New Storage Garages For
For Sale
$269,900
104 Spruce St, Paynesville, MN 56362
Brand New Storage Garage Owner Financing
Property Size4,000 SF
Lot Size0.00 Acres
Price / SF$67.48
Days on Market341
Property Features for 104 Spruce St
General Information
Standard status
Active
Property type
Self storage facilities, Industrial properties
Size
4,000 SF
Lot size
0.00 Acres
Sale Condition
Shell Condition
Investment Type
Owner User
Building Details
Year Built
2025
Buildings
6
Units
6
Listed By:
Brad Hagfors
(612) 801-8815
Added: Oct 30, 2025
Changed: Apr 29
Investment Insights
Based on property information with market context.
Six new vehicle storage garages are available for purchase. Each unit measures 40 feet in length and features 14-foot high doors. The property is equipped with 24-hour security cameras. Owner financing is available at 4.5% with a balloon payment. The units are currently vacant, presenting an opportunity for immediate occupancy or rental. The estimated monthly income is $1,500. Insulating and heating the units could potentially increase rental income.
Key Highlights
- The best way to maximize the profit would be to insulate and heat the units for higher rents
- That is why we are offering owner financing to help with the start up cost.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 56362, MN
5,825
Population
2,942
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
93%
High-School Grad
150.1 sq mi
ZIP Area
39
Density / Sq Mi
$81,536
Median Household Income
$46,750
Median Earnings
$888
Median Rent
$242,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Brand New Storage Garage Owner Financing
Where is this self storage facility located?
The property is located at 104 Spruce St Paynesville, MN.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: The best way to maximize the profit would be to insulate and heat the units for higher rents; That is why we are offering owner financing to help with the start up cost.
