For Sale
$1,300,000

833 Delaney RdOwosso, MI 48867

21,255 SF Warehouse, 51 Storage Units

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional investment opportunity presents a 21,255-square-foot industrial warehouse situated on a 3.03-acre fenced lot in Owosso, Michigan. The property, located at 833 S Delaney Rd, 48867, boasts three buildings constructed in 1992 and includes convenient features such as three loading docks and two dock-high doors. The warehouse itself offers ample space, complemented by front office space and two restrooms. A significant income stream is generated by 51 fully rented storage units, currently operating with a waiting list. This NNN-leased property is vacant and available for occupancy June 1, 2024, offering immediate potential for lease income or owner-occupancy. The asking price is $1,300,000, translating to $61.16 per square foot and $25,490.20 per unit. The property's APN is 006-23-300-001-04. This turnkey investment combines the benefits of a large industrial space with a consistently profitable storage unit operation, presenting a compelling opportunity for significant return.

Highlights

  • $1,300,000 asking price for this 21,255 SF industrial warehouse in Owosso, MI.
  • NNN lease, currently vacant, available June 1, 2024.
  • Features 3 buildings on a 3.03-acre lot, with 3 loading docks and 2 dock-high doors.
  • Includes 51 fully rented storage units generating supplemental income.
  • Located at 833 S Delaney Rd, Owosso, MI 48867.

Property Details for 833 Delaney Rd

Property type
Warehouses, Industrial properties
Square Feet
21,255 SF
Year Built
1992
Buildings
3
Lot Size (sq. ft)
131,987 SF
Units
51

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
42.9853828
Longitude
-84.2057286
833 Delaney Rd, Owosso, Michigan

FAQs

What type of property is this?
Warehouse - 21,255 SF Warehouse, 51 Storage Units
Where is the warehouse located?
The property is located at 833 Delaney Rd Owosso, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: $1,300,000 asking price for this 21,255 SF industrial warehouse in Owosso, MI.; NNN lease, currently vacant, available June 1, 2024.; Features 3 buildings on a 3.03-acre lot, with 3 loading docks and 2 dock-high doors.
How can I contact the broker?
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833 Delaney Rd
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