1143 12Th St Glencoe, MN 55336
This exceptional investment opportunity presents a 1,360 square foot commercial property located at 1143 12th Street Unit 8, Glencoe, MN. The property boasts thirteen climate-controlled storage units, ideal for a variety of uses. Ten to twelve-foot-high roll-up doors provide easy access, with one unit featuring a fourteen-foot-high door. 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, providing ample storage capacity. 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 operational costs for the owner. This low-maintenance investment is poised for strong returns, given the high demand for climate-controlled storage in the area. Professional photographs and a video tour will be available on April 22nd, providing a comprehensive view of this attractive property. Don't miss this chance to acquire a profitable and well-maintained storage facility in a thriving Minnesota community. The asking price is $104,000.
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.