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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Herman, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Finished Self Storage Warehouse
Finished Self Storage Warehouse

8-28603 State Highway 34, Detroit Lakes, MN 56501

$214,900
2,560 sqft

A 40-by-64 storage building with 14-foot side walls, insulation, liner panel, and a propane gas heater.

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Boat and Vehicle Storage Unit
Boat and Vehicle Storage Unit

25296 S Melissa Drive #14, Detroit Lakes, MN 56501

$109,000
1,600 sqft

To-be-built post-frame storage unit with a 12-by-14 overhead door, 14-foot sidewalls, and a 4-inch concrete floor.

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Class A Self-Storage and Development Land
Class A Self-Storage and Development Land

7887 State Highway 29 N, Carlos, MN 56319

$1,395,000
65.00 AC lot

Built 2020–2021 storage facility with fenced, gated access and adjacent development land along a high-visibility corridor.

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Self Storage Garage Unit
Self Storage Garage Unit

6421 Storage Lane NE #L-17, Carlos, MN 56319

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Garage unit includes electric access and a 16' x 10' overhead door, with shared association maintenance and bathroom facilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land with Highway Frontage
Waterfront Land with Highway Frontage

446th Ave, Waubay, SD 57273

$75,000
4.51 AC lot

Recreation-focused acreage with US Highway 12 frontage near Blue Dog Lake and nearby public fishing access points.

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Crosslake Land for Storage Development
Crosslake Land for Storage Development

L17 B1 TBD Sunup Trail, Crosslake, MN 56442

$80,000
0.46 AC lot

Land for storage development in Crosslake, Minnesota.

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Crosslake Lots and Land
Crosslake Lots and Land

L7 B2 TBD Sunup Trail, Crosslake, MN 56442

$80,000
0.46 AC lot

Crosslake storage development with paved road maintained by the City.

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Commercial Land Parcel with Highway Visibility
Commercial Land Parcel with Highway Visibility

TBD (Outlot B) Chatfield Commercial Park first addition - Outlot, Belle Plaine, MN 56011

$1,038,000
11.54 AC lot

11+ acre commercial land with strong Highway 169 visibility and multiple access options for future development in Belle Plaine.

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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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Self storage facilities 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Herman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56248 $289K

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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