Commercial Sale

USD $2,700,000

Active

Beds: 0

Baths: 0

4011 Maciver Avenue Northeast, Saint Michael, Minnesota, 55376, USA

Listed by: Todd Urbanski | Edina Realty Home Services Exceptional Properties Division

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.

Show More Show Less

Highlights: