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5450 W Shelby Rd - Benona Storage Units 12,000 SF Specialty Building Offered at $882,778 CAD at a 9.23% Cap Rate in Shelby, MI 49455

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Investment Highlights

  • Low maintenance Property
  • Room to Expand
  • Tenants on Autopay

Executive Summary

Investment Opportunity

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $882,778 CAD
Price Per SF $73.56 CAD
Sale Type Investment or Owner User
Cap Rate 9.23%
Sale Condition Business Value Included
Property Type
Specialty
  • Specialty Self Storage
Building Class C
Lot Size 2.20 AC
Building Size 12,000 SF
No. Stories 1
Year Built 2019

About 5450 W SHELBY RD , SHELBY, MI 49455

Turnkey self-storage investment offering stable cash flow and low management in Oceana County's active recreation corridor. Located between US-31 and the Stony Lake/Silver Lake area, the facility benefits from strong seasonal and local demand with convenient access for residents and visitors. The property features two Trachte all-steel storage buildings constructed in 2019 and 2022 totaling 63 units and approximately 12,000 square feet on 2.2 acres. Occupancy has grown steadily since development, creating a stabilized income-producing asset. Operations are streamlined for efficient ownership with month-to-month leases and all tenants enrolled in automatic payment, allowing for simple remote management and minimal day-to-day oversight. Self-storage remains one of the most resilient real estate asset classes, and this property offers dependable income with a straightforward operating structure. Seller will assist with transition and operational training if desired. NOI ~ 55k/yr

Property Taxes

Property Taxes

Parcel Number
011-013-100-16
Land Assessment
$33,882 CAD (2025)
Improvements Assessment
$327,169 CAD (2025)
Total Assessment
$361,052 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37616231

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 5450 W Shelby Rd, Shelby, MI 49455

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