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    Owatonna, MN
    Conventional Restaurant

    Owatonna, MN Conventional Restaurants for Sale

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    Owatonna Restaurant Investment Opportunity
    Updated: Feb 26
    Owatonna Restaurant Investment Opportunity

    4355 W Frontage Rd |, Owatonna, MN 55060

    $1,195,000
    6,079 sqft
    Prime Interstate 35 frontage retail location in Owatonna, Minnesota.
    Existing Triple Net Lease in place through November 2026, providing in‑place income.
    Base rent of $5,000 or 6.0% of Gross Monthly Sales, representing a 7.00% CAP.
    100% occupancy with lease to RIB KINGS OF OWATONNA INC.
    6,079 SF building built in 2004.
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    Retail
    Updated: Apr 6
    Retail

    4255 Frontage Rd W, Owatonna, MN 55060

    $1,200,000
    5,843 sqft
    5,843 SF fully operational restaurant at 4255 W Frontage Road, Owatonna, MN 55060, offered for sale and lease
    Spacious dining area with full‑service bar and a large outdoor patio with wood‑burning firepit
    Kitchen includes two separate hood systems and three walk‑in coolers/freezers for high‑volume service
    FF&E included with sale; lease requires tenant purchase of FF&E
    Large paved parking lot and prominent pylon signage available
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    Quick-Service Restaurant Building
    Quick-Service Restaurant Building

    105 S Oak Ave, Owatonna, MN 55060

    $360,000
    1,266 sqft

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

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Mixed-Use Income Property
    Mixed-Use Income Property

    102 State St N, Waseca, MN 56093

    $495,000

    Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

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    Restaurant for Sale with Pizza Oven
    Restaurant for Sale with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $154,900

    For-sale family restaurant with seating for 106 and a kitchen featuring a pizza oven.

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    Established Restaurant with Pizza Oven
    Established Restaurant with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $164,900

    Family-owned restaurant with seating for 106 and pizza oven.

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    Turnkey Restaurant Bar on Lakeshore
    Turnkey Restaurant Bar on Lakeshore

    406 9th St NE, Waseca, MN 56093

    $675,000
    4,564 sqft

    Established restaurant and bar with 130' of lakeshore.

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    Owatonna, MN Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Owatonna, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,188 square feet of properties for sale, with an estimated market value of $2,755,000.

    Sale prices for conventional restaurants in Owatonna, MN start at $360,000, averaging $918,333, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Pubs 1

    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 $1.2M

    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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