15108 27th Street, Clear Lake, MN 55319
$1,000,000
Property Type:
Commercial
Lot Size (sq. ft.):
1,045,440
Status:
Active
Current Price:
$1,000,000
List Date:
9/22/2026
Last Modified:
9/22/2026
Overview
Description
...
(Read more)
Becker Storage Services presents an attractive opportunity to acquire a stabilized boat and
vehicle storage facility in Clear Lake, Minnesota, featuring 323 boat and RV storage units totaling
approximately 85,880 NRSF, complemented by 16 traditional drive-up storage units. The property
is currently operating at full occupancy within its boat and vehicle valet storage component,
demonstrating strong demand for seasonal storage solutions. With rental rates estimated to be
approximately 120% below market for seasonal storage, the asset offers significant revenue
growth potential through professional management, pricing optimization, and improved
operational strategies.
Situated on a 24.65-acre site, Becker Storage Services provides substantial long-term flexibility
through additional land available for expansion or future improvements. The property includes an
on-site rental home, office, solar array, and drive-up storage facilities, creating a fully operational
storage platform with multiple revenue opportunities. Additionally, the seller is willing to remain
involved and provide operational training to ensure a smooth ownership transition. With projected
Year 2 and Year 5 cap rates of 11% and 15%, respectively, the property offers investors an
opportunity to acquire a unique, cash-flowing storage asset with strong upside potential and long
term value creation
Listing Details MLS# 7148452
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 40
- Waterfront YN
- No
- Year Built
- 1999
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 85880
- Garage Stalls
- 323
- For Sale or Lease
- For Sale
- Acres
- 24
- Lot Dimensions
- 791x1322
- Assessment Pending
- No
Property Features
Accessible:
None
CMU Style:
Business Opportunity; Mixed Use; Storage Unit
Construction Status:
Previously Owned
Current Use:
Commercial; Storage Facility
Existing Financing:
Conventional Rehab
Exterior:
Metal; Vinyl
Foundation:
Slab
Fuel:
Propane
Heating:
Other
Loan Terms:
Contract for Deed; Conventional; Other
Lot Description:
Corner Lot
On Site Utilities:
Electric Common
Parking Characteristics:
Multiple Garages; Gravel Lot; Paved Lot; Storage
Road Frontage:
County Road
Road Responsibility:
Public Maintained Road
Sewer:
Private Sewer
Stories:
One
Topography:
Level
Water:
Well
Contract Information
- Contingency
- None
- ListPrice
- 1000000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 15108
- Street Name
- 27th
- Street Suffix
- Street
- Postal City
- Clear Lake
- County
- Sherburne
- State
- MN
- Zip Code
- 55319
Assessments
- Tax With Assessments
- 8384
Building Information
- Building Finished SqFt
- 85880
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 28
- Section#
- 8
- Township#
- 35
Sale Options
- Sale Includes
- Building, Business, Land
Unit Details
- Total Units
- 323
Listing Office:
RE/MAX Results - Nisswa
Last Updated: September - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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