307-309 2nd Street Northwest, Waseca, MN 56093

Building Details

Tenancy Multi More

Listing Agency: ReMax Results

Listed By: Dylan Maitland · License MN #40313410

Source: Crexi

Added: Sep 23 Changed: Nov 6 Last Checked: Nov 10 at 7:51AM

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Investment Insights

Based on property information with market context.

This mixed-use property combines nine apartments with 16 self-storage units. All apartments are occupied, and tenants cover their own heat and electric expenses.

The property is located at 307-309 2nd Street Northwest in Waseca, Minnesota.

Key Highlights

• Nine apartments and 16 self‑storage units
• All nine apartments are occupied
• Apartment tenants pay their own heat and electric

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Pharmacy Auto Repair Shop Restaurant

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

9

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

534

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The nine apartments are fully occupied, and tenants pay their own heat and electric.

Where is this mixed-use property located?

The property is located at 307-309 2nd Street Northwest Waseca, MN.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: Nine apartments and 16 self‑storage units; All nine apartments are occupied; Apartment tenants pay their own heat and electric