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    Mixed-Use Income Property Title is generated by Realmo AI

    102 State St N, Waseca, MN 56093

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    For Sale
    $495,000

    Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

    Type:Multi Tenant Office
    Added:
    Jun 22, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 24 at 3:53 am

    Property Features for 102 State St N

    General Information

    Standard status
    Active
    Property subtype
    Multi Tenant Office

    Building Details

    Year Built
    1906

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    Scott Naasz
    Scott Naasz

    Listing office North Star Commercial Real Estate Advisors

    Listing date Jun 22, 2026

    Source Thebrokerlist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of North Star Commercial Real Estate Advisors

    HighLights

    • Two adjacent downtown Waseca buildings (100 and 102 State St N) built in 1906
    • 100 State St N includes three short‑term rental units, main‑level retail/office space, two event spaces, and a restaurant space
    • 102 State St N features a main‑level retail area, flexible short‑term rental and event space, plus additional storage
    • Multiple space types across both buildings: retail, office, restaurant, event spaces, and short‑term rental units
    • Additional storage opportunities can support extra rental income or operations

    Overview

    This for-sale offering includes two adjacent buildings, 100 and 102 State St N, providing a diversified mix of income-generating and flexible spaces. Building 100 includes three short-term rental units, two event spaces, a main-level retail office space, and a restaurant space. Building 102 features a spacious main-level retail area, a flexible short-term rental and event space, and additional storage opportunities. The buildings are described as having modern updates throughout, supporting a functional mix of uses.

    Located in the heart of downtown Waseca, the property is positioned for strong visibility and foot traffic, with proximity to local amenities as described in the remarks. The site is reached via directions from I-35 and state routes toward Waseca, with the destination on the right.

    The combination of retail, office, event, restaurant, and short-term rental components makes the property broadly usable for an owner-operator or investor looking for multiple operating models under one roofline. On-site storage adds practicality for daily operations, leasing workflows, or event-related needs, while the event-ready spaces can support a range of gatherings depending on how the spaces are configured and used.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Waseca
    County
    Waseca
    State
    Minnesota
    Longitude
    -93.5076848
    Latitude
    44.0773912

    FAQs

    What type of property is this?
    Short term rental property - Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.
    Where is this short term rental property located?
    The property is located at 102 State St N Waseca, MN.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Two adjacent downtown Waseca buildings (100 and 102 State St N) built in 1906; 100 State St N includes three short‑term rental units, main‑level retail/office space, two event spaces, and a restaurant space; 102 State St N features a main‑level retail area, flexible short‑term rental and event space, plus additional storage
    More about this property
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