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Patricia Rader
REALTOR®

1120 Us-31 N, Pellston, MI 49769

$1,750,000
  • 1120 Us-31 N, Pellston, MI 49769 Main Photo

33 Photos

Active
MLS#1950321
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

HIGHWAY CORRIDOR PORTFOLIO WITH AIRPORT EXPOSURE & MASSIVE BUILD-OUT UPSIDE: Priced at $1,750,000, this rare multi-asset 7.8% CAP RATE commercial portfolio delivers immediate diversified cash flow paired with a preapproved development segway for 440 additional fully approved storage units on 7 expansion pads. Positioned directly on a high-traffic 6266 AADT highway corridor, the property features unparalleled logistical visibility, sitting directly across from the Pellston Regional Airport on over 5 total acres and 400' of frontage-seamlessly abutting state land on the easterly line. The existing revenue stream is anchored by 110 self-storage units with prime highway frontage and an active, high-margin U-Haul Dealership Pick up and Drop off site that acts as a built-in customer acquisition engine. The sale includes an adjacent parcel featuring 2 rental homes generating an immediate $1,950 in monthly gross revenue ($23,400 annually), plus a high-visibility commercial pole building with offices, bathroom and commercial kitchen fixtures- currently leased to a business that plans to continue leasing. While enjoying this multi-stream income on day one, the incoming investor acquires a massive future development asset completely ready to break ground. Skip the risky, multi-year municipal zoning and approval process, capitalize instantly on the airport-adjacent location, and expand the existing storage footprint by 7 pads. Ideal for portfolio investors looking for stable, diversified yield paired with a permitted upside. Financial documents and fully engineered facility layout plans are available. Donâ??t miss this generational chance to secure a cash-flowing asset today while building your real estate legacy tomorrowâ?? step into an incredibly rewarding investment with endless potential!

1120 Us-31 N | MLS# 1950321

This commercial property located at 1120 Us-31 N, Pellston, MI 49769 is currently listed for sale with an asking price of $1,750,000. Search Pellston real estate on www.callrader.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 5.00 Acres
Roof Type: Metal/Steel
Year Built: 2023

Feature Descriptions

Business Included: Yes
Business Name: Pellston US-31 Self Strge
Construction: Steel, Frame
Days on Site: 19
Exterior: Steel
Heating/Cooling: Wall
Lot Dimensions: 400x560
Parking: Parking Lot
Present Use: Mini-Storage
Road: Public Maintained, Blacktop
Sewer: Private Septic
Water: Private Well
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Traverse City
Agency Phone: 231-922-2350

Shown By

Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/27/2026. The listing information on this page last changed on 09/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 09/27/2026 2:35:06 PM EST) or MichRic (Michigan Regional Information Center) (last updated Sun 09/27/2026 2:32:48 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Sun 09/27/2026 2:19:57 PM EST) or MRED MLS (last updated Sun 09/27/2026 2:28:04 PM EST) or NIRA MLS (last updated Sun 09/27/2026 2:34:47 PM EST) or RealComp MLS (last updated Sun 09/27/2026 12:46:43 AM EST) or Dayton MLS (last updated Sun 09/27/2026 2:31:58 PM EST) or NORIS MLS (last updated Sun 09/27/2026 2:34:36 PM EST) or IRES MLS (last updated Sun 09/27/2026 2:32:19 PM EST) or Colorado Real Estate Network IDX (last updated Sun 09/27/2026 8:31:34 AM EST) or CBRMLS (last updated Sun 09/27/2026 2:29:41 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 09/27/2026 2:33:43 PM EST) or Terrehaute MLS (last updated Sun 09/27/2026 2:31:23 PM EST) or elevate MLS (last updated Sun 09/27/2026 2:29:57 PM EST) or Stellar MLS (last updated Sun 09/27/2026 2:25:36 PM EST) or NKY MLS (last updated Sun 09/27/2026 2:29:20 PM EST) or Wrist MLS (last updated Sun 09/27/2026 2:34:27 PM EST) or Firelands MLS (last updated Sun 09/27/2026 2:11:28 PM EST) or LCAR MLS (last updated Sun 09/27/2026 10:50:13 AM EST) or West Central MLS (last updated Sun 09/27/2026 1:54:13 PM EST) or Fort Myers (last updated Sun 09/27/2026 2:32:32 PM EST) or Aspen/Glenwood Springs MLS (last updated Sun 09/27/2026 12:29:39 PM EST) or Northern Nevada Regional MLS (last updated Sun 09/27/2026 2:31:48 PM EST) or MLS NOW (last updated Sun 09/27/2026 2:32:48 PM EST) or Northern Great Lakes Association of Realtors (last updated Sun 09/27/2026 11:04:13 AM EST) or Mansfield MLS (last updated Sun 09/27/2026 2:32:46 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Sun 09/27/2026 2:21:43 PM EST) or Grand Junction MLS (last updated Sun 09/27/2026 2:27:10 PM EST) or Knox County MLS (last updated Sun 09/27/2026 2:23:12 PM EST) or IRMLS (last updated Sun 09/27/2026 2:32:02 PM EST) or Pueblo MLS (last updated Sun 09/27/2026 1:43:54 PM EST) or Upper Peninsula MLS (last updated Sun 09/27/2026 2:30:10 PM EST) or Greater Lansing MLS (last updated Sun 09/27/2026 2:25:23 PM EST) or SEBAR MLS (last updated Sun 09/27/2026 2:34:39 PM EST) or Water Wonderland MLS (last updated Sun 09/27/2026 12:53:02 PM EST) or Eastern Upper Peninsula MLS (last updated Sun 09/27/2026 2:01:06 PM EST) or Scioto Valley MLS (last updated Sun 09/27/2026 1:02:43 PM EST) or Northern Michigan MLS (last updated Sun 09/27/2026 12:33:36 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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