REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 240,000
Est. payment | /mo
6,185 Sqft Lot
$ 240,000
Est. payment | /mo
6,185 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision City/Ghent
MLS Listing ID 7164210
Year Built 2016
Annual Tax Amount $4,146
Tax Year 2026
Contingent None
Lot Size 6,185 Sqft
Lot Dimensions 165X75
Property Description
**Investment opportunity in Ghent, MN!** Built in 2016, this established self-storage facility offers 22 rental units across two buildings totaling approximately 4,475 square feet. Situated on a 165' x 75' lot, the property features a variety of unit sizes to accommodate different storage needs. Currently, 21 of the 22 units are occupied, generating $1,685 in monthly rental income, with the opportunity for additional revenue through the remaining vacant unit. All units are rented on a month-to-month basis, and rental rates have not been increased in several years, offering potential for future income growth. With no electricity to the buildings, minimal operating expenses, and an established rental history, this property presents an excellent opportunity for an investor looking to add an income-producing property to their portfolio!
Location
State MN
County Lyon
Zoning Business/Commercial
Interior
Heating None
Inclusions Building, Business, Land
Fireplace No
Exterior
Parking Features None
Garage Spaces 22.0
Utilities Available None Available
Present Use Storage Facility
Building
Story One
Foundation 4475
Sewer None
Water None
Level or Stories One
New Construction false
Schools
School District Marshall
Listed by Taylor Onken • Edina Realty, Inc.
Nearby Locations
GET MORE INFORMATION
Matt Wright