Sold: Menahga MLS# 6657363
Sold
$649,900 (list price)
$649,900
Commercial: Other
Built 2000
4.62 acres
Menahga schools
MLS# 6657363
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Property Description
Low risk, high reward! This is a GRAND investment opportunity that delivers consistent and immediate cash flow. Features SELF and BULK storage, operational in a passive and a limited hands on capacity. There are (3) self-storage buildings with 64 units covering 15, 000+ square feet. Unit sizes offered are 10x12's, 12x22's, 12x24's, 16x24's and 20x40's. All of which have been at capacity for 20 years. Additionally, there are (4) BULK storage buildings that span a whopping 32, 000+ square feet and are capable of storing up to 170 units. Whether the economy is up, down or flat, the storage model has proven to be one of the most consistent performers throughout the commercial sector. A no-brainer ideally located in the heart of the lakes area.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$649,900
Sold Price:
$649,900
Sold Date:
02/28/2025
Property Type:
Commercial
City:
Menahga
Garage Spaces:
0
County:
Wadena
Year Built:
2000
State:
MN
Property Style:
Other
Zip Code:
56464
Subdivision Name:
Daisy Lane
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
47,440 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
None
Parking Features:
Storage
Exterior Material:
Metal Siding
Lot & Land
Acres:
4.62
Geolocation:
46.7438217627, -95.0988380688
Inclusions:
Building, Business, Land, Leases
Lot Dimensions:
308 X 675 X 304 X 642
Zoning:
Business/Commercial
Schools
School District:
821
District Phone:
218-564-4141
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,612
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$10,612
Units
Total Units:
7
Miscellaneous
Current Use:
Storage Facility
Fuel System:
Other
Sewer System:
None
Available Utilities:
None
Water System:
None
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Affinity Real Estate Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.