$699,000

32194 County Highway 14, Richville, MN 56576

  • 672 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon3.48acre lot
  • Property Parking Icon 9 car garage
  • Property Price Per Square Feet Icon $1,040/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Looking for an investment opportunity in the heart of the Otter Tail Lakes Country? Look no further than this commercial or residential investment opportunity in rural Richville! Located a short distance from Otter Tail, Walker, Dead, and Pickerel Lakes, this 3.48 acre property boasts nine 20 x 40 individual storage units with 12 x 12 overhead doors and 36" service door (each with its own power outlet, garage door opener, and interior lights), four seasonal camper pad sites, and a combination office / garage space, a perfect spot to operate your business, build a home, or to gain additional rental income. This parcel was thoughtfully designed to allow for construction of additional storage units or a residential home within the center of this property, allowing for additional growth. Highlights include fiber internet, heated/cooled shop and office space with a half bathroom, deep well and septic system serving the office and camping sites, with each pad site also featuring electricity, high speed wireless internet, picnic table, fire pit, and an individual storage shed. The property also features a fully integrated irrigation system. This turnkey investment opportunity is projected to provide a NOI of $51,000 for 2025, providing a rare lakes area investment opportunity for you to consider!

Listing Status:
Active
Listing Office:
Andrew Yaggie Real Estate : 218-332-0700
MLS ID:
6675679
  • A/C: Ductless Mini-SplitHeat Pump
  • Heating: BaseboardHeat Pump

This listing courtesy of Andrew Yaggie Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Battle Lake Elementary School

402 W Summit St, Battle Lake, MN, 56515

Grades KG-6

10.17 miles away

B

Battle Lake Secondary School

402 W Summit St, Battle Lake, MN, 56515

Grades 7-12

10.17 miles away

B

Battle Lake Secondary School

402 W Summit St, Battle Lake, MN, 56515

Grades 7-12

10.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.