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Crosslake Boat Storage 13437 Addi ln 13,728 SF 100% Leased Industrial Building Crosslake, MN 56442 $829,000 ($60.39/SF) 7.84% Cap Rate

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Investment Highlights

  • These sheds age beautifully and the real estate is gold. Close proximity to the Whitefish Chain of lakes main landing.
  • Two individually platted lots with modern warehouse buildings built in 2019 and 2024
  • High-ground placement with proper excavation and superior site conditions
  • Premium Ameribuilt construction with long-life durability and excellent structural integrity
  • New professionally drilled well on Site 1 by Blue Water Wells
  • Located near the Whitefish Chain’s primary public landing, a rare industrial footprint in a resort-centric market

Property Facts

Price $829,000
Price Per SF $60.39
Sale Type Investment or Owner User
Cap Rate 7.84%
Sale Condition Business Value Included
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.27 AC
Rentable Building Area 13,728 SF
No. Stories 1
Year Built 2019
No. Drive In / Grade-Level Doors 2

Amenities

  • Front Loading
  • Storage Space

About 13437 ADDI LN , CROSSLAKE, MN 56442

Two gigantic warehouse sheds located in Crosslake, MN. Each shed was developed on its own individual lot. Shed 1 was built in 2019 and shed 2 in the summer of 2024 Both are Ameribuilt construction, very high quality sheds. Both concrete. Both were excavated correctly and placed on high ground. Blue Water wells drilled a brand new well on site 1. This is a beautiful area that is used as a resort world in the summer for boating/ golfing/shopping/restaurants. This specific area has a dispensary that opened next door and is being developed at a fast rate on all sides. These sheds are unique in how large they are and how close they are to the whitefish chain's main landing. Shed 1 - 60x120 (7200sq ft) Shed 2- 48x136 (6528sq ft) The real estate is being sold at 60$ a foot with a fully functional business attached to it. These sheds age beautifully and this location is gold. Boats will be returned by June 1st, if still for sale at this point, a realtor will list the sheds individually one by one just as real estate, there is very high demand for this in the area.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Boats
  • -
  • -
  • -
  • Apr 2026
Tenant Industry SF Occupied Rent/SF Lease End
Boats - - - Apr 2026

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 142680010020009
  • 142680010010009
Land Assessment
$119,600
Improvements Assessment
$294,000
Total Assessment
$413,600
  • Listing ID: 38549497

  • Date on Market: 11/23/2025

  • Last Updated:

  • Address: 13437 Addi ln, Crosslake, MN 56442

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