Building Details:
3446 2nd St SE is located in Saint Cloud, MN.
This facility shows an excellent rental history and has been a 'work in progress' for the current owner. Owner has taken 2 galvanized steel chicken barns and converted them into 2 maintenance free storage facilities totaling 37,600 square feet. The project began about 5 years ago with new exterior insulated overhead doors and service doors, new roof panels, new heating systems, etc. Concrete floor throughout both buildings. This asking price is based on current income and does not reflect the tremendous upside potential with the remaining vacant space in the buildings. Building #2 is full every year with repeat customers for boat and RV storage. 6,400 sq ft remains in Bldg #1 for additional income. Plenty of room for expansion on the 10 acre site. Building #1 - 40' x 470' galvanized steel building. 40' x 260' of this building is insulated and heated. New overhead doors and service doors., Building #2 - 40' x 470' galvanized steel building that is unheated. New overhead doors and service doors., New private well and septic system meets all existing county codes., GROSS RENTAL INCOME: (2008) $38,161, (2009) $54,391, (2010) $47,959. Contact listing agent for operating statements.
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- Michael Schmitt, agent and Rofo Pro