UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7003667
Bedrooms 9
Year Built 1900
Annual Tax Amount $6,460
Tax Year 2025
Contingent None
Lot Size 13.070 Acres
Acres 13.07
Lot Dimensions 876x646x876x646
Property Description
This versatile 13-acre income-producing property features four residential rental units along with 37+ storage units, offering an excellent rental history and strong, consistent income potential. This property is ideal for investors seeking both stability and growth.
Residential unit 1 & 2: Up/down duplex with separate entrances. Main floor unit is 2 bed, 1 bath and has approximately 1028 SQFT of living space. Laundry in unit. Upper level unit has 1 bed, 1 bath, laundry hookups and is approximately 480 SQFT of living space.
Residential unit 3: 3 bed, 1 bath mobile home that offers approximately 980 SQFT of living space. Laundry in-unit.
Residential unit 4: 3 bed, 2 bath mobile home that offers 1216 SQFT of living space. Laundry in-unit. Private driveway access.
STORAGE
East building (old hog barn): consist of 18 10x20 cold storage units. Separate driveway access from residential units.
Red barn: 10 cold storage units. Separate driveway access from residential properties.
Pole shed: 50x80, concrete floor, electricity, and water available. Used for boat/car storage and also offers separate shop space that is currently rented.
Additional miscellaneous storage units are located throughout the property. See supplements or contact listing agent for more information.
Location
State MN
County Wabasha
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Window Unit(s)
Inclusions Building
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Exterior
Parking Features Gravel
Garage Spaces 4.0
Fence Other, Privacy
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Asphalt
Present Use Residential,Storage Facility
Building
Lot Description Suitable for Horses, Tree Coverage - Medium
Story Two
Foundation 1028
Sewer Private Sewer
Water Private, Well
Level or Stories Two
Structure Type Frame,Stone
New Construction false
Schools
School District Lake City
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