1832 Cedar Ave Owatonna, MN 55060
- Retail properties
- 3,400 SF
- 0.95 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1832 Cedar Ave
- Year built
- 1976
- Lot size
- 0.95 lot acres
- Property size
- 3,400 SF
- Property type
- Retail properties
Description
This exceptional 3,400 square foot retail space is ideally situated at 1832 Cedar Avenue S in Owatonna, Minnesota. Boasting a prominent location with high traffic counts averaging 8,400 vehicles daily, this property offers unparalleled visibility for your business. The 0.95-acre lot provides ample space and accessibility. The property is available on a gross modified lease, making budgeting straightforward. This location benefits from its close proximity to major highways, ensuring convenient access for customers and employees. A significant advantage is the proximity to the Federated Insurance headquarters, employing 1,500 individuals, creating a substantial pool of potential customers. The average household income within a five-mile radius is $78,295, indicating a strong consumer base with significant spending power. Furthermore, buildout options are available, allowing for customization to perfectly suit your business needs and vision. This is a rare opportunity to establish your business in a high-traffic, high-income area with excellent visibility and convenient access. Don't miss this chance to secure a prime retail location in a thriving Owatonna community. Contact us today to learn more and schedule a viewing.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owatonna
- County
- Steele
- State
- Minnesota
- Longitude
- -93.2269
- Latitude
- 44.0654
