Versatile Commercial Building Near
For Sale
$1,032,000
345 Florence Avenue, Owatonna, MN 55060
4,000 SF commercial building suitable for various business uses.
Property Size4,000 SF
Lot Size0.16 Acres
Price / SF$258
Days on Market886
Property Features for 345 Florence Avenue
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2006
Listing Agency:
RE/MAX Venture
(507) 456-2545
Listed By:
Matt Gillard · License #40496473
(507) 456-2545
Source:
Exitrealty
Added: Feb 26, 2024
Changed: Jul 10
Last Checked: Jul 31 at 5:38AM
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 RE/MAX Venture
Investment Insights
Based on property information with market context.
This 4,000 square foot commercial building is currently configured for two distinct businesses, each featuring separate offices, reception areas, meeting spaces, storage, break rooms, and large flex spaces. A common area with restrooms separates the two business spaces. The building's design allows for continued use in its present configuration or a complete redesign to suit a single occupant's needs, accommodating professional services, collaborative space, or medical use. The interior walls are non-load-bearing, offering flexibility to add offices, create more conference space, or expand open areas. The property is located 0.2 mile from I-35 access and provides ample parking.
Key Highlights
- 4,000 sq ft commercial building in a great location.
- Currently configured for 2 distinct businesses with separate offices, reception areas, meeting space, storage, break rooms and large flex spaces.
- Flexible design with non‑load‑bearing interior walls allowing for easy redesign and customization.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 55060, MN
29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 4,000 SF commercial building suitable for various business uses.
Where is this office building located?
The property is located at 345 Florence Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $1,032,000.
What are key features of this property?
This property features: 4,000 sq ft commercial building in a great location.; Currently configured for 2 distinct businesses with separate offices, reception areas, meeting space, storage, break rooms and large flex spaces.; Flexible design with non‑load‑bearing interior walls allowing for easy redesign and customization.
