Building Details

Year Built 2016

Buildings 2

Listing Agency: Lpt Realty, LLC

Listed By: The Antonov Group Show Phone

Source: Theantonovgroup

Added: Nov 1 Changed: Nov 5 Last Checked: Nov 4 at 1:48PM

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Investment Insights

Based on property information with market context.

Built in 2016, this self-storage property comprises 22 rental units in two buildings with approximately 4,475 square feet combined. Unit sizes vary, and 21 of the 22 spaces are occupied. The buildings have no electricity, and all rentals are month-to-month.

The property occupies a 165' x 75' lot at 249 E Barber Street in Ghent, Minnesota.

Key Highlights

• 22 rental units across two buildings
• Approximately 4,475 square feet combined
• 21 of 22 units occupied

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Storage Facility Hair Salon Nail Salon Big Box & Wholesale Store Gym & Fitness Center Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

24

Businesses Nearby

Explore this area Business Placement

Demographics for 56239, MN

553

Population

242

Households

2.3

Avg Household Size

38

Median Age

28%

College-Educated

94%

High-School Grad

26.1 sq mi

ZIP Area

21

Density / Sq Mi

$92,857

Median Household Income

$44,464

Median Earnings

$936

Median Rent

$179,900

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

Frequently Asked Questions

What type of property is this?

Self storage facility - Two buildings offer varied unit sizes, with rentals structured on a month-to-month basis.

Where is this self storage facility located?

The property is located at 249 E Barber Street Ghent, MN.

What is the asking price?

The asking price for this property is $240,000.

What are key features of this property?

This property features: 22 rental units across two buildings; Approximately 4,475 square feet combined; 21 of 22 units occupied