315 N Cedar AVE, Owatonna, MN 55060 - 6658425

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Shari Bellows

shari@pedersonrealty.com +1(612) 590-9781

$388,900

Est. payment - /mo

5,227 Sqft Lot

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UPDATED:

02/08/2025 02:05 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Original Town

MLS Listing ID 6658425

Year Built 1914

Annual Tax Amount $5,982

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50 x 110

Property Sub-Type Mixed Use

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.

Location

State MN

County Steele

Zoning Business/Commercial

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Exterior

Parking Features Carport, Detached, Other

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Rubber

Present Use Residential,Retail

Building

Story Two

Foundation 4052

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Owatonna

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Listed by Matthew Gillard • RE/MAX Venture

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Shari Bellows

+1(612) 590-9781

Agent | License ID: 40701920

Agent License ID: 40701920

315 N Cedar AVE Owatonna, MN 55060

Shari Bellows

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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