143 Broadway StOwatonna, MN 55060

Property Details for 143 Broadway St

Property type

Other 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.

Location Insight

City

Owatonna

County

Steele

State

Minnesota

Latitude

44.0845

Longitude

-93.2279

CBSA code

36940

CBSA name

OWATONNA, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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