Advertise
    Owatonna, MN

    Owatonna, MN Commercial Real Estate for Sale

    Notify Me
    List
    Map
    Hutchinson, MN Medford, MN Faribault, MN Waseca, MN Warsaw, MN Morristown, MN Blooming Prairie, MN West Concord, MN
    20 properties
    Sort:
    Owatonna Land for Business Growth
    Updated: Jun 11, 2025
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot
    Suited for growth and opportunities.
    Great space for expanding a business.
    Ideal for starting a new business.
    Property is waiting for the buyer.
    Location coordinates: [-93.26435,44.10345].
    View details
    Commercial Lot on Town Edge
    Updated: Apr 24, 2025
    Commercial Lot on Town Edge

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot
    Commercial lot on the northwest edge of town
    Utilities: water available
    View details
    Commercial Development Lot
    Commercial Development Lot

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    0.906-acre commercial lot in North Bluff Estates, ready for a new building with convenient access.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Luxury Garage Condo Unit
    Luxury Garage Condo Unit

    1980 Austin Rd #Suite 5, Owatonna, MN 55060

    $165,000
    800 sqft

    Premium 20' x 40' garage condo with a 12' x 14' overhead door, heat, water, and floor drains.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

    View details
    Garage Condo With Overhead Door
    Garage Condo With Overhead Door

    1980 Austin Rd #Suite 8, Owatonna, MN 55060

    $145,000
    600 sqft

    20' x 30' garage condo unit with a 12' x 14' overhead door, heat, water, and floor drains.

    View details
    Freestanding Restaurant with Interstate Exposure
    Freestanding Restaurant with Interstate Exposure

    4355 W Frontage Rd, Owatonna, MN 55060

    Contact for pricing
    6,079 sqft 1.45 AC lot

    Fee-simple interest available for a freestanding Famous Dave’s BBQ restaurant leased through November 2026.

    View details
    Flex Space with Gravel Yard
    Flex Space with Gravel Yard

    1130 State Ave NW, Owatonna, MN 55060

    Contact for pricing
    3,216 sqft

    Two-building commercial property suited to contractor operations, equipment storage, and light manufacturing.

    View details
    Quick-Service Restaurant Building
    Quick-Service Restaurant Building

    105 S Oak Ave, Owatonna, MN 55060

    Contact for pricing
    1,266 sqft

    Former Pizza Hut with built-in hood and venting, plus a walk-in cooler/freezer on a high-visibility downtown site.

    View details
    High-Visibility Shop with Yard
    High-Visibility Shop with Yard

    1130 State Ave Nw, Owatonna, MN 55060

    Contact for pricing
    3,216 sqft 1.08 AC lot

    Versatile light industrial shop with drive-in doors, office job trailer, and a gravel yard on a secure lot.

    View details
    Retail
    Retail

    4255 Frontage Rd W, Owatonna, MN 55060

    Contact for pricing
    5,843 sqft

    Conventional restaurants · 5,843 SF

    View details
    Self-Storage Facility with 624 Units
    Self-Storage Facility with 624 Units

    3103 Hoffman Dr NW, Owatonna, MN 55060

    Contact for pricing
    134,610 sqft

    Self-storage facility with 624 units across 134,610 NLSF, featuring access along Old U.S. Hwy 14.

    View details
    Commercial Land Near Interstate Access
    Commercial Land Near Interstate Access

    18th Street SW, Owatonna, MN 55060

    $850,000

    Commercial land in an industrial park with paved-road access and Agriculture, Business/Commercial zoning.

    View details
    Brew Pub Opportunity
    Brew Pub Opportunity

    131 W Broadway St, Owatonna, MN

    Contact for pricing
    7,569 sqft 0.10 AC lot

    Second-generation brew pub with equipment and expansion potential.

    View details
    Commercial Land Lot
    Commercial Land Lot

    160 26th Street NW, Owatonna, MN 55060

    $150,000

    Nice commercial lot on the northwest edge of town, offered for sale.

    View details
    Prime Commercial Land I-35 Frontage
    Prime Commercial Land I-35 Frontage

    140 Alexander Drive SE Owat, Owatonna, MN 55060

    Contact for pricing

    Commercial land with I-35 frontage and high exposure.

    View details
    Owatonna Retail Pad Site
    Owatonna Retail Pad Site

    1450 21ST AVE NW |, Owatonna, MN 55060

    Contact for pricing

    Pad site available for ground lease in Owatonna's retail area.

    View details
    Showroom and Warehouse Building
    Showroom and Warehouse Building

    3745 Hoffman Drive NW, Owatonna, MN 55060

    Contact for pricing

    All-steel frame building includes a front showroom and rear warehouse with 10' overhead doors and 12' ceilings.

    View details
    Light Industrial Land Opportunity
    Light Industrial Land Opportunity

    1101 SW 24th Ave, Owatonna, MN 55060

    Contact for pricing

    Industrial land offered for sale, zoned Light Industrial and positioned for access to I-35 in Owatonna.

    View details
    Owatonna Commercial Land Available
    Owatonna Commercial Land Available

    BLK 9 Lot 5, Owatonna, MN 55060

    Contact for pricing

    Commercial land for sale in Northeast Owatonna.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Owatonna, MN, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

    Off-Market Properties in Owatonna, MN

    Consider similar Off-Market properties in Owatonna, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    112 Oak Ave
    COMMERCIAL (GENERAL)

    112 Oak Ave, Owatonna, MN 55060-2311

    $215,000
    Estimated value
    3,196 sqft
    View details
    Owatonna, MN 55060
    INDUSTRIAL (GENERAL)

    Owatonna, MN 55060

    $1,840,000
    Estimated value
    3.86 AC lot
    View details
    225 Cedardale SE Dr
    COMMERCIAL (GENERAL)

    225 Cedardale SE Dr, Owatonna, MN 55060-4425

    $680,000
    Estimated value
    View details
    141 Allan Ave
    COMMERCIAL (GENERAL)

    141 Allan Ave, Owatonna, MN 55060-2767

    $375,000
    Estimated value
    View details

    Owatonna, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Owatonna, MN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 163,199 square feet of properties for sale, with an estimated market value of $5,810,000.

    Sale prices for business properties in Owatonna, MN start at $100,000, averaging $726,250, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

    Identify Owatonna submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55060 $718.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Commercial real estate for Sale Near Owatonna, MN

    Popular Searches in Owatonna, MN

    Popular Categories

    Most Searched ZIP Codes in Owatonna, MN

    • 55060

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!