Home › 301 Rezin Avenue, Albert Lea, MN 56007 (MLS# 6404926)

301 Rezin Avenue, Albert Lea, MN 56007 (MLS# 6404926)

$1,386,000
301 Rezin Avenue
Albert Lea, MN 56007
MLS# 6404926
Status: Closed

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360077413_1016221776213902_3263383038966114247_n.jpg 309815982_101807776057460_8367721603470173909_n.jpg 301 Rezin Avenue, Albert Lea, MN 56007 360935834_205408545487870_230161206766988584_n.jpg 361526610_214248751593372_6525083462256784318_n.jpg 361553864_1570009416857697_1820641348101200946_n.jpg 362046651_1456212678530756_3520598554334586288_n.jpg 362066632_141927758928976_1691741054778800736_n.jpg 362066660_790092536184711_2376488694276468526_n.jpg 362095738_279784244729940_6802136613765606130_n.jpg 362143608_246993158115326_6845160875533932257_n.jpg 301 Rezin Avenue, Albert Lea, MN 56007 301 Rezin Avenue, Albert Lea, MN 56007 310470216_101807712724133_5299107853892807924_n.jpg 340247044_582944880570313_8032982456369671281_n.jpg 309396176_101807596057478_7521618075348043073_n.jpg 301 Rezin Avenue, Albert Lea, MN 56007 301 Rezin Avenue, Albert Lea, MN 56007

Property Description
Established business and real estate for sale. 140 unit, 7 building, Mini Storage campus on 2.8 acres with a 1 full acre lot of open space for additional parking or future expansions. 120 10x20 units currently rent for $95.00/month and 20 10x10 units currently rent for $65.00/month. The 7 buildings were built in 1991, 91, 92, 2002, 02, 06 & 2014. Each are 4000 to 4180 square feet and range from 18 to 22 units per building. This campus is on paved city streets one block off of Main Street East in a Business District near residential and commercial neighborhoods.

Details
Maps
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2023-10-06
Current Price: 1152000
Closed Date: 2023-10-26
Sales Close Price: 1152000
Contingency: None
ListPrice: 1386000
List Date: 2023-07-24
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 41
Owner Occupied: No
Year Built: 2014
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4136
Garage Stalls: 99
For Sale or Lease: For Sale
Acres: 2.8
Lot Dimensions: 585x140x131x374x230x138
Location Tax and Other Information
House Number: 301
Street Name: Rezin
Street Suffix: Avenue
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Complex/Dev/Subdivision: Buschbom Third Add
Additional Parcels Information
Property ID #2: 342470090
Property ID #3: 342470100
Assessments
Assessment Balance: 155
Tax With Assessments: 20582
Basement
Foundation Dimensions: 44x94
Building Information
Building Finished SqFt: 28724
Building SqFt: 28724
Income and Expenses
Annual Electric Expense: 1440
Annual Gross Income: 152400
Annual Insurance Expense: 4822
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 10x20
Garage Door Height: 9
Garage Door Width: 9
Sale Options
Sale Includes: Building, Business, Land, Leases
Unit 1
Unit Number: 301 Rezin
Monthly Rent: 1900
Total Rooms: 20
Level: Main Level
Unit Total SqFt: 4000
Leased?: Yes
Lease Expiration Date: 2023-08-31
Unit 2
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1900
Total Rooms: 20
Unit Number: 301 Rezin
Unit Total SqFt: 4000
Unit 3
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1710
Total Rooms: 18
Unit Number: 2121 SE M
Unit Total SqFt: 4180
Unit 4
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1780
Total Rooms: 20
Unit Number: 2121 SE M
Unit Total SqFt: 4136
Unit 5
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1850
Total Rooms: 22
Unit Number: 2121 SE M
Unit Total SqFt: 4136
Unit 6
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1850
Total Rooms: 22
Unit Number: 2121 SE M
Unit Total SqFt: 4136
Unit 7
Lease Expiration Date: 2023-08-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1710
Total Rooms: 18
Unit Number: 2121 SE M
Unit Total SqFt: 4136
Unit Details
Total Units: 7
Property Features
Accessible: None
CMU Style: Business Opportunity; Freestanding
Construction Status: Previously Owned
Current Use: Storage Facility
Exterior: Steel Siding
Financing Terms: Cash
Fuel: Electric
Heating: None
Loan Terms: Cash; Conventional
Lock Box Type: None
On Site Utilities: Electric Common
Parking Characteristics: RV Access/Parking
Potential Use: Income; Warehouse
Sewer: City Sewer - In Street
Tenant Pays: Janitorial Service; Maintenance/Repair
Water: City Water - In Street

Listing Office: Robert Hoffman Realty Inc.

Last Updated: June - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Wednesday 3rd of June 2026 02:02 AM

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