Property summary
This exceptional commercial condominium offering presents a rare opportunity to acquire a versatile and well-appointed storage unit in a highly desirable location. Situated just three miles south of Perham, MN, at the strategic intersection of MN Highway 78 and State Highway 108, this property boasts unparalleled accessibility and visibility. Each unit encompasses a generous 1,742 square feet, featuring 14-foot high overhead doors for easy access to even the largest equipment or inventory. A commercial-grade Warner overhead door opener ensures smooth and reliable operation. Security and convenience are enhanced by a steel walk-in entrance door, along with a readily available 110-amp breaker box and a functional light fixture within each unit. Beyond the individual unit's features, this property offers significant shared amenities. A shared common area includes a practical kitchen, a comfortable meeting area, and a convenient 3/4 bathroom. Adding to the year-round usability, the common area is climate-controlled with heating. The property sits on a sizable 2.3-acre lot, providing ample space and potential for future expansion or additional development. This is an ideal investment for businesses seeking secure, spacious, and well-equipped storage solutions in a prime commercial location. The asking price is $84,900. Don't miss this chance to own a piece of this thriving commercial corridor.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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