1930 Cedar Ave Owatonna, MN 55060
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1930 Cedar Ave
- Property type
- Commercial real estate
- APN
- 17-021-1104
- APU
- 170211104
Description
This exceptional 0.98-acre property presents a unique redevelopment opportunity in the thriving city of Owatonna, Minnesota. Located at 1930 S Cedar Ave, 55060, this site boasts a highly desirable location directly across the street from the international headquarters of the multi-billion dollar Federated Mutual Insurance Company. Its proximity to downtown Owatonna (a mere 5-minute drive) provides easy access to the city's charming historic downtown area, offering a wealth of amenities and attractions. The property is zoned for Executive and Medical Office uses, presenting a versatile canvas for a variety of development projects. The asking price for this prime redevelopment site is $450,000. This presents a compelling investment opportunity given the strategic location and the potential for significant return. The property's size and location make it an attractive prospect for developers seeking to capitalize on Owatonna's robust economy and growing population. Don't miss this chance to acquire a highly sought-after parcel in a prime location. Contact us today to learn more about this exciting redevelopment 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
- -93.2268
- Latitude
- 44.064
- CBSA code
- 36940
- CBSA name
- OWATONNA, MN MICROPOLITAN STATISTICAL AREA
