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    Owatonna, MN
    Conventional Restaurant

    Owatonna, MN Conventional Restaurants for Sale

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    Hutchinson, MN Medford, MN Claremont, MN Waseca, MN Warsaw, MN Faribault, MN Ellendale, MN Morristown, MN
    Freestanding Restaurant with Interstate Exposure
    Updated: Jan 1
    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 in a freestanding Famous Dave’s BBQ restaurant in Owatonna, MN.
    NNN lease through November 2026 to Rib Kings of Owatonna, LLC (operated continuously since the building was constructed in 2004).
    NNN lease rent is rolling monthly: 6.00% of gross sales or $5,000 per month, whichever is greater.
    2025 NOI was roughly $82,000, implying a 7.00% cap rate on the sale price.
    Property sits on 1.45 acres with direct I‑35 frontage exposure; building size is 6,079 SF.
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    Quick-Service Restaurant Building
    Updated: Feb 9
    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 for quick‑service restaurant operations
    Includes a walk‑in cooler/freezer
    Located in Downtown Owatonna, MN in the downtown retail and dining district
    High‑visibility site with convenient access to I‑35/US‑14 and major corridors
    Former restaurant setup includes an established layout suited for efficient operations
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Motel with Indoor Waterpark
    Motel with Indoor Waterpark

    2365 43rd St NW, Owatonna, MN 55060

    Contact for pricing

    Hospitality property featuring an on-site bar, restaurant, indoor pool, and waterpark.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turn-Key Restaurant with Commercial Kitchen
    Turn-Key Restaurant with Commercial Kitchen

    2041 Blazing Star Dr, Mankato, MN 56001

    $1,450,000
    2,955 sqft

    2019-built restaurant renovated in 2025, with kitchen/bar equipment, 18' Ansul exhaust hood, and walk-in cooler/freezer.

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    Single-Story Restaurant Building
    Single-Story Restaurant Building

    204 1st Ave, Pemberton, MN 56078

    $249,000
    1,352 sqft

    Restaurant and bar property with expanded interior space, two bar areas, fenced patio seating, parking, and included equipment.

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    Single-Story Restaurant and Bar
    Single-Story Restaurant and Bar

    204 1st Avenue, Pemberton, MN 56078

    $249,000
    0.21 AC lot

    Established hospitality property with two bar areas, a fenced outdoor dining patio, on-site parking, and included appliances.

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    Upper-Level Restaurant Space
    Upper-Level Restaurant Space

    90 Power Dr, Mankato, MN 56001

    Contact for pricing

    Restaurant space within a commercial property constructed in 2021.

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    Owatonna, MN Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Owatonna, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,188 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Bars & Pubs 2
    Commercial kitchens 1
    Pubs 1

    Demographics Overview

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

    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

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