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    207-211 N Cedar Ave Owatonna, MN 55060

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    For Lease
    $17 SF/Yr ($2,550 /Mo)

    Retail space available in Owatonna's new downtown development.

    Property size:
    1,800 SF
    Lot size:
    0.17 Acres

    Property Features for 207-211 N Cedar Ave

    General Information

    Size
    1,800 SF
    Lot size
    0.17 Acres

    Source: Hamilton Real Estate Agent Ari Kolas

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

    Overview

    Retail Space in Downtown Owatonna

    Available for lease is a retail space of approximately 1800 square feet. The property is situated at 211 Cedar Ave North, within the new development in downtown Owatonna. The location is positioned between the Courtyard Marriott Hotel and a renovated full-service restaurant at the corner of Pearl and Vine Streets. A new streetscape has been installed throughout the area.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.225615
    Latitude
    44.086147

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    FAQs

    What type of property is this?
    Retail space - Retail space available in Owatonna's new downtown development.
    Where is this retail space located?
    The property is located at 207-211 N Cedar Ave Owatonna, MN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Located in the new development of Downtown Owatonna.; - 1800 square foot space available for lease.; - Situated between the new Courtyard Marriott Hotel and a renovated full-service restaurant.
    (507) 271-5553
    Request Owner's contact information
    207-211 N Cedar Ave 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
    207-211 N Cedar Ave Owatonna, MN 55060
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