$199,000
MLS# 7100983
2880 sqft
1 / 7
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
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $199,000
Contingency: None
ListPrice: 199000
List Date: 2026-06-29
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Waterfront YN: No
Year Built: 2022
Yearly/Seasonal: Yearly
Zoning: Industrial
Lot Dimensions: 150x150
Acres: 1.03
Foundation Size: 2880
Garage Stalls: 11
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: Lots 1, 2 and 3, Block 4, Third Addition to East-Beaudette. PIN 61-5704-010
Listing City: Baudette
Map Page: 999
Municipality: Baudette
School District: Lake of the Woods
School District Phone: 218-634-2735
Zip Plus 4: 2458
Property ID Number: 615704010
Tax Year: 2026
Tax Amount: 1588
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: In East Baudette: south on 5th Ave. SE. Property is on the corner of St. Hwy. 11 and 5th Ave. SE. Watch for sign.
Accessible
No Stairs External: 1
No Stairs Internal: 1
Air Conditioning
None: 1
Amenities Shared
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 1588
Basement
Foundation Dimensions: 24x120
None: 1
Building Information
Building Finished SqFt: 2880
Building SqFt: 2880
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Exterior
Engineered Wood: 1
Fencing
None: 1
Flooring
Concrete Slab: 1
Foundation
Poured Concrete: 1
Fuel
Other: 1
Heating
None: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Lot Description
Corner Lot: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Owner Pays
All Utilities: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Gravel Lot: 1
Road Frontage
Paved Streets: 1
State Road: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sale Includes: Building, Land
Sewer
None: 1
Stories
One: 1
Unit Details
Total Units: 14
Water
None: 1
Income and Expenses
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 3100
Annual Gross Income: 16000
Annual Insurance Expense: 1000
Annual Net Income: 12900
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
On Site Utilities
Electric Common: 1
CMU Style
Business Opportunity: 1
Storage Unit: 1
Current Use
Storage Facility: 1
Location Description
Strip Center: 1
Potential Use
Income: 1
Industrial: 1
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
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
On Site Utilities: Electric Common
Owner Pays: All Utilities
Parking Characteristics: Gravel Lot
Potential Use: Income; Industrial
Road Frontage: Paved Streets; State Road
Road Responsibility: Public Maintained Road
Sewer: None
Stories: One
Water: None
Listing Office: Reed Realty
Last Updated: July - 01 - 2026
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.