48349 Luce St Perham, MN 56573
- Commercial real estate
- 1,728 SF
Current Use by Public Records
- Commercial real estate
Property Details for 48349 Luce St
- Year built
- 2024
- Property size
- 1,728 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents four distinct commercial storage buildings situated on Luce Street in Perham, Minnesota. Conveniently located off County Highway 60, these units offer easy access to US Highway 10, placing them within a short five-mile radius of Perham, Frazee, and Vergas. The buildings are constructed with durable steel exteriors and feature cement slabs with aprons. Each unit includes basic electrical service and a stick-built framework. Sizes range from 36x48 square feet to a substantial 48x80 square feet, catering to a variety of storage needs. The base price of $86,400 applies to the 36x48-foot building. Buyers have the flexibility to customize their units with a range of add-on options, including finished interior walls, various heating systems, and enhanced security features. This property is part of a common interest community, ensuring low association costs and streamlined management. The strategic location and adaptable design make this an ideal investment for entrepreneurs, businesses, or individuals seeking secure and accessible storage solutions. The property's proximity to major transportation routes ensures convenient access for clients and efficient logistics. This is a rare opportunity to acquire high-quality commercial storage space in a thriving area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Perham
- County
- Otter Tail
- State
- Minnesota
- Longitude
- -95.5659
- Latitude
- 46.6001
