Property Description Income property in Baudette, MN! This 120'x24' storage unit offering 11 large units and 3 small units (all unheated) was built in 2022. Current full occupancy shows steady income with 6-12 month leases. Invest with confidence knowing the newer structure and 150' of State Highway 11 frontage will have enduring value.
Details
Contract Information
Status: Active
Current Price: 199000
Contingency: None
ListPrice: 199000
List Date: 2026-06-29
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Waterfront YN: No
Year Built: 2022
Yearly/Seasonal: Yearly
Zoning: Industrial
Foundation Size: 2880
Garage Stalls: 11
For Sale or Lease: For Sale
Acres: 1.03
Lot Dimensions: 150x150
Assessment Pending: No
Location Tax and Other Information
Postal City: Baudette
County: Lake of the Woods
State: MN
Zip Code: 56623
Complex/Dev/Subdivision: Third Add To East Beaudette
Assessments
Tax With Assessments: 1588
Basement
Foundation Dimensions: 24x120
Building Information
Building Finished SqFt: 2880
Building SqFt: 2880
Income and Expenses
Annual Gross Expenses: 3100
Annual Gross Income: 16000
Annual Insurance Expense: 1000
Annual Net Income: 12900
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 14
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: None
Amenities Shared: None
Basement: None
CMU Style: Business Opportunity; Storage Unit
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Storage Facility
Exterior: Engineered Wood
Fencing: None
Flooring: Concrete Slab
Foundation: Poured Concrete
Fuel: Other
Heating: None
Location Description: Strip Center
Lock Box Type: Combo
Lot Description: Corner Lot; Tree Coverage - Light