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    102 State St N Waseca, MN 56093

    For Sale
    $620,000

    Commercial - Waseca, MN

    Lot size:
    0.15 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 102 State St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    171001400
    Parking features
    Paved or Surfaced
    Exterior features
    Brick/Stone
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1908
    Architectural style
    Other

    EXP REALTY (612) 751-9303 [email protected]

    Listing agent Bonnie H. Nguyen (320) 500-4397

    Listing date Oct 15, 2025

    MLS# 6714244 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waseca Downtown Investment Opportunity

    Located in downtown Waseca, 100 and 102 State St N offer an investment opportunity with income-generating spaces and modern updates. 100 State is a multi-use property that includes three short-term rental units, two event spaces, and a main-level retail office space. The building also features a restaurant space. 102 State complements this with a retail area on the main level, a flexible short-term rental and event space, and storage opportunities. Situated in a prime location with high visibility and foot traffic, these buildings offer possibilities for rental income, business operations, and event hosting. The lot size is 0.149 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waseca
    County
    Waseca
    State
    Minnesota
    Longitude
    -93.507052
    Latitude
    44.077763

    Nearby Similar for Sale

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      Waseca Downtown Investment Opportunity

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    FAQs

    What type of property is this?
    Retail space - Multi-use property with rental, event, retail, and restaurant spaces.
    Where is this retail space located?
    The property is located at 102 State St N Waseca, MN.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: - Prime downtown location in Waseca with high visibility and foot traffic.; - Diverse income streams from short-term rentals, event spaces, retail/office space, and a restaurant.; - Two buildings (100 and 102 State St N) offering a unique blend of functionality and charm.
    (320) 500-4397
    Request Owner's contact information
    102 State St N Waseca, MN 56093
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    Waseca, MN 56093
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 State St N Waseca, MN 56093
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