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Executive Summary

Outstanding new storage facility with 31 units. Rent for straight storage, car storage garage or other exciting options. So many options with this multi-purpose property, different types of storage from overflow of garage storage to rent to a client looking for an area for their classic car or a get together den. Great property to rent as you see fit for the market. Great NE location and in brand new condition these units offer best in class finishes with individual restrooms, heated floors, fully finished interiors.
If using for a car storage, units can fit two + cars - and more if car lifts are installed.
Additional uses could be creative work space for personal offices, micro-flex use and even equipment storage.

Property Facts

Price $4,900,000
Price Per SF $176.90
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 1.71 AC
Building Size 27,700 SF
No. Stories 1
Year Built 2023
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
74.23.14.087407
Land Assessment
$439,800
Improvements Assessment
$0
Total Assessment
$439,800
  • Listing ID: 35599813

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 273 Penny Ln NE, Rochester, MN 55906

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