Listing Details:

  • Business Category:     Real Property Rltd
  • Price:                                      $442,000 (Includes Real Estate)
  • Gross Revenue:              $32,340
  • Location:                       Kasson, MN
  • Employees:                   0     
  • Reason for Selling:      Other 

 

Business Description

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.

Opportunity for Growth:

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.

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.

 

Facilities

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 200sqft and 6 smaller units that are approximately 63sqft.

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minnesota@tworld.com

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+(888) 290-5232

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