# 387 E South Street, Hesperia, MI 49421

> **TL;DR:** commercial, $294,900 ($39/sqft), built 2002, 7,600 sqft. Est. $1,577/mo. Listed 46 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $294,900 |
| Price/sqft | $39 |
| Square Feet | 7,600 |
| Year Built | 2002 |
| Lot Size | 27,443 sqft (0.63 acres) |
| Stories | 1 |
| Property Type | Commercial (Retail) |
| Status | Active |
| Days on Market | 46 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,491 |
| Estimated Insurance | $86 |
| **Total** | **$1,577** |

## Property Highlights

- Built in 2002
- 0.63 acre lot

## Description

### Agent 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.

## Location

- **Address:** 387 E South Street, Hesperia, MI 49421
- **County:** Newaygo
- **Coordinates:** 43.568895, -86.032758
- **Google Maps:** https://www.google.com/maps?q=43.568895,-86.032758

## Listing Agent

- **Name:** Tammy Jo Budzynski
- **Brokerage:** Grand Rapids North Market Center, LLC
- **Broker Phone:** (616) 447-9100

## Photos

![387 E South Street - Photo 1](http://lh.rdcpix.com/be7619ab53ece0646d9677cf64da7e9dl-f81655097r.jpg)

![387 E South Street - Photo 2](http://lh.rdcpix.com/be7619ab53ece0646d9677cf64da7e9dl-f1510645981r.jpg)

![387 E South Street - Photo 3](http://lh.rdcpix.com/be7619ab53ece0646d9677cf64da7e9dl-f527509958r.jpg)

![387 E South Street - Photo 4](http://lh.rdcpix.com/be7619ab53ece0646d9677cf64da7e9dl-f1647974632r.jpg)

---

**MLS#:** 26049631 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/387-e-south-street-hesperia-mi-49421-445181e625834b9e8007df97ac0cde65)

---

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