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    Owatonna, MN

    Owatonna, MN Commercial Real Estate for Sale

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    16 properties
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    Office Building with Private Parking
    Updated: Sep 3
    Office Building with Private Parking

    152 E Pearl Street, Owatonna, MN 55060

    $500,000
    0.20 AC lot
    2,252 square feet on the main level with 8 offices and 3 bathrooms
    Conference room, lobby, and large reception area with concrete countertop
    High‑ceiling basement provides storage and potential expansion space
    Private parking lot and driveway on a 0.202‑acre parcel
    New roof and freshly painted exterior
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    Motel With Extended-Stay Units
    Updated: Sep 17
    Motel With Extended-Stay Units

    1418 S Oak Avenue, Owatonna, MN 55060

    $1,350,000
    0.53 AC lot
    25 total units: 13 traditional motel units and 12 extended‑stay units
    Four‑bedroom management residence included
    Front office and lobby with mini bar and check‑in/check‑out desk
    0.534‑acre property built in 1953
    Located near I‑35 and US Hwy 14
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    Office Building with Private Parking
    Office Building with Private Parking

    152 E Pearl Street, Owatonna, MN 55060

    Contact for pricing
    0.20 AC lot

    Configured for professional offices, the property includes multiple workrooms, meeting space, reception areas, and a private parking lot.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Office Building
    Downtown Office Building

    152 E Pearl St, Owatonna, MN 55060

    $500,000
    3,452 sqft

    Flexible professional office layout with private parking, updated exterior finishes, and additional basement storage.

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    Owatonna Land for Business Growth
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot

    78.77 acres suitable for business or agricultural development.

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    Commercial Land with Water Available
    Commercial Land with Water Available

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot

    Commercial parcel on the northwest edge of town with water available at the site.

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    Commercial Land with Water Available
    Commercial Land with Water Available

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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    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.

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    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

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    Flex Space with Yard
    Flex Space with Yard

    1130 State Avenue, Owatonna, MN 55060

    Contact for pricing
    3,216 sqft

    Two-building flex property in the B-2 Community Business district supports contractor, storage, and light manufacturing uses.

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    Retail
    Retail

    4255 Frontage Rd W, Owatonna, MN 55060

    Contact for pricing
    5,843 sqft

    Conventional restaurants · 5,843 SF

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    Mixed-Use Building
    Mixed-Use Building

    151 W BRIDGE ST, Owatonna, MN 55060

    Contact for pricing
    7,924 sqft

    Bridge Street property near downtown Owatonna with B3 Central Business zoning.

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    Commercial Land for Medical Expansion
    Commercial Land for Medical Expansion

    155 28th St NE, Owatonna, MN 55060

    Contact for pricing

    Expansion site within an established medical office setting with B2 Community Business zoning.

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    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.

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    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.

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    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.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 9-Unit Mixed-Use Property
    Renovated 9-Unit Mixed-Use Property

    14 3rd Street NW, Faribault, MN 55021

    $1,095,000
    0.08 AC lot

    Eight apartments feature updated interiors and electric baseboard heat for resident-controlled heating costs.

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    Professional Office Building
    Professional Office Building

    1601 8th St SE, Waseca, MN 56093

    $695,000

    Flexible office layout suited to professional, medical, and general commercial operations.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    213 Central Ave N, Faribault, MN 55021

    $409,000

    Commercial space and two furnished apartments are supported by a full basement with garage access.

    View details
    Turnkey Restaurant Bar on Lakeshore
    Turnkey Restaurant Bar on Lakeshore

    406 9th St NE, Waseca, MN 56093

    Contact for pricing
    4,564 sqft

    Established restaurant and bar with 130' of lakeshore.

    View details

    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

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

    Owatonna, MN 55060

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

    225 Cedardale SE Dr, Owatonna, MN 55060-4425

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

    141 Allan Ave, Owatonna, MN 55060-2767

    Estimated value:
    $375,000
    View details
    902 Hoffman Dr
    COMMERCIAL (GENERAL)

    902 Hoffman Dr, Owatonna, MN 55060-1150

    Estimated value:
    $215,000
    View details
    801 Cedar Ave
    INDUSTRIAL (GENERAL)

    801 Cedar Ave, Owatonna, MN 55060-1138

    Estimated value:
    $365,000
    View details
    3385 Hoffman NW Dr
    INDUSTRIAL (GENERAL)

    3385 Hoffman NW Dr, Owatonna, MN 55060-1041

    Estimated value:
    $415,000
    View details
    215 Cedardale SE Dr
    COMMERCIAL (GENERAL)

    215 Cedardale SE Dr, Owatonna, MN 55060-4425

    Estimated value:
    $255,000
    View details

    Owatonna, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Owatonna, MN, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 26,514 square feet of properties for sale, with an estimated market value of $6,850,000.

    Sale prices for business properties in Owatonna, MN start at $100,000, averaging $978,571, 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.

    Owatonna, MN CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    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 $978.6K

    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%

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