32194 County Highway 14, Richville, MN 56576 - MLS#6675679

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$699,000

Est. payment - /mo

3.48 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6675679

Year Built 2023

Annual Tax Amount $340

Tax Year 2024

Contingent None

Lot Size 3.480 Acres

Acres 3.48

Lot Dimensions 462x330

Property Sub-Type Office

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

Zoning Business/Commercial

Interior

Heating Baseboard, Heat Pump

Cooling Ductless Mini-Split, Heat Pump

Inclusions Building

Fireplace No

Exterior

Parking Features Attached Garage, Asphalt, 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

Present Use Office,Storage Facility

Building

Lot Description Some Trees

Foundation 672

Sewer Private Sewer, Septic System Compliant - Yes, Shared Septic

Water Private, Shared System, Well

Structure Type Steel Siding,Vinyl Siding

Schools

School District Battle Lake

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Listed by Andrew Yaggie • Andrew Yaggie Real Estate

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