Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Saint Michael MLS# 6786822

My notes for this property


Add listing to my favorites (required)
Active NEW!
$2,700,000
/mo Edit
Commercial:  1 Story
Built 2014
1.61 acres
St. Michael-Albertville schools
MLS# 6786822
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Excellent investment opportunity in the high-demand northwest metro! This St. Michael mini storage facility features 5 well-maintained buildings with 144 rental units, situated on 1.6 acres directly abutting Hwy 241, providing outstanding visibility and access. With an average 95% occupancy, this property offers strong & consistent income. The unit mix includes 15 (5x10x8), 49 (10x10x8), 49 (10x15x8), and 31 (10x25x8) units, meeting a wide variety of customer needs. Three buildings were constructed in 2014 and two in 2018, ensuring modern, low-maintenance infrastructure. St. Michael's growing community, located between Mpls and St.Cloud benefits from steady population growth, strong household incomes and easy access to I-94-driving demand for storage solutions. In addition to rental income, the facility partners with U-Haul, creating an additional revenue stream and value add for customers. This is a rare opportunity to acquire a stabilized, income-producing property in a thriving corridor of the Twin Cities metro.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $2,700,000
    Property Type: Commercial
    City: Saint Michael
    Garage Spaces: 129
    County: Wright
    Year Built: 2014
    State: MN
    Property Style: 1 Story
    Zip Code: 55376
    Subdivision Name: Superior Storage

    Interior

    Ceiling Height: 8-10
    Appliances Included: Electric Water Heater
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 129
    Garage Size: 20,750 ft2
    Other Parking Spaces: 5
    Foundation Size: 20,750 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    Exterior Material:
    • Brick Veneer
    • Metal Siding
    • Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 1.61
    Geolocation: 45.210101, -93.645395
    Inclusions: Building, Business Assets, Business, Land
    Lot Dimensions: 188 x 466 x 112 x 470
    Zoning: Business/Commercial

    Schools

    School District: 885
    District Phone: 763-497-3180

    Expenses

    Annual Gross Expense: $17,000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $43,522
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $43,522

    Income

    Annual Gross Income: $234,696

    Units

    Total Units: 144

    Miscellaneous

    Current Use: Storage Facility
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.