1119 12Th St Glencoe, MN 55336
This exceptional commercial property at 1119 12th Street Unit 2, Glencoe, MN, presents a unique investment opportunity. The building offers multiple climate-controlled storage units, ideal for a variety of uses. Unit sizes start at a minimum of 1,054 square feet, with two units (#2 and #3) already finished and ready for immediate occupancy. The remaining units are available for customization, with various finishing options detailed in supplemental materials. High, 10-12 foot doors are a key feature, with one unit boasting a 14-foot door, providing ample access for larger vehicles and equipment. The property is situated on a 0-acre lot. The asking price is $137,500. A low monthly association fee of $50 covers comprehensive insurance (liability and building exterior), ensuring peace of mind for the owner. This fee also includes ongoing exterior building and grounds maintenance, minimizing future expenses. This is a must-see property for investors seeking a low-maintenance, high-return investment in a convenient Glencoe location. The total square footage of the unit listed is 1,176 square feet. The property's excellent features and low operating costs make it an attractive proposition for discerning buyers. Don't miss this chance to acquire a valuable asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.