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Motel With Extended-Stay Units
For Sale
$1,350,000

1418 S Oak Avenue, Owatonna, MN 55060

Commercial Sale, Owatonna, MN

Property SizeContact for details
Lot Size0.53 Acres
Days on Market11

Property Features for 1418 S Oak Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bedrooms 25
Bathrooms 25
Full bathrooms 25
Rooms Bathroom 23, Bedroom 9, Bedroom 23, Bathroom 13, Bedroom 8, Bathroom 25, Bedroom 6, Bedroom 12, Bedroom 19, Bedroom 21, Bedroom 16, Bedroom 15, Bathroom 2, Bathroom 12, Bathroom 5, Bathroom 19, Bedroom 20, Bedroom 10, Bathroom 22, Bathroom 11, Bedroom 25, Bedroom 22, Bathroom 1, Bedroom 5, Bathroom 18, Bedroom 14, Bedroom 24, Bathroom 10, Bedroom 11, Bathroom 17, Bathroom 8, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 6, Bathroom 20, Bathroom 24, Bedroom 7, Bathroom 4, Bathroom 21, Bedroom 13, Bedroom 18, Bathroom 3, Bedroom 2, Bathroom 16, Bedroom 17, Bathroom 14, Bathroom 7, Bathroom 15, Bathroom 9
Window features Blinds
Appliances Cooktop, Range, Refrigerator
Subdivision South Oak Comm Twnhs
Lot features Corner Lot
High school district Owatonna
Directions Coming S on 35 turn left on Hwy 14 going towards Rochester. Get off 1st exit to Owatonna on right side. Go straight on Oak for about 2 lights down past HyVee grocery store until you see Oakdale Motel on left side.
Standard status Active
APN 174320114
Lot size 0.53 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4448

Utilities

Heating system Baseboard

Building Details

Year built 1953
Building materials Frame
Roof type Shingle
Listing Agency: Real Broker, LLC
Listed By: Martina Narvaez
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 27 at 2:06PM
MLS# 7146134

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This motel property includes 25 total units, comprising 13 traditional motel rooms and 12 extended-stay units. The improvements also include a four-bedroom management residence, a front office, and a lobby with a mini bar and check-in/check-out desk. Construction is frame, with baseboard heating and a shingle roof. The property occupies 0.534 acres and was built in 1953.

Located at 1418 S Oak Avenue in Owatonna, the motel operates near I-35 and US Hwy 14. The hospitality business has operated at this location since 1998, offering both conventional and longer-term lodging formats within the same property. Appliances include a cooktop, range, and refrigerator.

Key Highlights

  • 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

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Real Estate Agency Nail Salon Electrical Service Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55060, MN

29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Motel - Hospitality property combines conventional lodging, extended-stay accommodations, and an on-site management residence.
Where is this motel located?
The property is located at 1418 S Oak Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 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
More about this property
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