Property profile

211 Cedar Ave Owatonna, MN 55060

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 1,800 square foot retail space, located at 211 N Cedar Ave in Owatonna, Minnesota, presents a unique leasing opportunity. Situated in Steele County, this single-tenant property offers a vibrant and convenient location within the revitalized downtown area. The space benefits from its proximity to the newly constructed Courtyard Marriott Hotel and a recently renovated full-service restaurant at the corner of Pearl and Vine Streets. This prime location is enhanced by a newly installed streetscape, creating an attractive and pedestrian-friendly environment. The property is classified as retail with an office subtype, making it suitable for a variety of businesses. The address is 211 N Cedar Ave, Owatonna, MN 55060. This is an ideal opportunity for businesses seeking high visibility and access to a thriving downtown community. The space is ready for immediate occupancy and offers a chance to be part of the exciting new development transforming downtown Owatonna. Interested parties are encouraged to inquire further to explore this exceptional retail space.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

211 Cedar Ave Owatonna, MN 55060
Owatonna metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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