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Property profile & analytics
OFF-MARKET
Commercial real estate

504 Main E St Saint Stephen, MN 56375-9609

1,200 SF 0.49 ac lot Built 2020
Entity Owned 7-yr Hold Free & Clear
Property ID
US46-1800414
Property summary
AI-generated overview

Prime commercial land investment opportunity in Saint Stephen, Minnesota, at 504 Main Street E, encompassing 0.49 acres. This property currently houses a self-storage facility with a poured concrete foundation and metal construction. The adaptable design allows for flexible unit configurations, currently featuring 21 units (18 measuring 5x10 feet and 3 measuring 10x10 feet). The existing structure offers the potential to expand capacity to up to 24 5x10-foot units, providing significant upside for future growth. Located on the south side of Main Street East, this property presents a unique opportunity for investors seeking to enter or expand their self-storage portfolio. The asking price is $124,900. The property's strategic location and flexible design make it an attractive investment with considerable potential for increased revenue and return on investment. The property is zoned for commercial use and is ready for immediate occupancy or further development. This is a rare opportunity to acquire a well-maintained, adaptable commercial property in a desirable location. The property's solid construction and flexible layout offer a strong foundation for long-term success.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2020
Construction WOOD
Total area 1,200 SF
Lot 0.49 ac (21,505 SF)
APN 90.55924.0003
UPID US46-1800414
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Divine Grace LLC · 7 yrs held
Divine Grace LLC
since 2019
1 recorded transaction
2019
$24,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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