Street

Commercial Property for sale in Plainwell, MI

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