Industrial

Owatonna, MN Industrial Properties for Sale

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Medford, MN Claremont, MN Waseca, MN
Versatile Commercial Building Near I-35
Updated: Feb 26, 2024
Versatile Commercial Building Near I-35

345 Florence Avenue, Owatonna, MN 55060

$1,032,000
4,000 sqft · 0.16 AC lot
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.
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, 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.

New Commercial Building with Shop
New Commercial Building with Shop

1095 Bioscience SE Drive, Pine Island, MN 55963

$740,000
2,400 sqft · 1.02 AC lot

Built in 2021, featuring shop, cold storage, security.

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Prime Office, Retail, Flex Space
Prime Office, Retail, Flex Space

201 Lyndale S Avenue, Faribault, MN 55021

Contact for pricing
88,003 sqft · 7.40 AC lot

Up to 23,000 SF of flexible commercial space available.

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Industrial Building on Spacious Lot
Industrial Building on Spacious Lot

224 1st St NE Pine Islan, Pine Island, MN 55963

Contact for pricing
7,200 sqft

7200 SF industrial building on 1 acre lot.

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Faribault Warehouse with Office Space
Faribault Warehouse with Office Space

128 15th St, Faribault, MN 55021

Contact for pricing
30,000 sqft

Warehouse space with loading docks and office in Faribault.

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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.

Industrial Park Land Parcel
Industrial Park Land Parcel

18th Street SW, Owatonna, MN 55060

$850,000
39.48 AC lot

Commercial or agricultural land with nearly 40 acres fronting a paved road and convenient access to major highways.

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Medford, MN Open Space Land
Medford, MN Open Space Land

8292 Cabot Avenue, Medford, MN 55049

$225,000
2.72 AC lot

Open space suitable for various uses, including cannabis business.

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Commercial Industrial Land Parcel
Commercial Industrial Land Parcel

Outlot Honeylocust, Northfield, MN 55057

$899,787
9.27 AC lot

Commercial/industrial land with highway access, suitable for expanding or launching a business in Northfield.

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Limited Industrial Development Site
Limited Industrial Development Site

US I-90, Albert Lea, MN 56007

$557,800
13.50 AC lot

Industrial-zoned land with substantial I-90 frontage and completed wetland delineation for development planning.

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Off-Market Properties in Owatonna, MN

Consider similar Off-Market properties in Owatonna, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Owatonna, MN 55060
INDUSTRIAL (GENERAL)

Owatonna, MN 55060

$1,840,000
Estimated value
3.86 AC lot
View details
801 Cedar Ave
INDUSTRIAL (GENERAL)

801 Cedar Ave, Owatonna, MN 55060-1138

Value Estimation by Request
View details
3385 Hoffman NW Dr
INDUSTRIAL (GENERAL)

3385 Hoffman NW Dr, Owatonna, MN 55060-1041

$600,000
Estimated value
View details
1201 12th NW Ave
INDUSTRIAL (GENERAL)

1201 12th NW Ave, Owatonna, MN 55060-1103

Value Estimation by Request
View details
1210 Frontage Rd
INDUSTRIAL (GENERAL)

1210 Frontage Rd, Owatonna, MN 55060-6283

$2,450,000
Estimated value
View details
1174 Brady NW Blvd
INDUSTRIAL (GENERAL)

1174 Brady NW Blvd, Owatonna, MN 55060

$2,450,000
Estimated value
View details
2424 Hoffman Dr
INDUSTRIAL (GENERAL)

2424 Hoffman Dr, Owatonna, MN 55060-1051

$550,000
Estimated value
View details
555 Halvelka Pl
INDUSTRIAL (GENERAL)

555 Halvelka Pl, Owatonna, MN 55060-1184

Value Estimation by Request
View details
400 Alexander SW Dr
INDUSTRIAL (GENERAL)

400 Alexander SW Dr, Owatonna, MN 55060-4724

Value Estimation by Request
View details
2100 Park Dr
INDUSTRIAL (GENERAL)

2100 Park Dr, Owatonna, MN 55060-4907

$1,500,000
Estimated value
7.41 AC lot
View details
205 24th SW Ave
INDUSTRIAL (GENERAL)

205 24th SW Ave, Owatonna, MN 55060

$3,250,000
Estimated value
View details
627 Cedar Ave
INDUSTRIAL (GENERAL)

627 Cedar Ave, Owatonna, MN 55060

Value Estimation by Request
View details
Owatonna, MN 55060
INDUSTRIAL (GENERAL)

Owatonna, MN 55060

Value Estimation by Request
3.43 AC lot
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4500 County Rd 45
INDUSTRIAL (GENERAL)

4500 County Rd 45, Owatonna, MN 55060-6192

$600,000
Estimated value
5.62 AC lot
View details
1055 28th NW Ave
INDUSTRIAL (GENERAL)

1055 28th NW Ave, Owatonna, MN 55060-4942

Value Estimation by Request
2.53 AC lot
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5220 Lemond Rd
INDUSTRIAL (GENERAL)

5220 Lemond Rd, Owatonna, MN 55060-4990

Value Estimation by Request
3.00 AC lot
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4190 8th St
INDUSTRIAL (GENERAL)

4190 8th St, Owatonna, MN 55060

Value Estimation by Request
40.45 AC lot
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Owatonna, MN 55060
INDUSTRIAL (GENERAL)

Owatonna, MN 55060

Value Estimation by Request
31.04 AC lot
View details
3205 Hoffman NW Dr
INDUSTRIAL (GENERAL)

3205 Hoffman NW Dr, Owatonna, MN 55060-1074

$800,000
Estimated value
View details
3205 Hoffman NW Dr
INDUSTRIAL (GENERAL)

3205 Hoffman NW Dr, Owatonna, MN 55060-1074

$800,000
Estimated value
View details
3205 Hoffman NW Dr
INDUSTRIAL (GENERAL)

3205 Hoffman NW Dr, Owatonna, MN 55060-1074

$800,000
Estimated value
View details
610 Riverside Ave
INDUSTRIAL (GENERAL)

610 Riverside Ave, Owatonna, MN 55060-1163

Value Estimation by Request
View details
Riverside Ave
INDUSTRIAL (GENERAL)

Riverside Ave, Owatonna, MN 55060

Value Estimation by Request
View details

Owatonna, MN Industrial Properties Market Trends and Statistics

Explore 72 industrial properties 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 industrial buildings 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

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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