For Sale: Walker MLS# 7029813
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Property Description
Located less than two miles from Walker, this property offers an excellent opportunity for an owner-operator or as an income-producing investment. The site includes 18 storage units, currently leasing for $150 per month, along with a heated office and multi-stall shop space that is also leased. The property features more than 8, 000 total square feet, including a 1, 944-square-foot heated shop and a 720-square-foot heated office area. The storage component consists of 18 units, including nine 12' × 30' units and nine 12' × 24' units. Positioned on a high-traffic road just one-quarter mile from a main state highway, the property benefits from strong visibility and convenient access. A current certificate of survey is available in the supplemental documents. The parcel is configured to allow for expansion, with the ability to construct two additional buildings accommodating approximately 46 additional storage units, creating significant upside potential for increased income.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$690,000
Property Type:
Commercial
City:
Walker
Garage Spaces:
6
County:
Cass
Year Built:
2001
State:
MN
Property Style:
1 Story
Zip Code:
56484
Subdivision Name:
Leech Lake Dev Park
Interior
Ceiling Height:
8-10
Flooring:
Concrete Slab
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
6
Garage Dimensions:
36x54
Garage Size:
1,944 ft2
Garage Door Height:
9
Garage Door Width:
12
Air Conditioning:
Central Air
Foundation Size:
8,424 ft2
Foundation Dimensions:
54x156
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Electric
- Finished Garage
- Gravel
- Heated Garage
- Insulated Garage
- Parking Lot
Road Frontage:
Township
Exterior Material:
- Concrete
- Frame
Roof Details:
- Age Over 8 Years
- Metal
Lot & Land
Acres:
2.3
Geolocation:
47.103629, -94.607838
Inclusions:
Building
Lot Dimensions:
290 x 472 x 170 x 413
Zoning:
Business/Commercial
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
693
District Phone:
2185474201
Expenses
Annual Electric Expense:
$1,200
Annual Fuel Expense:
$1,300
Annual Insurance Expense:
$4,800
Annual Maintenance Expense:
$1,000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,094
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,394
Units
Total Units:
20
Miscellaneous
Current Use:
- Commercial
- Other
- Storage Facility
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
- Holding Tank
- Private Sewer
- Septic System Compliant - Yes
Available Utilities:
Heating Separate
Water System:
4-Inch Submersible
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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!
Listing provided by RMLS,
courtesy of Cedar Point Realty.
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.