7341 Alba Highway, Star Township, MI 49730
NONE · Antrim County
Key Facts
Description
Investment Opportunity with Room to Grow! Newly constructed 20-unit self-storage facility offering immediate income and outstanding upside potential. Currently operating with 20 storage units and approximately 50% occupancy, this property is already generating income through word-of-mouth referrals alone, with no formal marketing efforts. This presents a significant opportunity for an investor to through even basic marketing and online exposure. The site has ample room for expansion, with the potential to add an additional 30’ Ã- 100’ storage building, increasing the facility from 20 units to approximately 40 units, subject to any applicable approvals. Located in an unzoned township, the property offers added flexibility for future development. Whether you’re looking to expand your investment portfolio or enter the self-storage industry, this property offers the ideal combination of current income, value-add potential, and future growth. Highlights: Newly constructed 20-unit self-storage facility Approximately 50% occupied with immediate income Strong value-add opportunity Room to construct an additional 30’ Ã- 100’ building Potential to expand to approximately 40 total units (subject to approvals) Low-maintenance investment with excellent long-term upside Located in an un-zoned area offering development flexibility A rare opportunity to own a growing self-storage investment with expansion potential in Northern Michigan.
Property Information
Property Type
Commercial Sale
Year Built
2025
Living Area
3,000 sq ft
Lot Size
1.08 acres
Lot Dimensions
172' x 273'
Days on Market
3
MLS® Listing#
78080070836
Property Features
Cooling
Heating
Parking
Construction
Foundation
Roof
Financial Details
Parcel Number
051302001330
Affordability Calculator
$41,800
Estimated monthly payment
$1,112/mo
Principal $167,200 · Est. interest $233,259 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Star Township, MI
- $402,203
- Median Listing Price
- 58
- Median Days on Market
- 1,884
- Median Sq Ft
- $204
- Median Price / Sq Ft
- 11,462
- Active Listings
- This home’s price is 48% below the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Star Township, MI.
Location
Points of Interest in Star Township, MI
Showing the Star Township area map.
Nearby Schools
Alba Public School
School · 1.5 mi away
North Central Academy
School · 2.6 mi away
Society of St Pius X SCRD HRT Acdmy
School · 6.8 mi away
Mancelona Early Childhood
School · 7.9 mi away
Mancelona Middle School
Secondary · 7.9 mi away
Mancelona Elementary School
Elementary · 8.1 mi away
Mancelona Public Schools
School · 8.1 mi away
Mancelona High School
Secondary · 8.4 mi away
Grace Baptist Church
School · 10.9 mi away
Bellaire Middle & High School
Secondary · 13.3 mi away
Bellaire Elementary School
Elementary · 13.3 mi away
North Ohio Elementary School
Elementary · 13.4 mi away
Gaylord St. Mary Cathedral School
School · 13.4 mi away
Gaylord Intermediate School
Secondary · 13.6 mi away
John R Rodger Elementary School
Elementary · 13.8 mi away
South Maple Elementary School
Elementary · 13.9 mi away
Gaylord Middle School
Secondary · 13.9 mi away
Gaylord High School
Secondary · 14.1 mi away
Boyne Falls Public School
School · 14.2 mi away
Otsego Christian School
School · 14.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 265 Amherst Street, Summit Township, MI | $147,000 | 3 | 1 | 1,292 |
| 00 Big Lake Road, Springfield Charter Township, MI | $147,000 | — | — | — |
| 42188 Todd Mark Lane, Clinton Charter Township, MI | $147,000 | 2 | 2 | 1,122 |
| 2596 E Fox Road, Alcona Township, MI | $147,000 | 3 | 1 | 900 |
| 11830 Shenandoah Drive 4, Green Oak Township, MI | $147,500 | 1 | 2 | 965 |
| 7939 NE Beechnut Street, Coldsprings Township, MI | $147,900 | 2 | 1 | 800 |
Moving Cost Estimate
EXIT Agents in Star Township
Listing Courtesy: Paradise Properties USA - 2313314423
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