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    OFF-MARKET
    Industrial properties

    2 St, Kenneth, MN 56147

    0.03 ac lot Built 1894
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a versatile industrial property ideally suited for storage needs. Located at 0 2nd St, Kenneth, MN, this compact yet functional building sits on a 0.03-acre lot. The structure boasts durable steel siding and a solid cement floor, ensuring longevity and ease of maintenance. Internally, the space is intelligently divided into two distinct areas, offering flexibility for various storage configurations or potential for separate uses. A significant advantage is the availability of electricity on-site, eliminating the need for costly upgrades and providing convenience for tenants or owners requiring power for lighting, equipment, or other operational needs. Priced affordably at $29,900, this property represents a strong return on investment for those seeking a low-maintenance, readily usable storage solution or a potential expansion of an existing business. The compact size and strategic location make it an attractive option for entrepreneurs, small businesses, or individuals seeking secure and accessible storage space. The property's straightforward design and functional layout minimize operational complexities, making it an ideal choice for those prioritizing efficiency and practicality. Given its competitive price point and desirable features, this property is expected to attract significant interest. Serious inquiries are encouraged to act promptly.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1894
    Lot 0.03 ac (1,307 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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