Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    600 Hoffman Dr Owatonna, MN 55060

    Sponsored
    For Sale
    Contact for pricing

    19,300 SF Warehouse on 1.98 Acres

    Property size:
    19,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional industrial property, located at 600 Hoffman Drive in Owatonna, Minnesota, presents a significant opportunity for businesses seeking a substantial warehouse space. The property boasts a generous 19,300 square feet of versatile interior space, ideal for a variety of industrial, manufacturing, or storage applications. Situated on a sizable 1.98-acre lot, the property offers ample room for expansion, outdoor storage, or maneuvering large vehicles. The building's location in Owatonna provides easy access to major transportation routes, facilitating efficient logistics and distribution. The asking price for this substantial property is $9,000,000. This represents a compelling investment opportunity in a thriving Minnesota market. The property's size and location make it suitable for a wide range of businesses seeking to establish or expand their operations in a strategic location. The expansive lot provides flexibility for future development or operational needs. Serious inquiries are encouraged to explore the potential of this exceptional industrial property. Detailed specifications and site plans are available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in Owatonna. The property is ready for immediate occupancy, offering a seamless transition for businesses seeking a new home. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 600 Hoffman Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    19,300 SF
    Lot Size
    86,249 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.23056
    Latitude
    44.08944

    Nearby Similar for Sale

    • $388,900
      0.12 Acres

      Owatonna Commercial Building with Apartments

      Well-maintained commercial building with retail space and residential apartments.
      315 N Cedar Ave, Owatonna, MN 55060
      View Details
    • $719,900
      1.12 Acres

      Owatonna Commercial Office Building For Sale

      2,785 sq ft commercial office building in prime location.
      225 Cedardale Dr SE, Owatonna, MN 55060
      View Details
    • $1,032,000
      0.16 Acres

      Versatile Commercial Building in Owatonna

      4,000 SF commercial building suitable for various business uses.
      345 Florence Ave, Owatonna, MN 55060
      View Details
    • $699,900
      0.46 Acres

      Owatonna Car Wash Business Opportunity

      Car wash in developing area with automatic and self-serve bays.
      195 Landmark Dr NE, Owatonna, MN 55060
      View Details
    • $354,900
      1,511 SF

      Immaculate Two-Bedroom Townhome

      Like-new, single-level townhome with heated garage and modern finishes.
      2882 Meadowview Ln NE, Owatonna, MN 55060
      View Details
    • $425,000

      Light-Filled Townhome with Quality Finishes

      Tastefully finished townhome with flowing floor plan and natural privacy.
      2065 Raspberry Ridge Pl NE, Owatonna, MN 55060
      View Details
    • Contact for pricing
      7,569 SF

      Brew Pub Opportunity

      Second-generation brew pub with equipment and expansion potential.
      131 W Broadway St, Owatonna, MN 55060
      View Details
    • $600,000
      8,000 SF

      Owatonna Warehouse with Freezer System

      8,000 SF warehouse featuring a freezer system and docks.
      2795 Park Dr, Owatonna, MN 55060
      View Details
    • $442,500
      4,792 SF

      Owatonna 7-Unit Apartment Building

      Historic Charm, Excellent Cash Flow
      717 Cedar Ave, Owatonna, MN 55060
      View Details
    • $757,000
      2,785 SF

      Prime Owatonna Office Building

      Versatile office space, ideal location.
      225 Cedardale Dr, Owatonna, MN 55060
      View Details
    • $1,032,000
      4,000 SF

      Prime Owatonna Commercial Building

      4,000 sq ft, flexible layout, I-35 access
      345 Florence Ave, Owatonna, MN 55060
      View Details
    • $757,000
      2,785 SF

      Owatonna Office Building for Sale

      Class A Office, 2,785 sq ft, 100% Occupied
      225 Cedardale Dr, Owatonna, MN 55060
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 19,300 SF Warehouse on 1.98 Acres
    Where is this commercial real estate located?
    The property is located at 600 Hoffman Dr Owatonna, MN.
    What is the asking price?
    The asking price for this property is $9.
    (952) 797-9999
    Request Owner's contact information
    600 Hoffman Dr Owatonna, MN 55060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    600 Hoffman Dr
    Owatonna, MN 55060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    600 Hoffman Dr Owatonna, MN 55060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.