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Two-Level Office Building

1601 8th Street SE, Waseca, MN 56093

For Sale
New
$695,000

Commercial Sale, Waseca, MN

Property SizeContact for details
Lot Size1.51 Acres
Days on Market2

Property Features for 1601 8th Street SE

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
High school district Waseca
Directions Heading South on S State St, turn right onto 8th St SE. Turn left and building is at the end of the road.
Standard status Active
APN 170200400
Lot size 1.51 Acres

Additional Details

Property Use Office
Condition Move-in Ready

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6878

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

fiber-optic internet

Building Details

Year built 1979
Building materials Concrete
Roof type Rubber
Buildings 1
Listing Agency: True Real Estate
Listed By: Bruce Tanhoff
Added: Nov 9 Last Checked: Nov 10 at 12:06AM
MLS# 7170201

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property has main and walk-out lower levels that can operate as one workplace or be divided between two businesses. Each level has a private exterior entrance with ramp access, along with offices, restrooms, conference or reception areas, and storage. The 1979 building has concrete construction, forced-air heat, central air, a rubber roof, and a fieldstone exterior. Fiber-optic internet service reaches the building, and the mechanical systems have been updated.

The property occupies 1.51 acres and is visible from Highway 14 between Mankato and Owatonna. A parking lot serves the building.

Key Highlights

  • 1.51‑acre office property
  • Main and walk‑out lower levels can function together or separately
  • Each level has its own exterior entrance, restrooms, offices, conference or reception area, and storage

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Building Supply

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 56093, MN

12,469
Population
5,216
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
92%
High-School Grad
180.5 sq mi
ZIP Area
69
Density / Sq Mi
$73,210
Median Household Income
$42,474
Median Earnings
$829
Median Rent
$214,800
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 - Separate entrances and facilities on each level allow the building to serve one or two businesses.
Where is this office building located?
The property is located at 1601 8th Street SE Waseca, MN.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1.51‑acre office property; Main and walk‑out lower levels can function together or separately; Each level has its own exterior entrance, restrooms, offices, conference or reception area, and storage
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