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Self-Storage Facility With Apartment
New
For Sale
$165,000

107 State Street Nw, Evansville, MN 56326

Five storage units and a one-bedroom, two-bath apartment create a mixed rental configuration.

Property SizeContact for details
Days on Market7

Property Features for 107 State Street Nw

General Information

Standard status Active
Occupancy 100%

Units

Unit Mix 1 x 1BR/2BA
Multifamily Units 1

Additional Details

Self-Storage Units 5

Taxes and HOA fees

Annual Taxes $2,452

Building Details

Tenancy Multi
Listing Agency: eXp Realty
Listed By: Roger Hahn
Source: Exprealty
Added: Aug 27 Changed: Sep 1 Last Checked: Sep 1 at 8:02PM

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 eXp Realty

Investment Insights

Based on property information with market context.

Located at 107 State St NW in Evansville, this self-storage property includes five individual storage units and a one-bedroom, two-bath apartment. The apartment measures approximately 800 square feet and features modern finishes, providing a residential component alongside the storage spaces.

Built in 2004, the property was converted from a former bottle shop into its current combination of apartment and storage uses. All units are currently rented, creating an occupied property with income from both residential and storage components.

Key Highlights

  • Five individual storage units
  • One‑bedroom, two‑bath apartment
  • Apartment measures approximately 800 square feet

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher

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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 56326, MN

1,577
Population
946
Households
1.7
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
94.7 sq mi
ZIP Area
17
Density / Sq Mi
$81,765
Median Household Income
$41,141
Median Earnings
$634
Median Rent
$231,300
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 - Five storage units and a one-bedroom, two-bath apartment create a mixed rental configuration.
Where is this self storage facility located?
The property is located at 107 State Street Nw Evansville, MN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Five individual storage units; One‑bedroom, two‑bath apartment; Apartment measures approximately 800 square feet
More about this property
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