Self Storage

Herman, MN Self Storage Facilities for Sale

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Self-Storage Facility with 33 Units
Updated: Jun 1
Self-Storage Facility with 33 Units

210 FIFTH ST E, Herman, MN 56248

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4,500 sqft
33‑unit mini storage facility in Herman, Minnesota
4,500 SF storage property built in 2002
Near‑full occupancy reported, with no paid advertising
Designed to operate with existing management suited for remote ownership
Seller financing may be available to provide flexible purchase terms
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herman, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Storage Units
Mixed-Use Property with Storage Units

107 State Street NW, Evansville, MN 56326

$165,000
0.11 AC lot

Includes a residential apartment and separately rented storage units.

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Self-Storage Facility With Apartment
Self-Storage Facility With Apartment

107 State Street Nw, Evansville, MN 56326

$165,000

Five storage units and a one-bedroom, two-bath apartment create a mixed rental configuration.

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Self-Storage Garage Unit
Self-Storage Garage Unit

Unit #13 Bedman NW Drive, Alexandria, MN 56308

$75,000
198,633 sqft

Planned garage unit with concrete flooring, electrical service, and an optional insulated door.

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Self-Storage Facility with Concrete Floors
Self-Storage Facility with Concrete Floors

Unit #10 Bedman NW Drive, Alexandria, MN 56308

$113,500
198,633 sqft

Garage includes concrete flooring, 100 Amp electrical service, and a three-foot service door for storage use.

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Herman, MN Self Storage Facilities Market Trends and Statistics

Explore 1 self storage facilities for sale in Herman, MN on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale.

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Demographics Overview

Population 760
Population Growth (5Y) -5.5%
Median Household Income $82,031
College Educated 27.4%

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $4.23 per SF
Tax Rate vs County Average 0.22 pp below county avg
Average Loan-to-Value 65.0%

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