504 Main E St Saint Stephen, MN 56375-9609
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.