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Richville,MN 56576
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6675679
Year Built 2023
Annual Tax Amount $340
Lot Size 672 Sqft
Property Description
Looking for an investment opportunity in the heart of the Otter Tail Lakes Country? Look no further than this commercial or residential investment opportunity in rural Richville! Located a short distance from Otter Tail, Walker, Dead, and Pickerel Lakes, this 3.48 acre property boasts nine 20 x 40 individual storage units with 12 x 12 overhead doors and 36" service door (each with its own power outlet, garage door opener, and interior lights), four seasonal camper pad sites, and a combination office / garage space, a perfect spot to operate your business, build a home, or to gain additional rental income. This parcel was thoughtfully designed to allow for construction of additional storage units or a residential home within the center of this property, allowing for additional growth. Highlights include fiber internet, heated/cooled shop and office space with a half bathroom, deep well and septic system serving the office and camping sites, with each pad site also featuring electricity, high speed wireless internet, picnic table, fire pit, and an individual storage shed. The property also features a fully integrated irrigation system. This turnkey investment opportunity is projected to provide a NOI of $51,000 for 2025, providing a rare lakes area investment opportunity for you to consider!
Location
State MN
County Otter Tail
Interior
Heating Baseboard,Heat Pump
Cooling Ductless,Heat Pump
Exterior
Parking Features Heated Garage,Insulated Garage,RV Access/Parking
Garage Spaces 9.0
Utilities Available Electric Common,Hot Water Common
Roof Type Age 8 Years or Less,Architectural Shingle,Metal
Building
Lot Description Tree Coverage - Light
Water Private,Shared System,Well
Structure Type Frame