USAMIFennvilleRaymonds Add353 W 1St St
353 W 1St St | Image 1

$1,250,000

Sold

5 months ago

353 W 1St St, Fennville, MI

House

MLS® 20261012297

Buyer represented by an agent of Realty Executives Home Towne

0 Bed

0 Bath

12780 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 12780 sqft
Garage 
Taxes $17,977
Lot Size 1.02 Acres
Approx. Age 2020
Avg. Price Per Sqft $97
MLS® Number 20261012297

Property Address: 353 W 1st St, Fennville, MI, 49408-8695

Average square foot calculated using Size range provided by listing agent.

Description

Stowaway Self Storage, a recently built (2020), professionally managed self-storage facility located in the heart of Fennville, Michigan. Situated on 1.39 acres, this well-maintained asset offers 12, 780 net rentable square feet across 137 non-climate-controlled units plus 1 outdoor parking space. Currently at 76% occupancy with ongoing lease-up, the property presents immediate upside potential through continued stabilization and rental optimization. The facility generated $134, 314 in gross revenue with a Net Operating Income (NOI) of $77, 482, offering investors a strong foundation with embedded growth. Designed for operational efficiency, the property features: Automated gated access 24/7 CCTV surveillance (REO Link) Fully secured perimeter Da Vinci lock system Professional management with in-house call center Cubby Storage management software Drive-up unit configuration for low maintenance operations The diverse unit mix includes 5x5, 5x10, 10x10, 10x20, 20x10, and 30x10 units, catering to residential, seasonal, and recreational storage needs. Strategically positioned near major highways, established residential neighborhoods, Lake Michigan, and the Saugatuck/Douglas tourism corridor, the property benefits from strong seasonal and residential demand drivers. Recreational corridors, wineries, agritourism, boating access, and nearby tourism destinations further support long-term storage demand and rent stability. With limited new development in the immediate market and strong local demand fundamentals, this modern, low-maintenance asset offers investors both stability and growth potential in an expanding West Michigan corridor.
MLS® Number20261012297
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2020
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Jul 1, 2026End Date
$1,175,000Sold Price

Sold

Feb 26, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
353 W 1St St, Fennville, MI

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