1802 22nd Street SW - Self-Storage Facilities FOR SALE


Willmar, MN 56201
$1,800,000 USD
612-852-5048
1802 22nd Street SW, Willmar, MN for Sale
$1,800,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 6.8% Cap Rate

1802 22nd Street SW
Willmar, MN 56201


HIGHLIGHTS

  • Strong Lease up with Recent Expansion: Opened in 2024 and expanded in August 2025, the property is already stabilized at 87%+ occupancy.
  • Additional Expansion Options: Site plans obtained for up to 24,000 SF expansion with oversized ponding in place for future buildings.
  • Modern Secure Amenities: Fenced and gated with 16 surveillance cameras and PDK key pad access.
  • Strong Demographics: Average household incomes of $104,000 within a 1 mile radius.

OVERVIEW

19th Ave Storage is a well-maintained, recently built and expanded self storage facility located in Willmar, Minnesota. The property opened in 2024 and was expanded upon in August 2025, with further room to grow. It boasts an impressive 87% occupancy rate reflecting strong local demand and tenant satisfaction. The facility is located less than six minutes from the heart of Willmar, making it a convenient option for residents and businesses seeking secure, accessible storage solutions. 19th Ave Storage was built with modern secure amenities in mind including; fence, gate, surveillance cameras and key pad only entry. The facility also offers a 4,224 square foot heated warehouse with powered overhead doors. The current owner has obtained site plans for the property’s Phase 3 expansion for an approximate additional 24,000 square feet, with oversized ponding already in place. 19th Ave Storage offers both immediate cash flow and future development potential in a strategic and growing location. This presents a valuable growth opportunity for investors or operators looking to capitalize on the area’s rising storage needs.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19th Ave Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.39 AC

LAND SF

234,788 SF

ZONING

-

APN/PARCEL ID

95-921-5857

ASK ABOUT THIS PROPERTY

Matt HaugenArea CRE ServicesMore Info
612-852-5048

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Matt HaugenArea CRE ServicesMore Info
612-852-5048

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