37,600 SQ FT STORAGE FACILITY
This 37,600 sq ft maintenance free storage facility has an excellent rental history with an excellent return on investment. Net operating income is over $40,000 per year. Located just 3 miles east of St. Cloud City limits near St. Cloud airport and Territory Golf Course. One building is full every year with repeat customers for boat/RV storage and 6,400 sq ft is still available in the second building for additional income. New outside secure storage for 100 boats & pontoons will provide an additional $10,000 of annual net income.
The buildings have new exterior insulated overhead doors and service doors, new heating systems, new septic system, etc. Concrete floors throughout both buildings.
The asking price is based on current income and does not reflect the potential with the remaining vacant space. Plenty of room for expansion on the 10 acre site.
- Building #1 – 40’ x 470’ galvanized steel building. 40’ x 260’ of this building is insulated and heated. New overhead doors and service doors.
- Building #2 – 40’ x 470’ galvanized steel building that is unheated. New overhead doors and service doors.
- Building #2 is full every year with repeat customers for boat and RV storage.
- 6,400 sq ft remains in Bldg #1 for additional income.
- Plenty of room for expansion on the 10 acre site.
- New private well and septic system meets all existing county codes.
