For Sale: Staples MLS# 6764794
Active
NEW!
$750,000
Commercial: 1 Story
Built 1943
39.38 acres
Staples-Motley schools
MLS# 6764794
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Incredible opportunity to own a well-established self-storage business (along with a 5+ bedroom house, large garage, barn, storage/outbuildings, and room for animals or future expansion) with incredible visibility and easy access, on the edge of the City of Staples and less than a mile from the Lakewood Health System Hospital!
Included in the sale of this nearly 40-acre property (zoned, partially, as commercial) are three modern and well-maintained storage buildings (consisting of 73 storage units of varying sizes with an incredible history of full occupancy, and generating consistent rental income), a 5+ bedroom house, an over-sized (heated and insulated) 3+ stall garage, large barn and additional storage/outbuildings.
The interior of the residence is livable and in fair-good condition. The lower level previously had minor water damage (due to a failed sump pump) and a renovation was started but not completed. The lower level has a working toilet and rough ins for a full bathroom, as well as additional space that could be converted into 1-2 additional bedrooms. At the seller’s request, interior photos of the residence have not been included but can be provided as well as a showing of the interior of the residence scheduled for serious buyers with acceptable financials.
All three of the storage buildings have maintenance-free steel siding and roofing, concrete floors and secure roll-up steel doors. The interior of each unit has, in addition to the concrete floor, a metal ceiling and wood walls; keeping each unit secure and separate from one another. Although the buildings do not have power, there is power to the general area and three large overhead lights for security and convenience. The buildings are also positioned on the property in such a way that it would allow the addition of a security fence and gate(s) for added security, along with additional storage buildings and outdoor storage space for vehicles and RVs.
The property brings endless opportunities to add additional rental income as well! Whether it be through additional storage units, recreational vehicle/outdoor storage and parking, rental opportunities for the barn and grazing acreage, or rental income from the house. The property’s proximity to the expanding Lakewood Health System Hospital and growing city of Staples, coupled with the rarity of 4+ bedroom rental homes in the area, would make a residential rental or housing for medical personnel a huge success.
The property has two, usable, drilled wells (the second being drilled with the belief that the first had failed, but later discovered to have been over-drawn by a failing water softener). The septic system is on the east side of the residence and currently operational. The seller’s have not sought out a compliance inspection on the system at this time as the potential buyer of this property may choose to utilize it for Storage Rental income only, and not utilize the septic/well.
Contact agent to arrange/schedule a drive-through of the property, for photos of the interior of the residence, or to make arrangements for a full showing. No signs at property at request of seller, property is the northwest corner of the intersection of State Highway 210 and 285th Ave. Sellers previously sold a small section of land, including an access road from 285th Ave, on State Highway 210 for a billboard.
Sellers are searching for a new home and dependent on timeline, would consider a short-term rent-back of the residence until they locate a new home. Wood chicken coop/outbuilding between barn and garage not included in sale but sellers are open to including it with an acceptable offer.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Property Type:
Commercial
City:
Staples
Garage Spaces:
6
County:
Todd
Year Built:
1943
State:
MN
Property Style:
1 Story
Zip Code:
56479
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Cooktop
- Dishwasher
- Dryer
- Electric Water Heater
- Exhaust Fan
- Fuel Tank - Rented
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener Owned
Basement Details:
- Block
- Crawl Space
- Owner Access
- Unfinished
Exterior
Stories:
One
Garage Spaces:
6
Garage Dimensions:
45x45
Garage Size:
2,025 ft2
Other Parking Spaces:
10
Air Conditioning:
Central Air
Foundation Size:
1,200 ft2
Foundation Dimensions:
30x40
Handicap Accessible:
Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Forced Air
- Wood Stove
Parking Features:
- Carport
- Covered
- Detached
- Gravel
- Heated Garage
- Insulated Garage
- Storage
Shared Amenities:
Deck
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Main Floor Primary Bedroom
- Multiple Phone Lines
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
Paved Streets
Exterior Material:
- Metal Siding
- Vinyl Siding
- Wood Siding
Roof Details:
- Age Over 8 Years
- Metal
- Pitched
Lot & Land
Acres:
39.38
Geolocation:
46.3532698275, -94.7686513598
Inclusions:
Building, Business
Lot Dimensions:
1350 x 1045 x 1325 x 1320
Zoning:
- Agriculture
- Business/Commercial
- Residential-Single Family
Lot Description:
Many Trees
Farm
Topography:
Level, Low Land
Schools
School District:
2170
District Phone:
218-894-2430
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,300
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,300
Units
Total Units:
1
Miscellaneous
Current Use:
- Other
- Storage Facility
Fuel System:
- Oil
- Other
- Pellet
Owner Occupied:
Yes
Sewer System:
- Private Sewer
- Tank with Drainage Field
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
- Drilled
- Private
- Submersible - 4 Inch
- Well
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of RE/MAX Northland.
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.