Artic Mini Storage

Property Info:


Address: 1409 7th street north
Town/Suburb/City: princeton
State/County/Province: MN
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Asking Price: $787,000.00
Square Footage: 16,800


Agent's Name: Mike Bobick, CCIM
Phone Number: 320-333-2692
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Property Description:

Investment Property for Sale

95-unit self- storage facility located at the intersection of Highways 169 and 95 on the north end of Princeton. The site is approximately 1 acre and there are four buildings totaling 16,800 square feet. The buildings were constructed in 2002 and 2003.  The facility is located in Mapleview Industrial Park.

Property Information:
Zoning: B3 – general commercial
Building Construction: Wood frame, concrete floors, steel siding and roof
Contractor: Structural Buildings, Becker, Minnesota
Parking and drive areas: Asphalt
Gate: Keypad operated, all activity recorded, monitored remotely
Security: Six-foot chain-link fencing, four wireless cameras, remote monitoring
Owner’s unit: Houses internet access, payment drop box, secured with motion sensor and door contacts
Utilities on-site: Telephone and electricity
Parcel ID number: 24 – 560 – 0100
Legal description: Lots 6,7, Block 2, Mapleview Development
Occupancy: 85% or better over the past several years
Gross income: Approximately $93,000 each of the past two years
Price: $787,000
Operating statements: Available upon request

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