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$478,000
Est. payment /mo
52,272 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 52,272 sqft
Price per Sqft $9
MLS Listing ID 6736908
Year Built 2014
Annual Tax Amount $12,392
Lot Size 10,000 Sqft
Acres 1.2
Lot Dimensions 427x476x358x261
Property Description
44-Unit Storage Site with Expansion Potential – Prime Area Location!
Opportunity is here with this well-situated 44-unit storage facility, offering income-producing space and growth potential! Two buildings - one is 150x40 and the other is 100x40 - well constructed with LOW maintenance materials. Located near Lake Shetek area with very limited competition, this is ideal rental location for boat owners, seasonal residents, or local businesses in need of extra storage for equipment, supplies, or inventory.
In addition to the existing units, the property features a generous laydown area perfect for outdoor storage or future development. Add more buildings or rental pods, creating strong upside potential. With multiple streams of income possible—from unit rentals to outdoor boat or trailer parking—this is a solid investment in a high-demand area.
Opportunity is here with this well-situated 44-unit storage facility, offering income-producing space and growth potential! Two buildings - one is 150x40 and the other is 100x40 - well constructed with LOW maintenance materials. Located near Lake Shetek area with very limited competition, this is ideal rental location for boat owners, seasonal residents, or local businesses in need of extra storage for equipment, supplies, or inventory.
In addition to the existing units, the property features a generous laydown area perfect for outdoor storage or future development. Add more buildings or rental pods, creating strong upside potential. With multiple streams of income possible—from unit rentals to outdoor boat or trailer parking—this is a solid investment in a high-demand area.
Location
State MN
County Lyon
Zoning Business/Commercial
Direction South on 4th Street - property on west side
Interior
Heating None
Flooring 52272.0
Exterior
Parking Features Multiple Garages
Garage Spaces 44.0
Utilities Available Electric Common
Accessibility No Stairs External, No Stairs Internal
Total Parking Spaces 44
Building
Foundation Slab
Water City Water - In Street
Others
Senior Community No
Tax ID 311820150
Read Less Info
Listed by Edina Realty, Inc.
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