4011 Maciver Avenue NE, Saint Michael, MN 55376

Overview

Description

Excellent investment opportunity in the high-demand northwest metro! This St. Michael mini storage facility features 5 well-maintained buildings with 144 rental units, situated on 1.6 acres directly abutting Hwy 241, providing outstanding visibility and access. With an average 95% occupancy, this property offers strong & consistent income. The unit mix includes 15 (5x10x8), 49 (10x10x8), 49 (10x15x8), and 31 (10x25x8) units, meeting a wide variety of customer needs. Three buildings were constructed in 2014 and two in 2018, ensuring modern, low-maintenance infrastructure. St. Michael's growing community, located between Mpls and St.Cloud benefits from steady population growth, strong household incomes and easy access to I-94-driving demand for storage solutions. In addition to rental income, the facility partners with U-Haul, creating an additional revenue stream and value add for customers. This is a rare opportunity to acquire a stabilized, income-producing property in a thriving corr ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 5
Waterfront Present: No
Year Built: 2014
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 20750
Garage Stalls: 129
For Sale or Lease: For Sale
Acres: 1.61
Lot Dimensions: 188x466x112x470

Property Features

Accessible: None Basement: None CMU Style: Storage Unit Construction Status: Previously Owned Current Use: Storage Facility Exterior: Brick Veneer; Metal; Vinyl Fencing: None Financing Terms: Cash Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Special Funding Lock Box Type: None On Site Utilities: Electric Common Overhead Door Clearance: 0-9 Feet Owner Pays: All Utilities; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Security; Snow Removal; Taxes Parking Characteristics: Parking Lot Roof: Age 8 Years or Less; Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2026-02-10
Closed Date: 2026-02-10
Sales Close Price: 2200000
Contingency: None
ListPrice: 2495000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4011
Street Name: Maciver
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Saint Michael
County: Wright
State: MN
Zip Code: 55376
Complex/Dev/Subdivision: Superior Storage

Assessments

Tax With Assessments: 43522
Assessment Balance: 0

Building Information

Building Finished SqFt: 20750
Building SqFt: 20750
Ceiling Height: 8-10

More Information

Income and Expenses

Annual Gross Expenses: 17000
Annual Gross Income: 234696
Total Annual Expenses: 17000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 20750
Parking Lot: Yes

Public Survey Info

Range#: 24
Section#: 12
Township#: 120

Sale Options

Sale Includes: Building, Business Assets, Business, Land

Unit Details

Total Units: 144

Office/Member Info

Association: GLAR

Location, Tax and Other Information

Legal Description: SECT-12 TWP-120 RANGE-024 UNPLATTED LAND ST MICHAEL1 E 233 FT OF SE OF SE OF HWY 241
Listing City: Saint Michael
Map Page: 47
Municipality: Saint Michael
School District: St. Michael-Albertville
School District Phone: 763-497-3180
Zip Plus 4: 3113
Property ID Number: 114346001010
Tax Year: 2025
Tax Amount: 43522
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Excellent investment opportunity in the high-demand northwest metro! This St. Michael mini storage facility features 5 well-maintained buildings with 144 rental units, situated on 1.6 acres directly abutting Hwy 241, providing outstanding visibility and access. With an average 95% occupancy, this property offers strong & consistent income. The unit mix includes 15 (5x10x8), 49 (10x10x8), 49 (10x15x8), and 31 (10x25x8) units, meeting a wide variety of customer needs. Three buildings were constructed in 2014 and two in 2018, ensuring modern, low-maintenance infrastructure. St. Michael's growing community, located between Mpls and St.Cloud benefits from steady population growth, strong household incomes and easy access to I-94-driving demand for storage solutions. In addition to rental income, the facility partners with U-Haul, creating an additional revenue stream and value add for customers. This is a rare opportunity to acquire a stabilized, income-producing property in a thriving corridor of the Twin Cities metro.
Directions: Highway 241 to Maciver, South side of 241

Accessible

None: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick Veneer: Yes
Metal: Yes
Vinyl: Yes

Fencing

None: Yes

Financing Terms

Cash: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Owner Pays

All Utilities: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Management: Yes
Repairs: Yes
Roof Maintenance: Yes
Security: Yes
Snow Removal: Yes
Taxes: Yes

Roof

Age 8 Years or Less: Yes
Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes

CMU Style

Storage Unit: Yes

Current Use

Storage Facility: Yes

Loan Terms

Cash: Yes
Special Funding: Yes

Overhead Door Clearance

0-9 Feet: Yes