32194 County Highway 14, Richville, MN

$699,000

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3.48

Acres

About 32194 County Highway 14

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/cooled 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!

Features of 32194 County Highway 14

MLS® # 6675679
Price $699,000
Bathrooms 0.00
Acres 3.48
Year Built 2023
Type Commercial Sale
Sub-Type Office
Style Office
Status Active

Community Information

Address 32194 County Highway 14
City Richville
County Otter Tail
State MN
Zip Code 56576

Amenities

Amenities In-Ground Sprinkler System
# of Garages 9
Garages Attached Garage, Asphalt, Heated Garage, Insulated Garage, RV Access/Parking
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Heat Pump
Cooling Ductless Mini-Split, Heat Pump
Fireplace No

Exterior

Lot Description Some Trees
Roof Age 8 Years or Less, Architectural Shingle, Metal
Construction Steel Siding, Vinyl Siding

School Information

District Battle Lake

Additional Information

Days on Market 231
Zoning Business/Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeAndrew Yaggie Real Estate

Listing Map

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