1147 12Th St Glencoe, MN 55336

Property Details for 1147 12Th St

Year built

2024

Property size

1,360 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents thirteen climate-controlled storage units totaling 1,360 square feet, located at 1147 12th Street Unit 9, Glencoe, MN. The property boasts ten to twelve-foot-high roll-up doors on most units, with one unit featuring a fourteen-foot-high door, providing ample access for various storage needs. Two units are currently finished to a high standard, while the remaining units offer a blank canvas for customization, with various finishing options available. Each unit offers a minimum of 1054 square feet of usable space. The property is managed under an association, with a monthly fee of $50 covering comprehensive insurance, exterior building maintenance, and groundskeeping. This ensures minimal ongoing expenses for the owner. This low-maintenance investment is ideal for a passive income stream. High-quality professional photographs and a virtual tour will be available on April 22nd, showcasing the property's excellent condition and potential. This is a must-see property for any investor seeking a strong return on investment in a thriving market. The property is priced competitively at $107,500, reflecting its excellent condition and potential for immediate rental income. Don't miss this chance to acquire a well-maintained, income-generating storage facility in a desirable location.

Location Insight

City

Glencoe

County

McLeod

State

Minnesota

Longitude

-94.147

Latitude

44.7712