Building Details

Year Built 2022

Listing Agency: Re/Max Results

Listed By: Daniel Groteboer Show Phone

Source: C21atwood

Added: Sep 20 Changed: Oct 4 Last Checked: Oct 4 at 2:10PM

Report an Issue

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 Re/Max Results

Investment Insights

Based on property information with market context.

This self-storage property was built in 2022. Each unit offers the possibility of adding a bath and loft, providing flexibility in how the space is configured.

The property is located at 273 Penny Lane NE in Rochester, Minnesota.

Key Highlights

• Constructed in 2022
• Each storage unit can accommodate a future bath and loft
• Located at 273 Penny Lane NE in Rochester, Minnesota

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Hair Salon Big Box & Wholesale Store Building Supply

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

3

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self storage facilities located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Modern Warehouse With Drive-In Doors

918 Pendant Ln NW, Rochester, MN 55901

$3,500,000

20,800 SF

View details

Northwest Gateway Office Investment

975 34th Ave NW, Unit 3 & 4, Rochester, MN 55901

$3,200,000

View details

Single-Story Brick Office Building

7540 SW Airport View Dr SW, Rochester, MN 55902

$5,300,000

22,320 SF

View details

Freestanding Auto Service Building

5503 Villa Rd NW, Rochester, MN 55901

$2,958,000

1,716 SF

View details

Flex Space with Highway Visibility

1820 14th St NW, Rochester, MN 55901

$5,995,000

View details

Cascade Creek Apartment Building

421 6th Ave NW, Rochester, MN 55901

$6,500,000

View details

Mixed-Use Building with Gathering Halls

2002 2nd St SW, Rochester, MN 55902

$1,950,000

24,498 SF

View details

Remodeled BP Gas Station & Convenience

3610 E River Rd NE, Rochester, MN 55906

$1,765,517

2,457 SF

View details

Open-Concept Retail Warehouse Opportunity

407 2nd Ave Nw, Rochester, MN 55902

$1,295,000

View details

Connected Top-Floor Office Units

300 3rd Avenue SE, Rochester, MN 55904

$1,160,000

0.43 Acres

View details

Downtown Skyway-Connected Office Suite

220 Broadway Ave S, Rochester, MN 55904

$1,000,000

View details

Martial Arts Fitness Center Building

2849 Broadway Ave S, Rochester, MN 55904

$825,000

6,000 SF

View details

Frequently Asked Questions

What type of property is this?

Self storage facility - Built in 2022, the property offers storage units with the option to add a bath and loft to each.

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: Constructed in 2022; Each storage unit can accommodate a future bath and loft; Located at 273 Penny Lane NE in Rochester, Minnesota