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Mixed-Use Property with Storage
For Sale
$165,000

107 State Street NW, Evansville, MN 56326

Commercial Sale, Evansville, MN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market52

Property Features for 107 State Street NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Bedrooms 1
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2
Appliances Dryer, Range, Refrigerator, Washer
Subdivision Original Evansville
High school district Brandon-Evansville
Directions From Co Rd 82, turn north onto Railroad St. Then turn left onto State St. The property is on the left.
Standard status Active
APN 720203000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2452

Utilities

Cooling system Ductless

Building Details

Year built 2004
Listing Agency: eXp Realty
Listed By: Roger Hahn
Added: Aug 25 Changed: Oct 8 Last Checked: Oct 15 at 9:06AM
MLS# 7134284

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2004, this mixed-use property combines an approximately 800-square-foot apartment with five individual storage units. The apartment has one bedroom and two bathrooms, along with a range, refrigerator, washer, dryer, and ductless cooling. The property occupies a 0.11-acre lot.

All six rental units are currently occupied, providing apartment and storage income from one property.

Key Highlights

  • Five individual storage units and a one‑bedroom, two‑bath apartment
  • All six units are currently rented
  • Apartment measures approximately 800 square feet

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A one-bedroom, two-bath apartment is combined with five storage units, with all units currently rented.
Where is this mixed-use property 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 and a one‑bedroom, two‑bath apartment; All six units are currently rented; Apartment measures approximately 800 square feet
More about this property
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