My notes for this property


Add listing to my favorites (required)
Active NEW!
$550,000
/mo Edit
Commercial:  1 Story
Built 2014
1.2 acres
Tracy Area schools
MLS# 6736908
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    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

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.