505 Sheridan Avenue Munising, MI $ 245,000
505 Sheridan Avenue
$ 245,000
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505 Sheridan Avenue

Munising, MI, 49862
$ 245,000
Bedrooms-- Baths-- Sq 6,900

Monthly Estimate*

$ 1,547

505 Sheridan Avenue, Munising, MI 49862 - Image 1
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505 Sheridan Avenue, Munising, MI 49862 - Image 8
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505 Sheridan Avenue, Munising, MI 49862 - Image 10
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505 Sheridan Avenue, Munising, MI 49862 - Image 12
505 Sheridan Avenue, Munising, MI 49862 - Image 13
505 Sheridan Avenue, Munising, MI 49862 - Image 14
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Commercial Property for sale in Munising, MI

for $245,000. This 6,900 square foot building was built in 1989 on a lot size of 1.22.

INVESTMENT OPPORTUNITY in Munising! Take advantage of this established storage unit business with a strong history of high occupancy and excellent potential for continued growth. The property includes a 40x120 metal building with 24 storage units in a variety of sizes, including 10x13, 10x20, and 10x27. A second, newer 30x70 building, constructed in 2017, offers approximately 15–18 additional units ranging in size from 5x10 to 10x30, providing options to accommodate a variety of storage needs. Situated on an impressive 10 city lots in Munising, the property offers plenty of room for additional development or expansion of the existing storage operation. With established rental history, multiple unit sizes, and valuable space to grow, this is an exciting opportunity to step into an existing income-producing business while still having the potential to expand and increase future revenue.

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Commercial Active

Price

$ 245,000

Property Type

Commercial

Taxes

$ 7,300

Style

Business

Lot Size

1.22

Year Built

1989

Town/City

Munising

County/Region

Alger

MLS | Web ID

50222461

Features
General
Heating None
Cooling None
Zoning Light Industrial - I-1 Industrial
Water Not to Property (Water)
Status Active Active
Year Built 1989
Parking On Site
County Alger
Class COM/IND/BUS OPP
Type Business
Business Type Storage Units
Ownership LLC
Municipality Munising
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Electric Available
Area Munising (02012)
Primary City Munising
Directions M28 to Prospect St. turn right turn left on Sheridan Ave. property at the end of the street on the left.
City Munising
Financial Terms Cash Conventional
Legal Description Lots 5-14 Block 1 Bodette Addition City of Munising
DOM 10
Postal Code 49862
Price Per Sq Ft Total AG 35.51
Public Remarks
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Exterior
Exterior Frame Metal Steel
Frontage 0
Lot Size Area 1.22
Lot Dimensions 516x103
Water Features None
Roads City/County
Waterfront Y/N No
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* Excluded Features
List By
AMY SCHIEDING

Listing Agent

Re/Max Superiorland

Broker

amys@remax.net

Email

Affordability Calculator

$2,155
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,547
Monthly Property Taxes
$608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$245,000 Listed Price

Map


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505 Sheridan Avenue, Munising, MI, 49862 is a Commercial Property for sale at $245,000 with 6,900 sqft and a lot size of 1.22. 505 Sheridan Avenue was built in 1989. The property's zip code is 49862 which is in Munising, MI