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    2 St Kenneth, MN 56147

    Sponsored
    For Sale
    Contact for pricing

    Affordable Storage, Two Sections, Electricity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a versatile industrial property ideally suited for storage needs. Located at 0 2nd St, Kenneth, MN, this compact yet functional building sits on a 0.03-acre lot. The structure boasts durable steel siding and a solid cement floor, ensuring longevity and ease of maintenance. Internally, the space is intelligently divided into two distinct areas, offering flexibility for various storage configurations or potential for separate uses. A significant advantage is the availability of electricity on-site, eliminating the need for costly upgrades and providing convenience for tenants or owners requiring power for lighting, equipment, or other operational needs. Priced affordably at $29,900, this property represents a strong return on investment for those seeking a low-maintenance, readily usable storage solution or a potential expansion of an existing business. The compact size and strategic location make it an attractive option for entrepreneurs, small businesses, or individuals seeking secure and accessible storage space. The property's straightforward design and functional layout minimize operational complexities, making it an ideal choice for those prioritizing efficiency and practicality. Given its competitive price point and desirable features, this property is expected to attract significant interest. Serious inquiries are encouraged to act promptly.

    Property Features for 2 St

    General Information

    Property type
    Industrial properties
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1894
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Kenneth
    County
    Other (Out of Jurisdiction)
    State
    Minnesota
    Longitude
    -96.061
    Latitude
    43.7525

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Industrial property - Affordable Storage, Two Sections, Electricity
    Where is this industrial property located?
    The property is located at 2 St Kenneth, MN.
    What is the asking price?
    The asking price for this property is $29,900.
    (507) 283-4216
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    2 St Kenneth, MN 56147
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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
    2 St Kenneth, MN 56147
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