Listing Agency: Coldwell Banker Home Connection c***@gmail.com Show Phone

Listed By: Chad Hacker · License #503502331

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 7:45AM

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Investment Insights

Based on property information with market context.

This office building is fully leased and features a layout with multiple offices and identified office uses. The property is located at 1414 S Oak Avenue in Owatonna Twp, Minnesota 55060.

Key Highlights

• Fully leased office building
• Multiple offices within the property layout
• Located at 1414 S Oak Avenue, Owatonna Twp, MN 55060

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Nail Salon Electrical Service Big Box & Wholesale Store Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

478

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

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - The property includes multiple offices arranged for varied office uses.

Where is this office building located?

The property is located at 1414 S Oak Avenue Owatonna, MN.

What are key features of this property?

This property features: Fully leased office building; Multiple offices within the property layout; Located at 1414 S Oak Avenue, Owatonna Twp, MN 55060