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Waite Park Self-Storage Facility

3055 3rd Street S, Waite Park, MN 56387

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For Sale

$350,000

Commercial - Waite Park, MN

Property size:

6,900 SF

Lot size:

0.46 Acres

Price / SF:

$50/SF

HighLights

Strong Value‑Add Profile: Significant upside potential through rent adjustments.
High Occupancy & Consistent Income: Currently 80.6% occupied, providing stable rental income.
Recent Capital Improvements: $10,250 spent on fence repairs and gate loop replacement, plus a control box upgrade in 2025.
Flexible Unit Configuration: Two 10x50 units with moveable interior walls offer the opportunity to create additional units.
Secure & Modern Facility: Built in 2002 with steel construction, roll‑up doors, concrete floors, fully fenced with an electronic gate system.
Streamlined Operations: Low‑overhead, owner‑operated model with all tenants paying via credit card.

We can help!

Listing Contact

Jadde Rowe-Laudenbach

For Sale

$350,000

Commercial - Waite Park, MN

Property size:

6,900 SF

Lot size:

0.46 Acres

Price / SF:

$50/SF

Added:: Apr 30, 2026
Days on Market:: 46
Last Refresh:: Jun 14 at 11:06 pm

Property Features for 3055 3rd Street S

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Business/Commercial,Industrial
Parking features: Driveway, Secured
Exterior features: Metal
Standard status: Active
APN: 98608240114
Size: 6,900 SF
Lot size: 0.46 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 9758

Utilities

Heating system: None (Heating)

Building Details

Year built: 2002
Architectural style: Other

We can help!

Listing Contact

Jadde Rowe-Laudenbach

Listing agent Jadde Rowe-Laudenbach

Listing office RE/MAX Results 11200 W 78th Street, Eden Prairie, MN

Listing date Apr 30, 2026

MLS# 7048002 Listing URL

HighLights

Strong Value‑Add Profile: Significant upside potential through rent adjustments.
High Occupancy & Consistent Income: Currently 80.6% occupied, providing stable rental income.
Recent Capital Improvements: $10,250 spent on fence repairs and gate loop replacement, plus a control box upgrade in 2025.
Flexible Unit Configuration: Two 10x50 units with moveable interior walls offer the opportunity to create additional units.
Secure & Modern Facility: Built in 2002 with steel construction, roll‑up doors, concrete floors, fully fenced with an electronic gate system.
Streamlined Operations: Low‑overhead, owner‑operated model with all tenants paying via credit card.

Overview

Located in Waite Park, Minnesota, this self-storage facility presents an investment opportunity in the St. Cloud metro area. Constructed in 2002, the property includes 32 units on 0.46 acres, offering 6,900 rentable square feet. The unit mix comprises 10 (10x10), 6 (10x20), 8 (10x25), 6 (10x30), and 2 (10x50) units, designed to accommodate diverse tenant storage needs. Each unit features roll-up doors, steel construction, and concrete floors. The property is fully fenced and equipped with an electronic gate system, with the control box scheduled for an upgrade in 2025. Recent capital improvements include fence repairs and gate loop replacement, totaling $10,250. Currently, the facility is 80.6% occupied, generating consistent rental income. There is potential for increased revenue through rent adjustments, as several unit sizes are priced below local market rates. Two 10x50 units have moveable interior walls already on-site and can be split into smaller units, adding additional revenue and units. A property tax reassessment is in progress with potential savings. The facility operates on a low-overhead, owner-operated model, with all tenants paying via credit card. This property is suited for a self-managing investor seeking cash flow and upside in a growing central Minnesota market.

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Location Insight

Map
Local Demand

City: Waite Park
County: Stearns
State: Minnesota
Longitude: -94.258476
Latitude: 45.54873

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For sale
Self storage facilities
MN
Waite Park
56387
3055 3rd Street S

What type of property is this?

Self storage facility - Self-storage facility with 32 units on 0.46 acres.

Where is this self storage facility located?

The property is located at 3055 3rd Street S Waite Park, MN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Strong Value‑Add Profile: Significant upside potential through rent adjustments.; High Occupancy & Consistent Income: Currently 80.6% occupied, providing stable rental income.; Recent Capital Improvements: $10,250 spent on fence repairs and gate loop replacement, plus a control box upgrade in 2025.

3055 3rd Street S, Waite Park, MN 56387

Commercial - Waite Park, MN

Property Features for 3055 3rd Street S

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Single-Level Office Suite

Established Lawn Care Business Opportunity

Waite Park Office Suites Available

High-Traffic Gas Station Property

Former Gas Station with Carwash

Waite Park Investment Opportunity

Cold Storage Facility For Sale

Waite Park Office Suites

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