387 E South Street, Hesperia, MI 49421

Other
NZD $524,703
USD $294,900
Published on: 18 Sep 2026
Last updated on: 03 Oct 2026
387 E South Street, Hesperia, MI 49421
387 E South Street, Hesperia, MI 49421
387 E South Street, Hesperia, MI 49421
387 E South Street, Hesperia, MI 49421
  • 4
Property ID: 110110215580
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Commercial Sale, Hesperia, MI

387 E South Street, Hesperia, MI 49421
Simple. Low Maintenance. Income Producing. Here's an investment opportunity that gets back to the basics! This Hesperia commercial storage property features 38 individual storage units, each measuring approximately 10' x 20', with a current rental rate of $70 per month per unit. The property is currently fully occupied, with the owner utilizing two of the units, creating the potential for additional rental income in the future. Why invest in rental homes that can come with furnaces, plumbing problems, broken windows, leaking basements, costly turnovers, and constant repairs? Storage keeps it simple. No heat, no residential tenants, and fewer major systems to maintain or replace. With 36 units currently generating rental income, the property produces approximately $2,520 per month / $30,240 annually in gross rental income, with the two owner-occupied units offering additional income potential if placed into .... (See Supplement Remarks) Simple. Low Maintenance. Income Producing. Here's an investment opportunity that gets back to the basics! This Hesperia commercial storage property features 38 individual storage units, each measuring approximately 10' x 20', with a current rental rate of $70 per month per unit. The property is currently fully occupied, with the owner utilizing two of the units, creating the potential for additional rental income in the future. Why invest in rental homes that can come with furnaces, plumbing problems, broken windows, leaking basements, costly turnovers, and constant repairs? Storage keeps it simple. No heat, no residential tenants, and fewer major systems to maintain or replace. With 36 units currently generating rental income, the property produces approximately $2,520 per month / $30,240 annually in gross rental income, with the two owner-occupied units offering additional income potential if placed into the rental pool. Whether you're an experienced investor looking to expand your portfolio or searching for a straightforward entry into commercial real estate, this is an opportunity to own an established, income-producing storage facility with demand already in place. Skip the complexity. Own the space. Collect the rent.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,549.52 m2
Building Size
706.06 m2
Year Built
2002
Num Floors
1
County
Newaygo
Parcel ID
09-30-300-022 *SUBJECT TO VILLAGE APPROVAL
Provider
Michigan Regional Information Center, LLC.
Brokerage Office Name
Grand Rapids North Market Center, LLC
Brokerage Office Phone
(616) 447-9100
Address
387 E South Street, Hesperia, MI 49421
Contact Agent
Tammy Jo Budzynski
Keller Williams GR North
3237 Platinum St NE , Grand Rapids, MI 49525
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Tammy Jo Budzynski
3237 Platinum St NE , Grand Rapids, MI 49525
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      Property ID: 110110215580

      Original Property ID: 3yd-GRARMI-26049631
      Data provided by Michigan Regional Information Center, LLC., MLS #: 26049631
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