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29105 County Road 25 - Northside Mini Storage 26,000 SF Specialty Building Offered at $1,100,000 in Elgin, MN 55932
INVESTMENT HIGHLIGHTS
- Convenient Location: Easy access to MN-42 and County Road 25; draws tenants from Elgin, Rochester, Plainview, Millville, Eyota, and surrounding towns.
- High Quality Asset: All steel Trachte drive up units on an asphalt paved lot.
- Secure & Monitored: Fenced yard around the parking area for added safety and peace of mind.
- Growth Opportunity: Includes 10 adjacent acres for expansion of additional units, vehicle storage, or future development.
- Value Add Facility: Operating at 65% occupancy, there is room to grow revenue significantly through lease-up and improved management.
EXECUTIVE SUMMARY
Northside Mini Storage offers a prime opportunity to acquire a high quality self storage facility with significant upside potential. Located in Elgin, MN, just outside of Rochester, MN, the facility provides 26,000 rentable square feet of drive up self storage and abundant land for outdoor storage and parking. Between two parcels, there are over 13 acres of land for future expansion, boat and RV storage, or potential development. This turnkey asset features all steel drive-up units and accommodates both personal and vehicle storage needs.
Serving the greater Rochester–Plainview corridor, Northside Mini Storage is strategically positioned to meet increasing demand in a growing market. Priced at $42 per rentable square foot, including additional land, this opportunity represents a compelling value below replacement cost.
Serving the greater Rochester–Plainview corridor, Northside Mini Storage is strategically positioned to meet increasing demand in a growing market. Priced at $42 per rentable square foot, including additional land, this opportunity represents a compelling value below replacement cost.
PROPERTY FACTS Under Contract
| Price | $1,100,000 | Lot Size | 2.97 AC |
| Price Per SF | $42.31 | Building Size | 26,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1994/2002 |
| Property Subtype | Self-Storage |
| Price | $1,100,000 |
| Price Per SF | $42.31 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 2.97 AC |
| Building Size | 26,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1994/2002 |
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PROPERTY TAXES
| Parcel Number | R-02.00237.03 | Improvements Assessment | $526,400 |
| Land Assessment | $69,700 | Total Assessment | $596,100 |
PROPERTY TAXES
Parcel Number
R-02.00237.03
Land Assessment
$69,700
Improvements Assessment
$526,400
Total Assessment
$596,100
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29105 County Road 25 - Northside Mini Storage
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