$2,495,000

4011 Maciver Avenue NE, Saint Michael, MN 55376

  • 20,750 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2014
  • Property Lot Size Icon1.61acre lot
  • Property Parking Icon 129 car garage
  • Property Price Per Square Feet Icon $120/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Excellent investment opportunity in the high-demand northwest metro! This St. Michael mini storage facility features 5 well-maintained buildings with 144 rental units, situated on 1.6 acres directly abutting Hwy 241, providing outstanding visibility and access. With an average 95% occupancy, this property offers strong & consistent income. The unit mix includes 15 (5x10x8), 49 (10x10x8), 49 (10x15x8), and 31 (10x25x8) units, meeting a wide variety of customer needs. Three buildings were constructed in 2014 and two in 2018, ensuring modern, low-maintenance infrastructure. St. Michael's growing community, located between Mpls and St.Cloud benefits from steady population growth, strong household incomes and easy access to I-94-driving demand for storage solutions. In addition to rental income, the facility partners with U-Haul, creating an additional revenue stream and value add for customers. This is a rare opportunity to acquire a stabilized, income-producing property in a thriving corridor of the Twin Cities metro.

Listing Status:
Active
Listing Office:
Edina Realty, Inc. : 218-828-7000
MLS ID:
6786822
  • Appliances: Electric Water Heater
  • Basement: None
  • Heating: Forced Air
  • Parking: AsphaltParking Lot
  • Roofing: Age Over 8 YearsAge 8 Years or LessAsphaltPitched
  • General: One
  • Originating MLS: northstar
  • School District: St. Michael-Albertville
  • County: Wright
  • Zoning: 114346001010
  • Current Use: Storage Facility
  • Utilities: Electric Common
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Edina Realty, Inc.

Monthly Payment

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

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Location

Schools Nearby

S

St. Michael Elementary School

101 Central Ave W, Saint Michael, MN, 55376

Grades 1-4

1.15 miles away

S

St. Michael-Albertville Middle School West

11343 50th St NE, Albertville, MN, 55301

Grades 5-8

1.16 miles away

S

Stma Online

60 Central Ave W, Saint Michael, MN, 55376

Grades 9-12

1.02 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.