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Allstate Storage & Carwash

2 Specialty Properties Offered at $2,500,000 in Rochester, MN

Investment Highlights

  • Located in the heart of Minnesota’s third most populous city, Rochester is home to 226,000 residents.
  • Room to expand 25 units
  • Strong Minnesota population growth
  • Right off of major Minnesota Highway

Executive Summary

Jennifer Stein Real Estate, Inc is pleased to present for sale Allstate Storage & Carwash. This facility features 92 storage units across
12,805 Sq Ft and a 4,320 Sq Ft, 7 bay full self-service car wash. The full facilities currently produce $137,108 in NOI and there is room to expand 25 more units to fit demand.

Data Room Click Here to Access

Property Facts

Price $2,500,000
Price / SF $145.99 / SF
Cap Rate 5.48%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,125 SF
Total Land Area 1.65 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Allstate Car Wash
836 7th St NW, Rochester, MN 55901
Specialty 4,320 SF 1979 -
Allstate Storage
840 7th St NW, Rochester, MN 55901
Specialty 12,805 SF 1950 -
Show More > < Show Less
  • Listing ID: 33127221

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: Allstate Storage & Carwash, Rochester, MN

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