Hospitality

Owatonna, MN Hospitality Properties for Sale

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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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1 active listing matches your search: Hospitality for sale in Owatonna, MN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

32-Room Hotel with Redevelopment Potential
32-Room Hotel with Redevelopment Potential

5346 Minnehaha Ave, Minneapolis, MN 55417

Contact for pricing
0.58 AC lot

Functioning 32-room hotel on a two-parcel site zoned CM2 Corridor Mixed Use.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

Contact for pricing
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Historic Minneapolis Landmark For Sale
Historic Minneapolis Landmark For Sale

100 E 22 St, Minneapolis, MN

Contact for pricing
20,652 sqft 0.42 AC lot

Iconic property with versatile potential in Kenwood neighborhood.

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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.

Interstate Commercial Development Land
Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

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Owatonna, MN Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Owatonna, MN on our real estate platform.

Sale prices for hospitality properties in Owatonna, MN average $1,350,000 — 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

Motels 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 $1.4M

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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