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    Owatonna, MN Medical Office Space for Sale

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    Medford, MN Claremont, MN Waseca, MN
    Versatile Commercial Building Near I-35
    $1,032,000
    4,000 SF
    Versatile Commercial Building Near I-35

    345 Florence Avenue, Owatonna, MN 55060

    4,000 SF commercial building suitable for various business uses.
    • 4,000 sq ft commercial building in a great location.
    • Currently configured for 2 distinct businesses with separate offices, reception areas, meeting space, storage, break rooms and large flex spaces.
    • Flexible design with non‑load‑bearing interior walls allowing for easy redesign and customization.
    • Suitable for various uses: professional services, collaborative space, or medical use.
    • Conveniently located 0.2 mile from I‑35 access.
    Updated: Feb 26, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Office Downtown Building
    $144,900
    3,280 SF
    Four-Office Downtown Building

    Four separate office spaces offer flexible occupancy, with exclusive owner access to the basement level.

    300 Pine Street, Nicollet, MN 56074

    View details
    Turnkey Commercial Space For Sale
    $1,050,000
    Turnkey Commercial Space For Sale

    Excellent owner-user opportunity in a high-visibility, growth-oriented market.

    622 Sunrise Dr |, Saint Peter, MN 56082

    View details
    Four-Unit Office Building
    Contact for pricing
    3,200 SF
    Four-Unit Office Building

    Four individual office suites offered in a downtown building, suitable for medical, insurance, or pop-up retail use.

    304 Pine St, Nicollet, MN 56074

    View details
    Turnkey Commercial Space in St. Peter
    $999,000
    11,256 SF
    Turnkey Commercial Space in St. Peter

    High-visibility commercial space ideal for medical, financial, or administrative offices.

    622 Sunrise Dr, Saint Peter, MN 56082

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mankato Commercial Land For Sale
    $165,000
    1.08 Acres
    Mankato Commercial Land For Sale

    Accessible 1.083 acre lot suitable for various businesses.

    1763 Bassett Drive, Mankato, MN 56001

    View details
    Commercial Land in Medina, MN
    $120,000
    0.15 Acres
    Commercial Land in Medina, MN

    Land in Medina location surrounded by expanding residential growth.

    865/867/869 Meander Court, Medina, MN 55340

    View details
    Commercial Lot in Medical Area
    $277,000
    1.06 Acres
    Commercial Lot in Medical Area

    Prime commercial lot in St. Cloud's medical arts area.

    2030 Stearns Way, Saint Cloud, MN 56303

    View details
    Commercial Lot in Siren, WI
    $58,000
    0.98 Acres
    Commercial Lot in Siren, WI

    0.98-acre commercial lot ideal for development in Siren, WI.

    24175 1st Avenue, Siren, WI 54872

    View details

    Owatonna, MN Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $1,032,000.

    Sale prices for medical spaces in Owatonna, MN start at $1,032,000, averaging $1,032,000, and reaching up to $1,032,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 2
    Office buildings 2
    Office Units 2

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    High-Yield Neighborhoods for Investment

    Identify Owatonna submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55060 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

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