143 Broadway St Owatonna, MN 55060
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 143 Broadway St
- Property type
- Commercial real estate
- APN
- 17-100-0214
- APU
- 171000214
Description
This exceptional owner-user opportunity presents a 8,104 square foot storefront located at 143 W Broadway St, Owatonna, MN 55060. The property, built in 1910, boasts a two-story building on a 0.1-acre lot (APN 17-100-0214). The ground floor offers approximately 4,052 square feet of adaptable retail space, currently configured with open retail areas, offices, and storage. This versatile layout is ideal for a variety of businesses. Adding to the investment potential are four one-bedroom apartments situated on the second floor, providing substantial supplemental rental income. The property consists of one building with five total units. Located in Owatonna, a city with approximately 26,000 residents and home to the Steele County Fair, this storefront enjoys a high-visibility location on West Broadway Street. This is a rare chance for an owner-operator to establish their business in a thriving community while benefiting from passive income generated by the residential units. The property's historical charm combined with its modern functionality makes it a truly unique investment opportunity.
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
- -93.2279
- Latitude
- 44.0845
- CBSA code
- 36940
- CBSA name
- OWATONNA, MN MICROPOLITAN STATISTICAL AREA
