3446 2Nd St, Saint Cloud, MN 56304
38,690 SF Specialty Building Offered at $975,000 in Saint Cloud, MN 56304
For Sale
Active
Asking Price $975,000
- Property Type
-
Specialty
- Square Feet
- 38,690 SF
- Price / Square Foot
- $25
Listing Contacts
- Property Info
Property Overview
TCJ Storage Solutions presents a prime investment opportunity in a stabilized self storage business with substantial growth potential. The facility offers a diverse range of self storage, outdoor storage, and business units to cater to the needs of the thriving St. Cloud market. With a population of over 60,000 within a 5-mile radius, the property enjoys a strategic location. Additionally, some of the storage areas have 14 foot doors to accommodate access for larger vehicles, trucks and trailers.
Furthermore, the facility sits on a spacious 10-acre lot, providing ample room for expansion and exploration of additional storage or commercial rental options. Currently operating as a mom-and-pop business, TCJ Storage stands to significantly benefit from streamlined management and revenue optimization strategies. Notably, rental rates for storage and business units have remained stagnant for several years, presenting a clear opportunity to increase profitability.
Furthermore, the facility sits on a spacious 10-acre lot, providing ample room for expansion and exploration of additional storage or commercial rental options. Currently operating as a mom-and-pop business, TCJ Storage stands to significantly benefit from streamlined management and revenue optimization strategies. Notably, rental rates for storage and business units have remained stagnant for several years, presenting a clear opportunity to increase profitability.
Property Details
- Class
- C
- Year Built
- 1979
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 435,600 SF
Highlights
- Diverse offering with mix of self storage, outdoor storage, and business units
- Consistently high occupancy with ability to push rent rates in near term - current owner has not raised rental rates in multiple years
- Serves the market of St. Cloud, a top 5 MSA in Minnesota - 5 mile population over 60,000
- Situated on 10 acres with ample room for expansion
- Priced well below replacement cost at $25 per square foot
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