About This Home

This 0-bedroom, 0-bathroom commercial at 387 E South Street in Hesperia, MI is listed for $294,900 ($39 per sqft). Built in 2002, the home offers 7,600 sqft of living space on a 0.63 acres lot.

Key Features

  • Built in 2002
  • 0.63 acre lot

Property Details

1 story
2002
Listing 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) 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 the rental pool.

Whether you're an experienced investor looking to expand your portfolio or searching for a straightforward entry into commercial real estate, this is an opportunity to own an established, income-producing storage facility with demand already in place. Skip the complexity. Own the space. Collect the rent.

Monthly Cost Estimate

$1,577/mo

20% down · 6.5% · 30 years

Principal$213
Interest$1,278
Insurance$86

Estimates only. Actual payments may vary.

Location

387 E South Street

Hesperia, MI 49421

Property Details

Construction

Vinyl Siding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 387 E South Street is listed at $294,900 ($39/sqft). The estimated monthly payment is $1,577 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2002, 0.63 acre lot.

This property is listed by Tammy Jo Budzynski.

TB

Tammy Jo Budzynski

Agent at Grand Rapids North Market Center, LLC

Listed by Grand Rapids North Market Center, LLC · Broker phone: (616) 447-9100 · Broker website

MLS# 26049631· Source: Michigan Regional Information Center, LLC.· 42 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

387 E South Street, Hesperia, MI 49421

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