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Investment Highlights

  • Explosive population growth in the trade area — Otsego is growing 3.79% annually, up 26.17% since 2020, with a median household income of $119,927
  • Significant operational upside under professional management — no online rental platform, outdated website, and no revenue management program
  • Prime retail-adjacent location — situated less than half a mile from the Target-anchored shopping center at 87th Street NE
  • High Quality Build and Site Security — fully paved concrete and asphalt drive aisles, complete perimeter fencing with gated access

Executive Summary

Call for Offers Due: Thursday, September 3, 2026

Attachments

flyer_elkrivermn

Property Facts

Price $7,203,092 CAD
Price Per SF $131.76 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 5.48 AC
Building Size 54,670 SF
No. Stories 1
Year Built 2004
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
118-096-001040
Land Assessment
$1,357,921 CAD
Improvements Assessment
$4,860,979 CAD
Total Assessment
$6,218,900 CAD
  • Listing ID: 41951231

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 15901 85th St NE, Elk River, MN 55330

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