Question 1

What is a garage condo?

Accepted Answer

A garage condo is a privately owned, individual garage unit within a shared complex. Unlike renting a storage unit, you hold the deed to your space and build equity over time. At 404 Garage Condos in Sauk Rapids, MN, each unit features in-floor radiant heating, 14-foot overhead doors, 100-amp electrical service, and a fire suppression system. Owners use their units for vehicle storage, workshops, hobbies, and business operations.

Question 2

How much do garage condos cost at 404?

Accepted Answer

Units at 404 Garage Condos start at $259,000 and range up to $399,000+ depending on size and configuration. Available sizes include 1,500 sq ft, 2,000 sq ft, and 3,000 sq ft units. Unlike renting storage at $100-$300+ per month with no equity, owning a garage condo means you build equity and your property can appreciate over time. Financing options are available through local lenders familiar with garage condo properties.

Question 3

Can I run a business from my garage condo?

Accepted Answer

Yes, many owners operate service-based businesses from their garage condos. Trades like plumbing, electrical, HVAC, and landscaping companies use their units as a home base for equipment, vehicles, and inventory. The key requirement is that the business cannot have public-facing foot traffic or customers visiting the property. Your employees can work on-site, but the complex is not zoned for retail or customer-facing operations.

Question 4

What amenities does 404 Garage Condos offer?

Accepted Answer

Every unit at 404 Garage Condos includes in-floor radiant heating, 14-foot overhead doors, 100-amp electrical service, and a built-in fire suppression system. The complex features 24/7 surveillance security, professional snow removal, and exterior maintenance all handled by the HOA. Owners also enjoy access to a community clubhouse with a golf simulator.

Resources

Garage Condos vs. Pole Barns: Which Is the Better Investment in Minnesota?