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3055 3rd Street S
Waite Park MN 56387 US

$350,000

Active Listing ID 7048002
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Lot: 0.46 Acres
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Other

$350,000

Active Listing ID 7048002
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3055 3rd Street S Investment opportunity in the St. Cloud metro. This Waite Park self-storage facility features 32 units on 0.46 acres, built in 2002 with 6, 900 rentable SF. The unit mix includes 10 (10x10), 6 (10x20), 8 (10x25), 6 (10x30), and 2 (10x50) units, covering a wide range of tenant needs. All units feature roll-up doors, steel construction, and concrete floors. The fully fenced property includes an electronic gate system with a control box upgraded in 2025, along with recent fence repairs and gate loop replacement ($10, 250 in capital improvements completed by the seller). Currently 80.6% occupied with consistent rental income and a strong value-add profile. Rents on several unit sizes are below local market rates, creating meaningful upside through rent adjustments alone with no capital investment required. Two 10x50 units have moveable interior walls already on-site and can be split into smaller units, adding additional revenue and units. A property tax reassessment is in progress with potential savings. Low-overhead, owner-operated model with all tenants paying via credit card. Ideal for a self-managing investor looking for cash flow and upside in a growing central Minnesota market.

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Property Features

  • Facts
  • Lot Size: 0.46 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Metal
  • Heating Fuels: None (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 350000
  • unparsedaddress: 3055 3rd Street S
  • postalcity: Waite Park
  • stateorprovince: MN
  • country: US
  • postalcode: 56387
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.46
  • lotsizeunits: Acres
  • lotsizearea: 0.46
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 45.54873
  • longitude: -94.258476
  • listagentfullname: Jadde Rowe-Laudenbach
  • listagentemail: jadde@ts-re.com
  • listagentkey: 3yd-RMLSMN-502048754
  • listagentmlsid: 502048754
  • listagentpreferredphone: 3202509466
  • listagentofficephone: 9528292900
  • listofficekey: 3yd-RMLSMN-40490
  • listofficemlsid: 40490
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 2002
  • listingcontractdate: 2026-04-30
  • listagenturl: http://www.results.net
  • countyorparish: Stearns
  • parcelnumber: 98608240114
  • heating: None (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Secured
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Metal
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -94.25848, 45.54873
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Results", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jadde@ts-re.com", "ListBrokerageCity":"Eden Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"getinfo@results.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc320fdd4190120fe00f06b0030/20180509171217397.png", "ListBrokerageName":"RE/MAX Results", "ListBrokeragePhone":"(952) 829-2900", "ListBrokeragePostalCode":"55344", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11200 W 78th Street", "ListBrokerageWebsiteUrl":"http://www.results.net", "ListOfficeAddress1":"11200 W 78th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Eden Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"getinfo@results.net", "ListOfficePostalCode":"55344", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Waite Park, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/7048002/?channel=rexren", "MLSModificationTimestamp":"2026-05-06T15:10:28Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9758, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/6/2026 10:03:07 PM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Jadde Rowe-Laudenbach, RE/MAX Results, jadde@ts-re.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.