387 E South Street, Hesperia, MI 49421 (MLS# 26049631)

387 E South Street, Hesperia, MI 49421

New Listing
$294,900
Property Type: Commercial Sale Square Footage: 7,600 Lot Size (sq. ft.): 27,443 Status: Active
Current Price: $294,900 List Date: 9/17/2026 Last Modified: 9/17/2026

Overview

Description

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)

Supplements: 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 ...

Listing Details MLS# 26049631

Location Property Info

County
Newaygo
Street #
387
Street Direction
E
Street Name
South
Suffix
Street
State
MI
Zip Code
49421

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.63
Lot Square Footage
27443
Lot Dimensions
102.93 x 220.19
Year Built
2002
Road Frontage
100
Total # Units
38
# Fin Bldg Lvls
Yes
# of Diff Unit Floor Plans
Yes
Total # Bldgs
Yes
Total SqFt
7600
Waterfront
No
School District
Hesperia

Tax Info

Tax ID #
09-30-300-022 *SUBJECT TO VILLAGE APPROVAL
For Tax Year
2025
Tax Year
2025
Spec Assessment & Type
None known
Zoning
Commercial/Resi

Remarks Misc

Directions
M-120 N/S Maple Island Rd to EAST on 1 Mile/E South to property located on the NORTH side of the street.

Additional Details

Grd Lvl OH Doors
38

More Information

Waterfront Options

Water Access Y/N
No

Unit 1

Unit Description
10 X 20 STORAGE UNIT
Identical Units
37
SqFt
200
Occupied
Yes
Rent $/Month
70

Property Features

Property Use: Business Uses: Storage Business Includes: Non-Applicable Construction Type: Frame/Wood Exterior Material: Vinyl Siding Roofing: Composition Below Grade: None Sewer: None; Public Sewer Water: Public Water; None Utilities Attached: Electricity Connected Util Avail at St: Electricity Available; Phone Available Heat Source: None Heat Type: None Driveway: Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey Sale Conditions: None Possession: Close Of Escrow
IDX
Listing Office: Keller Williams GR North
Listing Agent: Tammy Jo Budzynski
Source MLS Verified
Last Updated: September - 17 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.

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