312 Jones Street 312 Jones St 4 200 pi² Industriel Immeuble Saginaw, MI 48604 431 922 $ CAD (102,84 $ CAD/pi²) 4,13% Taux de capitalisation

Turnkey self-storage investment with expansion potential and verified upside.
Hodge Podge Self Storage is a stabilized 4,200 sq ft drive-up facility located on 1.86 acres in Saginaw, MI. The property is 70 % occupied across 24 units + 1 office and operates under a low-overhead, unmanned management model with asphalt drives and easy access off Jones Street.
A third-party feasibility study (Self Storage 101, 2025) validates significant unmet demand within the 3-mile trade area and supports an expansion of ˜ 20,000 sq ft (+ 123 units). Upon completion and 18-month lease-up, the facility is projected to achieve a stabilized value of ˜ $1.6 million at a 6.95 % cap rate. Development costs are estimated at $50-55 per sq ft, leaving substantial upside for a hands-on investor or operator.
Offered at $314,950, this opportunity provides immediate cash flow and a clear, feasibility-backed path to 4-5× value growth. Zoned commercial, the site includes ample space for expansion and is surrounded by high-occupancy competitors with limited new supply planned. Direct inquiries only – no brokers please.