3966 39th AVE NE, Alexandria, MN 56308
3966 39th AVE NE, Alexandria, MN 56308
3966 39th AVE NE, Alexandria, MN 56308
3966 39th AVE NE, Alexandria, MN 56308
3966 39th AVE NE, Alexandria, MN 56308
3966 39th AVE NE, Alexandria, MN 56308
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$ 825,000
Est. payment | /mo

4.15 Acres Lot


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$ 825,000
Est. payment | /mo
Save

4.15 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Longboat Commons

MLS Listing ID 7058350

Year Built 2018

Annual Tax Amount $7,318

Tax Year 2026

Contingent None

Lot Size 4.150 Acres

Lot Dimensions Multiple

Property Description

High visibility storage business with large units and excellent occupancy! Located in the heart of lakes country and within a mile of the Alexandria Chain of Lakes, you couldn't ask for a better spot to operate. This offering includes 40 units that are currently leased out plus 3 additional parcels/pads to significantly increase your unit count and NOI. Over the years, occupancy rate has ran nearly 100% with a waiting list when a unit becomes available. As part of a small association, the common area is maintained for ease of management. Always liked the idea of passive income or maybe you are ready to expand your portfolio? Here is a great opportunity ready for you today. Ever wonder why storage businesses very seldom come up for sale?...

Location

State MN

County Douglas

Zoning Other

Interior

Heating None

Inclusions Building, Business, Land, Leases

Fireplace No

Exterior

Parking Features Gravel

Garage Spaces 40.0

Utilities Available Electric Separate

Roof Type Metal

Present Use Storage Facility

Building

Lot Description Additional Land Available

Story One

Foundation 14108

Sewer None

Water None

Level or Stories One

New Construction false

Schools

School District Alexandria

Listed by Stuart Wood • Edina Realty, Inc.

NEARBY SCHOOLS & PROPERTIES

Cynthia Froid

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 578-1303

cindy@cynthiafroid.com

709 2nd Street South, Minneapolis, Minnesota, 55401, United States

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3966 39th AVE NE