100 State S St, Waseca, MN 56093-3043

Property Details for 100 State S St

Property type

Commercial real estate

APN

17.100.0250

APU

171000250

Description

This exceptional 9,020 square foot retail property, situated on a 0.18-acre lot at 100 State Street North in Waseca, Minnesota, presents a unique investment opportunity. The open floor plan is perfectly suited for a variety of retail businesses, allowing for flexible layouts to maximize display space and customer flow. The property's inherent versatility is further enhanced by its inclusion of several income-generating components. The Refinery 507, a fully operational kitchen and cocktail venue, provides a consistent revenue stream and adds to the property's overall appeal. A flexible basement space, "The Event," is ideal for hosting private functions such as rehearsal dinners, baby showers, or corporate gatherings. Adding to the property's multi-faceted nature is an upstairs studio, perfect for bridal preparation or photography sessions. Finally, three uniquely designed Airbnb units offer additional income potential and contribute to the property's dynamic and multifaceted character. This property offers a compelling blend of retail space, event venue, and short-term rental opportunities, making it an attractive investment in a vibrant community. The asking price for this exceptional property is $980,000. This is a rare opportunity to acquire a property with multiple income streams in a desirable location.

Location Insight

City

Waseca

County

Waseca

State

Minnesota

Longitude

-93.5078

Latitude

44.0774

Property Tax & Assessments