315 N Cedar Avenue, Owatonna, Minnesota 55060

MN, Owatonna
$388,900
  • Commercial Sale Property Type
  • 1914 Year Built
  • Active Status
See All 64 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

OPPORTUNITY IS KNOCKING! If you have an entrepreneurial spirit, and a desire to be a part of a blossoming downtown historic district, this could be your chance. This well-maintained building has over 6200 finished square feet, with a retail business currently operating on the 4,000+ sq ft main floor that also includes a convenient kitchenette. The original high ceilings could be exposed to create a nice open feel on this level, and the large area could be divided to accommodate a variety of retail or office needs. The residential rental spaces include two large 2 bedroom apartments and one studio apartment – these are presently occupied, generating rental income toward positive cash flow. The property also offers a garage, a carport and off-street parking for use by the tenants of the building. Schedule your private showing today and bring your visions to life.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6658425
  • Price: $388,900
  • Year Built: 1914
  • Listing Status: Active
  • Office Name: RE/MAX Venture
  • Property Sub Type: Mixed Use
  • Roof: Rubber
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Unfinished
  • Parking Other,Detached,Carport
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Steele
  • City Owatonna
  • Zipcode 55060
  • Street: Cedar
  • Street Number: 315
  • Street Suffix: Avenue
  • Longitude: W94° 46' 27.7''
  • Latitude: N44° 5' 14.2''
  • Directions: From I35 take Hoffman Dr and go East. Turn left on Rose St and then a right onto Cedar Ave. Property will be on the left.
  • Street Dir Prefix: N
Neighborhood
  • High School District: Owatonna
MLS Addon
  • Office Name: RE/MAX Venture
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Grab Bars In Bathroom,Roll Under Accessibility
  • Building Size: 6212
  • Construction Materials: Brick/Stone
  • Current Use: Residential,Retail
  • Garage: 1
  • Levels: Two
  • Lot Size Dimensions: 50 x 110
  • Number Of Units Total: 3
  • Possible Use: Retail,Shop
Financial
  • Tax Annual Amount: 5982
Listing Information
  • Co List Agent Mls Id: 503516627
  • List Agent Mls Id: 503500965
  • List Office Mls Id: 26861
  • Modification Timestamp: 2025-02-08T02:05:03Z
  • Originating System Name: NorthStar
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