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Active
$550,000
/mo Edit
Commercial:  1 Story
Built 2014
1.2 acres
Tracy Area schools
MLS# 6736908
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    Property Description

    44-Unit Storage Site with Expansion Potential – Prime Area Location! Opportunity is here with this well-situated 44-unit storage facility, offering income-producing space and growth potential! Two buildings - one is 150x40 and the other is 100x40 - well constructed with LOW maintenance materials. Located near Lake Shetek area with very limited competition, this is ideal rental location for boat owners, seasonal residents, or local businesses in need of extra storage for equipment, supplies, or inventory. In addition to the existing units, the property features a generous laydown area perfect for outdoor storage or future development. Add more buildings or rental pods, creating strong upside potential. With multiple streams of income possible—from unit rentals to outdoor boat or trailer parking—this is a solid investment in a high-demand area.

    Listing

    Contingency: None
    City: Tracy
    County: Lyon
    State: MN
    Property Style: 1 Story
    Zip Code: 56175

    Exterior

    Stories: One
    Garage Spaces: 44
    Other Parking Spaces: 40
    Foundation Size: 10,000 ft2
    Foundation Dimensions: 150x40
    Handicap Accessible: No Stairs External, No Stairs Internal
    Heating System: None
    Parking Features:
    • Gravel
    • Multiple Garages
    Exterior Material: Metal Siding

    Lot & Land

    Acres: 1.2
    Geolocation: 44.230505, -95.624392
    Inclusions: Building, Business, Land
    Lot Dimensions: 427 x 476 x 358 x 261
    Zoning: Business/Commercial

    Schools

    School District: 2904
    District Phone: 507-629-5500

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $12,392
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,392

    Income

    Annual Gross Income: $50,000

    Units

    Total Units: 44

    Miscellaneous

    Current Use: Storage Facility
    Fuel System: Other
    Sewer System: City Sewer - In Street
    Available Utilities: Electric Common
    Water System: City Water - In Street

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.