Request More Information Contact the Seller
- RE: Storage Facility With Expansion In Growing Community
- Contact: Keith Becker
Quick Facts
Asking Price: | $442,000 | |
Annual Revenue: | $32,340 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $18,068 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 979068 | |
Broker Reference #: | 17441-601558 |
Business Overview:
This unique investment opportunity features a 27-space storage facility, including 3 large business spaces and 24 individual storage units. Situated in a rapidly growing community with limited storage facility options, this property offers significant potential for passive income.
**Key Features:**
Three larger spaces ideal for businesses or larger storage needs (two currently rented).
24 individual storage units for personal or small business use.
Second plot of open land provides an excellent opportunity for future expansion and increased revenue.
One tenant currently manages all yard and driveway maintenance, including snow removal, adding to the ease of ownership.
As-Is Sale:
The property is being sold as is, offering a straightforward investment with room to unlock its full potential.
Whether you're looking for a hands-off income stream or a property with expansion possibilities, this storage facility offers the perfect blend of immediate value and long-term opportunity.
The property has not been actively marketed, contributing to its low occupancy rate. This presents a fantastic chance to build occupancy and boost revenue through strategic marketing and tenant acquisition. The area's growing demand for storage solutions makes this a rare opportunity for savvy investors.
Gross site area is 1.2 acres with two buildings totaling approximately 7,800 rentable sqft. One houses three larger spaces for running a business out of or a larger storage unit with full size garage access. The second building houses 24 individual storage units, 18 of which are approximately 200 square feet and 6 smaller units that are approximately 63 square feet.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
estate saleAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information