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Downtown Office Building
New
For Sale
$500,000

152 E Pearl St, Owatonna, MN 55060

Flexible professional office layout with private parking, updated exterior finishes, and additional basement storage.

Property Size3,452 SF
Price / SF$144.84
Days on Market2

Property Features for 152 E Pearl St

General Information

Standard status Active
Size 3,452 SF

Additional Details

Office Units 8

Amenities

conference room
lobby
reception area

Building Details

Year Built 1984
Listing Agency: eXp Realty
Listed By: Michelle Jandt
Source: Searchhousesnow
Added: Sep 6 Last Checked: Sep 6 at 2:15PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This 3,452-square-foot office building provides a substantial professional workspace in downtown Owatonna. The 2,252-square-foot main level includes eight offices, a conference room, lobby, reception area with a concrete countertop, and three bathrooms. A high-ceiling basement adds storage and potential expansion space.

The property at 152 E Pearl St includes a private parking lot, a practical feature for a downtown office setting. Recent improvements include a new roof and freshly painted exterior. The configuration is suited to professional office or service-based business use and can accommodate an owner-user seeking an office property with multiple enclosed rooms and supporting common areas.

Key Highlights

  • 3,452‑square‑foot office building at 152 E Pearl St, Owatonna, MN 55060
  • 2,252‑square‑foot main level with 8 offices
  • Conference room, lobby, reception area, and 3 bathrooms

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Skin Care Clinic Bakery Furniture & Home Goods Barber Shop

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

8
Office units

Location Intelligence

Trade Area within ½ mile

851
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible professional office layout with private parking, updated exterior finishes, and additional basement storage.
Where is this office building located?
The property is located at 152 E Pearl St Owatonna, MN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,452‑square‑foot office building at 152 E Pearl St, Owatonna, MN 55060; 2,252‑square‑foot main level with 8 offices; Conference room, lobby, reception area, and 3 bathrooms
More about this property
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