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$ 2,700,000
Est. payment /mo
New
4011 Maciver AVE NE Saint Michael, MN 55376
70,131 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 70,131 sqft
Price per Sqft $38
Subdivision Superior Storage
MLS Listing ID 6786822
Year Built 2014
Annual Tax Amount $43,522
Lot Size 0.476 Acres
Acres 1.61
Lot Dimensions 188x466x112x470
Property Description
Excellent investment opportunity in the high-demand northwest metro! This St. Michael mini storage facility features 5 well-maintained buildings with 144 rental units, situated on 1.6 acres directly abutting Hwy 241, providing outstanding visibility and access. With an average 95% occupancy, this property offers strong & consistent income. The unit mix includes 15 (5x10x8), 49 (10x10x8), 49 (10x15x8), and 31 (10x25x8) units, meeting a wide variety of customer needs. Three buildings were constructed in 2014 and two in 2018, ensuring modern, low-maintenance infrastructure. St. Michael's growing community, located between Mpls and St.Cloud benefits from steady population growth, strong household incomes and easy access to I-94-driving demand for storage solutions. In addition to rental income, the facility partners with U-Haul, creating an additional revenue stream and value add for customers. This is a rare opportunity to acquire a stabilized, income-producing property in a thriving corridor of the Twin Cities metro.
Location
State MN
County Wright
Community Superior Storage
Zoning Business/Commercial
Direction Highway 241 to Maciver, South side of 241
Rooms
Basement None
Interior
Heating Forced Air
Flooring 70131.6
Exterior
Parking Features Parking Lot
Garage Spaces 129.0
Utilities Available Electric Common
Roof Type Age 8 Years or Less,Age Over 8 Years,Asphalt Shingles,Pitched
Accessibility None
Total Parking Spaces 129
Building
Foundation Slab
Water City Water/Connected
Others
Senior Community No
Tax ID 114346001010
Listed by Edina Realty, Inc.
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