Mixed-Use Building in Historic
315 N Cedar Avenue, Owatonna, MN 55060
Well-maintained mixed-use building with retail and residential spaces.
Type:Commercial/Industrial
Property size:
6,200 SFLot size:
0.12 AcresPrice / SF:
$62/SF- Added:
- Feb 7, 2025
- Days on Market:
- 469
- Last Refresh:
- May 19 at 9:30 pm
Property Features for 315 N Cedar Avenue
General Information
- Standard status
- Active
- Size
- 6,200 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1914
Listing agent Matt Gillard License #40496473 (507) 456-2545
Listing office RE/MAX Venture (507) 456-2545
Listing date Feb 7, 2025
Source Exitrealty
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 RE/MAX Venture
HighLights
- Substantial 6200+ sq ft building in a blossoming downtown historic district.
- Existing retail business operating on a 4,000+ sq ft main floor.
- Three residential rental units (two 2‑bedroom, one studio) providing immediate income.
- Potential to customize the main floor for various retail or office uses.
- Includes a garage, carport, and off‑street parking for tenants.
- Well‑maintained building with original high ceilings that can be exposed.
Overview
This well-maintained mixed-use building features over 6200 finished square feet and is located in a blossoming downtown historic district. The property includes a retail business currently operating on the 4,000+ sq ft main floor, which also features a convenient kitchenette. The original high ceilings could be exposed to create a nice open feel on this level, and the large area could be divided to accommodate a variety of retail or office needs. The residential rental spaces include two large 2-bedroom apartments and one studio apartment. These are presently occupied, generating rental income. The property also offers a garage, a carport, and off-street parking for use by the tenants of the building. This property presents an opportunity to be a part of a blossoming downtown historic district.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Owatonna
- County
- Steele
- State
- Minnesota
- Longitude
- -93.225625
- Latitude
- 44.082155
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use building with retail and residential spaces.
Where is this mixed-use property located?
The property is located at 315 N Cedar Avenue Owatonna, MN.
What is the asking price?
The asking price for this property is $388,900.
What are key features of this property?
This property features: Substantial 6200+ sq ft building in a blossoming downtown historic district.; Existing retail business operating on a 4,000+ sq ft main floor.; Three residential rental units (two 2‑bedroom, one studio) providing immediate income.
