25-Unit Motel with Manager
For Sale
$1,350,000
1418 S Oak Avenue, Owatonna, MN 55060
Traditional and extended-stay accommodations share the property with a management residence and a staffed front office.
Property SizeContact for details
Days on Market28
Property Features for 1418 S Oak Avenue
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
[]
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
No Stairs External
Building Details
Year Built
1953
Listing Agency:
Real Broker,LLC
Listed By:
Martina Narvaez
(612) 600-6000
Source:
C21atwood
Added: Sep 16
Changed: Oct 10
Last Checked: Oct 12 at 8:20PM
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 Real Broker,LLC
Investment Insights
Based on property information with market context.
This 25-unit motel combines 13 traditional rooms with 12 extended-stay units. The property also includes a four-bedroom management residence, a front office and lobby, and a minibar and check-in/check-out desk. The building dates to 1953, and the motel has operated since 1998.
Located in Owatonna near I-35 and US Hwy 14, the property serves the city and surrounding communities. Its lodging mix accommodates both short-term and extended stays.
Located in Owatonna near I-35 and US Hwy 14, the property serves the city and surrounding communities. Its lodging mix accommodates both short-term and extended stays.
Key Highlights
- 25 units: 13 traditional motel rooms and 12 extended‑stay units
- Four‑bedroom management residence
- Front office and lobby with minibar and check‑in/check‑out desk
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
Well-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Motel - Traditional and extended-stay accommodations share the property with a management residence and a staffed front office.
Where is this motel located?
The property is located at 1418 S Oak Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 25 units: 13 traditional motel rooms and 12 extended‑stay units; Four‑bedroom management residence; Front office and lobby with minibar and check‑in/check‑out desk
