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Office Building with Private Parking
For Sale
$500,000

152 E Pearl Street, Owatonna, MN 55060

Commercial Sale, Owatonna, MN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market49

Property Features for 152 E Pearl Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Driveway, Parking Lot
Appliances Refrigerator
Subdivision Original Town
Lot features Corner Lot
High school district Owatonna
Directions I35 Bridge St exit head east until you reach S Elm Ave. Then turn left heading north for 3 blocks then turn left on Pearl. Property is on the corner of Pearl & S Elm.
Standard status Active
APN 171002010
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9716

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1984
Building materials Frame
Listing Agency: eXp Realty
Listed By: Michelle Jandt
Added: Sep 3 Changed: Oct 21 Last Checked: Oct 21 at 5:06PM
MLS# 7138244

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1984, this office building has 2,252 square feet on the main level, arranged with eight offices, a conference room, a lobby, a large reception area, and three bathrooms. The basement has high ceilings and provides storage space, with potential for expansion. A refrigerator is included, and the building has forced-air heating and central air conditioning.

The property occupies a 0.202-acre lot in downtown Owatonna and includes a private parking lot. Recent property updates include a new roof and a freshly painted exterior.

Key Highlights

  • 2,252 square feet on the main level
  • Eight offices, a conference room, lobby, and large reception area
  • Three bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Bakery Skin Care Clinic Kitchen & Bath Showroom 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.

Location Intelligence

Trade Area within ½ mile

795
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
View Realmo Analytics

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?
Office building - The main level includes offices, a conference room, reception areas, and a lobby.
Where is this office building located?
The property is located at 152 E Pearl Street 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: 2,252 square feet on the main level; Eight offices, a conference room, lobby, and large reception area; Three bathrooms
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