For Sale: Ghent MLS# 7164210
Active
NEW!
$240,000
Commercial: 1 Story
Built 2016
0.142 acres
Marshall schools
MLS# 7164210
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Property Description
**Investment opportunity in Ghent, MN!** Built in 2016, this established self-storage facility offers 22 rental units across two buildings totaling approximately 4, 475 square feet. Situated on a 165' x 75' lot, the property features a variety of unit sizes to accommodate different storage needs. Currently, 21 of the 22 units are occupied, generating $1, 685 in monthly rental income, with the opportunity for additional revenue through the remaining vacant unit. All units are rented on a month-to-month basis, and rental rates have not been increased in several years, offering potential for future income growth. With no electricity to the buildings, minimal operating expenses, and an established rental history, this property presents an excellent opportunity for an investor looking to add an income-producing property to their portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$240,000
Property Type:
Commercial
City:
Ghent
Garage Spaces:
22
County:
Lyon
Year Built:
2016
State:
MN
Property Style:
1 Story
Zip Code:
56239
Subdivision Name:
City/Ghent
Exterior
Stories:
One
Garage Spaces:
22
Foundation Size:
4,475 ft2
Foundation Dimensions:
25X63 AND 50X58
Handicap Accessible:
None
Heating System:
None
Parking Features:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.142
Geolocation:
44.51435, -95.889208
Inclusions:
Building, Business, Land
Lot Dimensions:
165X75
Zoning:
Business/Commercial
Schools
School District:
413
District Phone:
5075376924
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,146
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,146
Units
Total Units:
22
Miscellaneous
Current Use:
Storage Facility
Fuel System:
Other
Sewer System:
None
Available Utilities:
None Available
Water System:
None
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.