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$ 550,000
Est. payment | /mo
1.2 Acres Lot
$ 550,000
Est. payment | /mo
1.2 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6736908
Year Built 2014
Annual Tax Amount $12,392
Tax Year 2024
Contingent None
Lot Size 1.200 Acres
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
Interior
Heating None
Inclusions Building, Business, Land
Fireplace No
Exterior
Parking Features Gravel, Multiple Garages
Garage Spaces 44.0
Utilities Available Electric Common
Present Use Storage Facility
Building
Story One
Foundation 10000
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories One
Structure Type Metal Siding
Schools
School District Tracy Area
Listed by Tara Onken • Edina Realty, Inc.
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Andrew Beitler, MBA
Agent | License ID: 40658950