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    Owatonna, MN Flex Space for Sale

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    Medford, MN Claremont, MN Waseca, MN
    Versatile Commercial Building Near I-35
    $1,032,000
    4,000 SF
    Versatile Commercial Building Near I-35

    345 Florence Avenue, Owatonna, MN 55060

    4,000 SF commercial building suitable for various business uses.
    • 4,000 sq ft commercial building in a great location.
    • Currently configured for 2 distinct businesses with separate offices, reception areas, meeting space, storage, break rooms and large flex spaces.
    • Flexible design with non‑load‑bearing interior walls allowing for easy redesign and customization.
    • Suitable for various uses: professional services, collaborative space, or medical use.
    • Conveniently located 0.2 mile from I‑35 access.
    Updated: Feb 26, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mankato Flex Space with Showroom
    $847,620
    9,972 SF
    Mankato Flex Space with Showroom

    Flex space featuring showroom, shop area, and highway access.

    756 Main St W, Mankato, MN

    View details
    FlexSpace Storage Units For Sale
    $195,000
    1,125 SF
    FlexSpace Storage Units For Sale

    FlexSpace storage units suitable for various uses, coming in 2026.

    222nd St W, Lakeville, MN

    View details
    Flex Space with High Ceilings
    $189,000
    1,080 SF
    Flex Space with High Ceilings

    30x36 flex space featuring 12-foot ceilings and overhead door.

    1020 S Victory Drive, Mankato, MN 56001

    View details
    Lakeville Flex/Industrial Property For Sale
    $6,750,000
    89,775 SF
    Lakeville Flex/Industrial Property For Sale

    Flex/Industrial property available for sale in Lakeville, Minnesota.

    11356 215th St W, Lakeville, MN 55044

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mankato Land Parcel For Sale
    $1,687,598
    16.21 Acres
    Mankato Land Parcel For Sale

    16.21 acre commercial/light industrial land with high visibility.

    TBD #2 Adams Street, Mankato, MN 56001

    View details
    Mankato Commercial Land For Sale
    $165,000
    1.08 Acres
    Mankato Commercial Land For Sale

    Accessible 1.083 acre lot suitable for various businesses.

    1763 Bassett Drive, Mankato, MN 56001

    View details
    Industrial Land Ready to Build
    $200,000
    7.67 Acres
    Industrial Land Ready to Build

    Industrial lots available in WAIDA Business Park, Winona, Minnesota.

    Winona, MN 55987

    View details
    Barron, WI Commercial Land
    $96,600
    4.80 Acres
    Barron, WI Commercial Land

    Shovel-ready commercial land in Barron's Industrial Park.

    Guy Avenue lot: 7, Barron, WI 54812

    View details

    Owatonna, MN Flex Space Investment Opportunities Market Analysis

    Explore 1 flex space for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $1,032,000.

    Sale prices for business spaces in Owatonna, MN start at $1,032,000, averaging $1,032,000, and reaching up to $1,032,000 — 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

    Warehouses 3
    Flex space 1
    Manufacturing properties 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 $1M

    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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