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$825,000

  • Sold
  • Closed
  • Commercial
  • 14,108 Sq. Ft.
  • 4.15 Acres
  • Updated 6 days ago
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High visibility storage business with large units and excellent occupancy! Located in the heart of lakes country and within a mile of the Alexandria Chain of Lakes, you couldn't ask for a better spot to operate. This offering includes 40 units that are currently leased out plus 3 additional parcels/pads to significantly increase your unit count and NOI. Over the years, occupancy rate has ran nearly 100% with a waiting list when a unit becomes available. As part of a small association, the common area is maintained for ease of management. Always liked the idea of passive income or maybe you are ready to expand your portfolio? Here is a great opportunity ready for you today. Ever wonder why storage businesses very seldom come up for sale?...

Full Property Details for 3966 39th Ave NE

General

  • Sold For: $825,000
  • Taxes: $7,318 (2026)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7058350
  • Added to Site: 47 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 40
  • Parking Features: Gravel

School Information

  • School District: 206 - Alexandria
  • High School District: Alexandria

Heating & Cooling

  • Heating Type: None
  • Heating Fuel: Other

Utilities

  • Sewer: None
  • Water: None
  • Utility Description: Electric Separate

Financial Considerations

  • Operating Expenses: $26,816
  • Tax Amount: $7,318
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Other

Disclosures and Reports

  • Legal Description: SEC-03 TWP-128 RANG-37 LONGBOAT COMMONS LOT-1 BLK-7, LOT-1 BLK 8, LOT-1 BLK-9, LOTS 1-12, 60, 61, 63 BLK 1 AND FIRST AMENDMENT TO LONGBOAT COMMONS LOT-1 BLK-2, LOT-1 BLK-3, LOT-1 BLK-4, LOT-1 BLK-5.
  • Inclusions: Building, Business, Land, Leases
  • Property ID: 30029248

Listed and Sold by Edina Realty, Inc.

Listing agent

— 3966 39th Ave NE —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3966 39th Ave NE

School District:Alexandria Public School District
NameGradesDistance
Voyager Elementary School
203 Voyager Drive, Alexandria, MN 56308
K-63.2 mi
Discovery Junior High School
510 North Mc Kay Avenue Northeast, Alexandria, MN 56308
7-93.1 mi
Alexandria Area High School
4300 Pioneer Road Southeast, Alexandria, MN 56308
10-126.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3966 39th Ave NE

Date
Details
Price
Change
Source
6/01/2026
Sold
$825,000
—
MLS
4/21/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Edina Realty, Inc.

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3966 39th Avenue NE, Alexandria, MN 56308 (MLS# 7058350) is a Commercial property that was sold at $825,000 on June 01, 2026. Want to learn more about 3966 39th Avenue NE? Do you have questions about finding other Commercial real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.