Self-Storage Facility with Garage
For Sale
$3,995,000
273 Penny Lane NE, Rochester, MN 55906
Commercial Sale, Rochester, MN
Property SizeContact for details
Lot Size1.69 Acres
Days on Market11
Property Features for 273 Penny Lane NE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
Garage, Assigned, Open, Driveway
Subdivision
Roadhouse Motor Condos Cic #389
Lot features
Public Transit (w/in 6 blks), Irregular Lot
High school district
Rochester
Directions
37th St NE to East River Rd turn south on Penny Ln.
Standard status
Active
APN
742314087407
Lot size
1.69 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12767
Building Details
Year built
2022
Building materials
Frame
Listing Agency:
Re/Max Results · RE/MAX International
(507) 288-1111
Listed By:
Daniel Groteboer
(952) 829-2900
Added: Sep 25
Changed: Sep 30
Last Checked: Oct 5 at 11:06AM
MLS# 7152214
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 2022, this frame-construction self-storage property sits on 1.69 acres. Parking includes assigned spaces, a driveway, open parking, and garage parking. The remarks identify potential for future baths and lofts in each storage unit, offering flexibility in how the units are configured.
Key Highlights
- 1.69‑acre self‑storage property
- Constructed in 2022 with frame materials
- Parking includes assigned spaces, driveway, open parking, and garage parking
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 55906, MN
19,559
Population
8,798
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
61.5 sq mi
ZIP Area
318
Density / Sq Mi
$104,146
Median Household Income
$54,380
Median Earnings
$1,152
Median Rent
$350,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Frame construction and assigned, driveway, and open parking provide multiple vehicle-storage options.
Where is this self storage facility located?
The property is located at 273 Penny Lane NE Rochester, MN.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 1.69‑acre self‑storage property; Constructed in 2022 with frame materials; Parking includes assigned spaces, driveway, open parking, and garage parking
