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151 W BRIDGE ST, Owatonna, MN 55060

Bridge Street property near downtown Owatonna with B3 Central Business zoning.

Property Size7,924 SF
Price / SF$47.83
Days on Market94

Property Features for 151 W BRIDGE ST

General Information

Standard status Active
Size 7,924 SF
Class C
Total Parking Spaces 3
Property subtype Multifamily, Mixed Use, Office
Zoning B3 Central Business
Occupancy 60%
Lease Type Net
Investment Type Stabilized
Net Operating Income $33,078

Building Details

Year Built 1926
Year Renovated 2022
Buildings 1
Units 6
Tenancy Single
Listing Agency: Stadheim Properties
Listed By: Darrin Stadheim · License #40929303
Source: Crexi
Added: Jul 15 Changed: Oct 5 Last Checked: Oct 16 at 7:13AM

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 Stadheim Properties

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Investment Insights

Based on property information with market context.

This mixed-use property at 151 W Bridge St in Owatonna, Minnesota, contains 7,924 square feet and was constructed in 1926. The building occupies a position along Bridge Street near the downtown district and is designated B3 Central Business zoning.

Key Highlights

  • 7,924‑square‑foot mixed‑use property
  • Constructed in 1926
  • B3 Central Business zoning

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Storage Facility Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

873
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Bridge Street property near downtown Owatonna with B3 Central Business zoning.
Where is this mixed-use property located?
The property is located at 151 W BRIDGE ST Owatonna, MN.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 7,924‑square‑foot mixed‑use property; Constructed in 1926; B3 Central Business zoning
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