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Zoned Development Land with Two Lots
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4th Ave SE & 22nd St SE, Owatonna, MN 55060

Two-lot tract offers B-2 and R-6 zoning for flexible commercial and residential development planning.

Property SizeContact for details
Lot Size3.89 Acres
Days on Market68

Property Features for 4th Ave SE & 22nd St SE

General Information

Standard status Active
Lot size 3.89 Acres
Property subtype LAND
Zoning B-2
Listing Agency: Hamilton Real Estate
Listed By: Ari Kolas
Source: Moodyscre
Added: Jun 3 Changed: Aug 8 Last Checked: Jul 16 at 8:41AM

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 Hamilton Real Estate

Investment Insights

Based on property information with market context.

This offering consists of 3.89 acres in a two-lot layout. Zoning is split, with the North Lot designated B-2 Community Business and the West Lot designated R-6 High Density Residential, creating multiple development paths within a single ownership.

The property is located off 4th Ave SE and 22nd St SE in South Owatonna. It sits across from the fairgrounds and provides easy access to HWY 14. The surrounding area includes nearby restaurants and entertainment, and the recently opened Hy-Vee is close by.

For developers and operators, the combination of B-2 and R-6 zoning can support planning that aligns with both commercial-oriented and higher-density residential uses. The site configuration and zoning split are particularly relevant for those exploring mixed development concepts, or pursuing condo and multi-family options on the R-6 portion while retaining flexibility on the B-2 area.

Key Highlights

  • 3.89‑acre two‑lot tract off 4th Ave SE and 22nd St. SE
  • South Owatonna location across from the fairgrounds with easy access to Hwy 14
  • North lot zoned B‑2 Community Business

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store

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

177
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two-lot tract offers B-2 and R-6 zoning for flexible commercial and residential development planning.
Where is this residential land & home lot located?
The property is located at 4th Ave SE & 22nd St SE Owatonna, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3.89‑acre two‑lot tract off 4th Ave SE and 22nd St. SE; South Owatonna location across from the fairgrounds with easy access to Hwy 14; North lot zoned B‑2 Community Business
(507) 271-5553 Call to check price and availability
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