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Self-Storage Facility

AUCTION - Secure Self Storage

645 N Al Moses Rd, Lake City, MI 49651

Starting Bid: $400,000

Number of Units
1
Occupancy
62.0%
Gross SF
28,352
Rentable SF
28,352
Price/Rentable SF
$14.11
Year Built
2013
Auction Type
Reserve
Auction Start Date
Jun 9, 2025
Auction End Date
Jun 11, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace:https://rimarketplace.com/auction/2503

Marcus & Millichap, in conjunction with RealINSIGHT Marketplace, is pleased to exclusively offer for auction Secure Self-Storage located in Lake City, Michigan. This strategically positioned facility sits on 9.4 acres and consists of 130 drive-up units and 10 dedicated RV spaces, totaling 27,932 net rentable square feet. The most recent phase of development, comprising 18,000 NRSF, was completed in late 2023.

Secure Self-Storage is located in a high-demand, underserved market with extremely low self-storage saturation levels across multiple radii. The current ownership has prepared development plans to expand the property by an additional 60,000 NRSF, capitalizing on the market’s unmet storage demand.

With minimal competition and no new self-storage development activity in the surrounding 10-mile radius, this offering presents a rare opportunity to acquire a facility with proven demand, expansion potential, and long-term upside.

Investment Highlights

  • AUCTION - June 9-11, 2025 | Starting Bid: $400,000
  • 27,932 Net Rentable Square Feet
  • 130 Drive-Up Storage Units and 10 RV Spaces
  • Built in Phases, with 18,000 NRSF Constructed at the End of 2023
  • Sits on a 9.4-Acre Parcel with Expansion Plans for an Additional 60,000 NRSF
  • No Known New Developments or Permit Filings Within a 10-Mile Radius

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Self-Storage Facility

AUCTION - Secure Self Storage

Starting Bid: $400,000

Number of Units
1
Occupancy
62.0%
Gross SF
28,352
Rentable SF
28,352
Price/Rentable SF
$14.11
Year Built
2013
Auction Type
Reserve
Auction Start Date
Jun 9, 2025
Auction End Date
Jun 11, 2025

Investment Highlights

  • AUCTION - June 9-11, 2025 | Starting Bid: $400,000
  • 27,932 Net Rentable Square Feet
  • 130 Drive-Up Storage Units and 10 RV Spaces
  • Built in Phases, with 18,000 NRSF Constructed at the End of 2023
  • Sits on a 9.4-Acre Parcel with Expansion Plans for an Additional 60,000 NRSF
  • No Known New Developments or Permit Filings Within a 10-Mile Radius

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace:https://rimarketplace.com/auction/2503 Marcus & Millichap, in conjunction with RealINSIGHT Marketplace, is pleased to exclusively offer for auction Secure Self-Storage located in Lake City, Michigan. This strategically positioned facility sits on 9.4 acres and consists of 130 drive-up units and 10 dedicated RV spaces, totaling 27,932 net rentable square feet. The most recent phase of development, comprising 18,000 NRSF, was completed in late 2023. Secure Self-Storage is located in a high-demand, underserved market with extremely low self-storage saturation levels across multiple radii. The current ownership has prepared development plans to expand the property by an additional 60,000 NRSF, capitalizing on the market’s unmet storage demand. With minimal competition and no new self-storage development activity in the surrounding 10-mile radius, this offering presents a rare opportunity to acquire a facility with proven demand, expansion potential, and long-term upside.

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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