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    Owatonna, MN Mixed-use Properties for Sale

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    Medford, MN Claremont, MN Waseca, MN
    Mixed-Use Building in Historic District
    $388,900
    6,200 SF
    Mixed-Use Building in Historic District

    315 N Cedar Avenue, Owatonna, MN 55060

    Well-maintained mixed-use building with retail and residential spaces.
    • 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.
    Updated: Feb 7, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Downtown Mixed-Use Property with Parcel Split
    $525,000
    Downtown Mixed-Use Property with Parcel Split

    Business/commercial zoned mixed-use property with a parcel split scheduled to be completed before closing.

    301 Central, Faribault, MN 55021

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    Downtown Mixed-Use Building Opportunity
    $319,000
    0.25 Acres
    Downtown Mixed-Use Building Opportunity

    Two street-level retail spaces with an additional upper-level residential plan support flexible owner or investment use.

    12 3rd Street NE, Faribault, MN 55021

    View details
    Renovated Mixed-Use Property For Sale
    $442,500
    Renovated Mixed-Use Property For Sale

    Newly renovated mixed-use property in downtown Janesville, 100% leased.

    121 Main Street North, Janesville, MN 56048

    View details
    Renovated Mixed-Use Property For Sale
    $442,500
    5,297 SF
    Renovated Mixed-Use Property For Sale

    Newly renovated, fully leased mixed-use property in downtown Janesville.

    121 N Main St, Janesville, MN 56048

    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.

    Prime Land in Growing Community
    $1,199,000
    40.00 Acres
    Prime Land in Growing Community

    40-acre parcel suitable for residential, commercial, or mixed-use development.

    TBD Hwy 57, Mantorville, MN 55955

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    Expansive Land Parcel in Austin
    $249,000
    9.17 Acres
    Expansive Land Parcel in Austin

    9.17 acres of vacant land suitable for various commercial uses.

    TBD 10th St NW, Austin, MN 55912

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    Tillable Land Near Highway 212
    $13,800,000
    69.17 Acres
    Tillable Land Near Highway 212

    69.17 acres of tillable land guided for mixed-use development.

    Xxx Hwy 212, Carver, MN 55315

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    Minneapolis Development Opportunity: Vacant Lots
    $300,000
    0.12 Acres
    Minneapolis Development Opportunity: Vacant Lots

    Two contiguous vacant lots in South Minneapolis, ideal for development.

    2840 Bloomington Avenue, Minneapolis, MN 55407

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    Off-Market Properties in Owatonna, MN

    Consider similar Off-Market properties in Owatonna, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Cedar Ave
    Automotive properties
    Lot: 2.25 Acres
    Value Estimation by Request
    Cedar Ave

    0 Cedar Ave, Owatonna, MN 55060

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    Owatonna, MN Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 6,200 square feet of properties for sale, with an estimated market value of $388,900.

    Sale prices for multi use buildings in Owatonna, MN start at $388,900, averaging $388,900, and reaching up to $388,900 — 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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    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 $388.9K

    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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