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    1824 S Cedar Ave Owatonna, MN 55060

    For Sale
    Contact for pricing

    Commercial - Owatonna, MN

    Lot size:
    0.95 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 1824 S Cedar Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    170211106
    Parking features
    Driveway
    Lot size
    0.95 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1976
    Architectural style
    Other

    Worth Clark Inc (800) 991-6092 [email protected]

    Listing agent Brycen Nicholas Gregor (612) 759-5180

    Listing date Jun 16, 2025

    MLS# 6740021 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

    Owatonna Commercial Space For Sale

    This commercial property, located in Owatonna, MN, is a former restaurant space offering a number of reuse options. The property is situated within a multi-tenant mall, benefiting from healthy traffic counts. Its location offers close proximity to HWY 14 and 35. The lot size is 0.954 acres. The zoning is designated as Business/Commercial, allowing for a range of potential uses. The property is suitable for restaurants, retail, and shopping centers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.226768
    Latitude
    44.065403

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space with reuse options in multi-tenant mall.
    Where is this restaurant located?
    The property is located at 1824 S Cedar Ave Owatonna, MN.
    What is the asking price?
    The asking price for this property is $1.25.
    What are key features of this property?
    This property features: - Large footprint suitable for various reuse options; - Located in a multi-tenant mall with healthy traffic counts; - Close proximity to HWY 14 and 35
    (612) 759-5180
    Request Owner's contact information
    1824 S Cedar Ave Owatonna, MN 55060
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    Owatonna, MN 55060
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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
    1824 S Cedar Ave Owatonna, MN 55060
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