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    Owatonna, MN
    Hospitality

    Owatonna, MN Hospitality Properties for Sale

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    Hutchinson, MN Medford, MN Claremont, MN Waseca, MN Warsaw, MN Faribault, MN Ellendale, MN Morristown, MN
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    34-Unit Hotel with Bus Parking
    34-Unit Hotel with Bus Parking

    1530 Main Street, Osage, IA 50461

    $957,500
    15,320 sqft

    34-unit hotel offering a 24-hour front desk, manager’s apartment, and parking for buses, trailers, RVs, and trucks.

    View details
    34-Unit Hotel with Guest Services
    34-Unit Hotel with Guest Services

    1530 Main Street, Osage, IA 50461

    $957,500
    1.22 AC lot

    Operating hospitality property with on-site management, guest amenities, and vehicle parking for buses, trailers, RVs, and trucks.

    View details
    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.

    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.

    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.

    View details

    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%

    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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