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Mixed-Use Property with Apartments
New
For Sale
$525,000

03-307-309 2nd Street NW, Waseca, MN 56093

Commercial Sale, Waseca, MN

Property SizeContact for details
Lot Size0.54 Acres
Days on Market4

Property Features for 03-307-309 2nd Street NW

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Parking features On Street
Subdivision Trowbridges Add
Lot features Corner Lot, Irregular Lot
High school district Waseca
Directions Old US 14 through town, north on 2nd Street. Property at the corner of 2nd and 3rd Ave.
Standard status Active
APN 176150070
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7686

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1960
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Dylan A Maitland
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 24 at 5:06AM
MLS# 7147655

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.

Built in 1960, this mixed-use property combines 9 apartments with 16 self-storage units at 03-307-309 2nd Street NW in Waseca, Minnesota. The apartment component is fully occupied, and residents are responsible for their own heat and electric service. Cooling is provided by wall units.

The property occupies 0.535 acres and includes on-street parking. The building area reported in the source applies only to the main level, while the total building size is not specified. The combination of residential units and self-storage offers multiple operating components within one commercial property.

Key Highlights

  • 9 apartments, with the apartment component fully occupied
  • 16 self‑storage units included
  • 0.535‑acre property in Waseca, MN

Property Analytics

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Current Use

Self storage facilities

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 56093, MN

12,469
Population
5,216
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
92%
High-School Grad
180.5 sq mi
ZIP Area
69
Density / Sq Mi
$73,210
Median Household Income
$42,474
Median Earnings
$829
Median Rent
$214,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combination of occupied apartments and self-storage units supports two established commercial uses.
Where is this mixed-use property located?
The property is located at 03-307-309 2nd Street NW Waseca, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 9 apartments, with the apartment component fully occupied; 16 self‑storage units included; 0.535‑acre property in Waseca, MN
More about this property
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