Building Details

Building Size 2,880 SF

Year Built 2022

Stories 1

Units 14

Tenancy Multi

Listing Agency: Reed Realty b***@reedrealtymn.com Show Phone

Listed By: Brandie Erickson Show Phone

Source: Ivyrealestategroup

Added: Jun 29 Changed: Aug 23 Last Checked: Aug 23 at 5:19AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reed Realty

Investment Insights

Based on property information with market context.

This self storage facility is a newer structure built in 2022 and includes 11 large units and 3 small units. The units are all unheated. The property is currently at full occupancy, with leases described as 6–12 months in length.

The facility provides 150' of frontage on State Highway 11, supporting visibility and straightforward customer access from the main roadway.

With a total layout described as 120' by 24', the building offers a mix of storage sizes designed to serve both larger and smaller storage needs.

Key Highlights

• Storage facility built in 2022: 120' x 24' (all unheated)
• 11 large storage units plus 3 small storage units
• Currently fully occupied with 6–12 month leases

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

195

Businesses Nearby

Explore this area Business Placement

Demographics for 56623, MN

2,640

Population

2,074

Households

1.3

Avg Household Size

50

Median Age

25%

College-Educated

97%

High-School Grad

446.5 sq mi

ZIP Area

6

Density / Sq Mi

$74,000

Median Household Income

$50,000

Median Earnings

$858

Median Rent

$227,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Newer, unheated storage facility built in 2022 with 11 large and 3 small units and 150' of State Highway 11 frontage.

Where is this self storage facility located?

The property is located at 105 5th Avenue SE Baudette, MN.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: Storage facility built in 2022: 120' x 24' (all unheated); 11 large storage units plus 3 small storage units; Currently fully occupied with 6–12 month leases