15912 County Highway 6 - Self-Storage Facilities FOR SALE


Lake Park, MN 56554
$169,900 USD
701-261-0279
15912 County Highway 6, Lake Park, MN for Sale
$169,900 USD
Self-Storage Facilities - FOR SALE
1/10
null | 7% Cap Rate

15912 County Highway 6
Lake Park, MN 56554


HIGHLIGHTS

  • LARGE space - Great for RV, Boat Storage or ~12 automobiles
  • Rough-Ins Done & Available for future owners
  • Gated Security and Drive-Up Access
  • Entire building available For Sale or Lease, 6 Units Total

OVERVIEW

Introducing a brand-new 2024 premium storage unit located in a professionally maintained association complex. Built in August 2024, this post-frame structure offers exceptional durability, oversized clearance, and high-quality materials throughout make it ideal for boats, recreational equipment, contractor storage, vehicles, or shared multi-family personal use. Constructed with pre-engineered double wood trusses (7'6" spacing), 16' sidewalls, and an 81' x 180' x 18' 4" building envelope, the facility is engineered for strength, longevity, and functionality. The unit features wood-frame construction, a metal roof, steel siding, and a concrete slab foundation with footings, providing a stable, low-maintenance solution for long-term storage needs. All have rough-in wiring for electric overhead garage doors. Exterior finishes include Classic Rib 26-gauge steel in Dark Blue and Brite White, all backed by a 40-year paint warranty. Each unit includes 14' x 16' insulated overhead doors (Midland 2" Energy Saver Series) with torsion springs, PVC weather stripping, radius track and inside slide locks. Gutters and downspouts on both sides help maintain proper drainage. Interior demising walls feature non-insulated 2x6 framing with liner steel on one side for added rigidity and separation. All utilities are managed as common elements of the development, ensuring simple ownership with no separate utility billing. The grounds and roads are maintained by the association, with annual HOA dues of $850 covering snow removal, site upkeep, and exterior maintenance. Unit number to be assigned (within units 207–212); updated legal descriptions will be provided upon assignment. This newly completed facility is an outstanding option for lake-area users, small business owners, or investors seeking a stable, low-maintenance asset in a growing area. *NOI, Cap Rate is an estimate ONLY. These units are not currently rented, they are for sale or lease.

FOR SALE DETAILS

PRICE

$169,900 USD

PRICE/SF

$7 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cormorant Lakes Large Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

6.01 AC

LAND SF

261,852 SF

ZONING

Commercial

APN/PARCEL ID

060678719

ASK ABOUT THIS PROPERTY

Becky JohnsonTrilogy Real EstateMore Info
701-261-0279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Becky JohnsonTrilogy Real EstateMore Info
701-261-0279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.