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For Sale

HIGHWAY CORRIDOR PORTFOLIO WITH AIRPORT EXPOSURE & MASSIVE BUILD-OUT UPSIDE

1120 N Us Highway 31,
Pellston, MI 49769
Represented by
Schmidt Realtors

Asset Snapshot

5.00 Acres
Land Area

Offering Summary

Investment Overview

HIGHWAY CORRIDOR PORTFOLIO WITH AIRPORT EXPOSURE & MASSIVE BUILD-OUT UPSIDE: Priced at $1,750,000, this rare multi-asset 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. Don’t miss this generational chance to secure a cash-flowing asset today while building your real estate legacy tomorrow— step into an incredibly rewarding investment with endless potential!


Investment Highlights

  • Turnkey Multi-Stream Income: Generates immediate, diversified cash flow from 110 self-storage units, an active high-margin U-Haul dealership site, two single-family rental homes, and a commercial office/flex building.
  • Massive Permitted Upside: Skip years of municipal zoning delays with a fully pre-approved development blueprint for 440 additional storage units across 7 dedicated expansion pads.
  • Prime Highway & Airport Location: Features over 400 feet of high-visibility frontage on a 6,266 AADT highway corridor, positioned directly across from the Pellston Regional Airport on 5+ acres.
  • Built-In Customer Acquisition: The fully operational U-Haul pick-up/drop-off hub serves as an active lead generator, continuously driving local move-in traffic directly to the self-storage facility.
  • Residential & Commercial Leases: The adjacent parcel provides an immediate $23,400 in annual gross revenue ($1,950/mo) from two residential rentals, alongside a commercial pole building (equipped with offices and kitchen fixtures) leased to a long-term commercial tenant.
  • Turnkey Due Diligence: Complete financial records, engineered facility layouts, and expansion plans are fully prepared for immediate investor review.

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,750,000
Asking Price

Investment Sales Broker

Sue Louiselle
Schmidt Realtors

Market Insights