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    1119 12Th St Glencoe, MN 55336

    Sponsored
    For Sale
    $137,500

    Spacious Units, Excellent Investment

    Property size:
    1,176 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    344
    This exceptional commercial property at 1119 12th Street Unit 2, Glencoe, MN, presents a unique investment opportunity. The building offers multiple climate-controlled storage units, ideal for a variety of uses. Unit sizes start at a minimum of 1,054 square feet, with two units (#2 and #3) already finished and ready for immediate occupancy. The remaining units are available for customization, with various finishing options detailed in supplemental materials. High, 10-12 foot doors are a key feature, with one unit boasting a 14-foot door, providing ample access for larger vehicles and equipment. The property is situated on a 0-acre lot. The asking price is $137,500. A low monthly association fee of $50 covers comprehensive insurance (liability and building exterior), ensuring peace of mind for the owner. This fee also includes ongoing exterior building and grounds maintenance, minimizing future expenses. This is a must-see property for investors seeking a low-maintenance, high-return investment in a convenient Glencoe location. The total square footage of the unit listed is 1,176 square feet. The property's excellent features and low operating costs make it an attractive proposition for discerning buyers. Don't miss this chance to acquire a valuable asset in a thriving market.

    Property Features for 1119 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,176 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glencoe
    County
    McLeod
    State
    Minnesota
    Longitude
    -94.14734
    Latitude
    44.77117

    Nearby Comparable

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    Nearby Similar for Sale

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      1131 12Th St, Glencoe, MN 55336
      View Details
    • $94,500

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      Climate-controlled storage units with customizable options in Glencoe, Minnesota.
      1125 12Th St, Glencoe, MN 55336
      View Details
    • $104,000
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      13 Climate-Controlled Units, High Demand
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      Downtown Glencoe retail space, 8,000+ sq ft.
      716 10Th St, Glencoe, MN 55336
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      View Details
    • $93,500
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      Glencoe Storage Facility Investment

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      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious Units, Excellent Investment
    Where is this commercial real estate located?
    The property is located at 1119 12Th St Glencoe, MN.
    What is the asking price?
    The asking price for this property is $137,500.
    (952) 226-7700
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    1119 12Th St Glencoe, MN 55336
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    Glencoe, MN 55336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1119 12Th St Glencoe, MN 55336
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