Looking for an investment opportunity in the heart of the Otter Tail Lakes Country? Look no further than this commercial or residential investment opportunity in rural Richville! Located a short distance from Otter Tail, Walker, Dead, and Pickerel Lakes, this 3.48 acre property boasts nine 20 x 40 individual storage units with 12 x 12 overhead doors and 36" service door (each with its own power outlet, garage door opener, and interior lights), four seasonal camper pad sites, and a combination office / garage space, a perfect spot to operate your business, build a home, or to gain additional rental income. This parcel was thoughtfully designed to allow for construction of additional storage units or a residential home within the center of this property, allowing for additional growth. Highlights include fiber internet, heated shop and office space with a half bathroom, deep well and septic system serving the office and camping sites, with each pad site also featuring electricity, high speed wireless internet, picnic table, fire pit, and an individual storage shed. The property also features a fully integrated irrigation system. This turnkey investment opportunity is projected to provide a NOI of $51,000 for 2025, providing a rare lakes area investment opportunity for you to consider!
Listed by: Andrew Yaggie Real Estate
TALK WITH AN AGENT & SCHEDULE A SHOWING
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
