Retail Pad/Self Storage | 3rd Street
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Retail Pad/Self Storage 3rd Street
4,560 SF 100% Leased Retail Building Welcome, MN 56181 For Sale
Executive Summary
Retail Pad/Self Storage
This property, a 1.22-acre site located in Welcome, MN, currently houses the former School Bus Garage, a 114x40-foot structure with significant redevelopment potential. Strategically positioned along the main corridor of Welcome adjacent to Casey's General Stores, the site benefits from excellent visibility and easy accessibility, being just a short drive from I-90, a major transportation route. The existing structure offers substantial square footage suitable for conversion into a storage facility, accommodating various types of storage needs, including personal, vehicle, or commercial. Additionally, the expansive lot size provides ample room for future development, such as the addition of multiple storage units, catering to increasing demand for storage solutions in the area.
This property, a 1.22-acre site located in Welcome, MN, currently houses the former School Bus Garage, a 114x40-foot structure with significant redevelopment potential. Strategically positioned along the main corridor of Welcome adjacent to Casey's General Stores, the site benefits from excellent visibility and easy accessibility, being just a short drive from I-90, a major transportation route. The existing structure offers substantial square footage suitable for conversion into a storage facility, accommodating various types of storage needs, including personal, vehicle, or commercial. Additionally, the expansive lot size provides ample room for future development, such as the addition of multiple storage units, catering to increasing demand for storage solutions in the area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,560 SF
Building Class
C
Year Built
1960
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
0.86 AC
Frontage
234 FT on 3rd Street
PROPERTY TAXES
| Parcel Number | 425800525 | Improvements Assessment | $29,000 |
| Land Assessment | $9,100 | Total Assessment | $38,100 |
PROPERTY TAXES
Parcel Number
425800525
Land Assessment
$9,100
Improvements Assessment
$29,000
Total Assessment
$38,100
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Retail Pad/Self Storage | 3rd Street
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