137 Brg St, Owatonna, MN 55060-2917
This exceptional two-story commercial property, located at 137 W Bridge St in Owatonna, Minnesota, presents a lucrative investment opportunity. The building, zoned for commercial use, encompasses a thriving bar and grill business. The single building structure offers ample space spread across two floors, providing significant potential for expansion or adaptation to suit various business needs. Situated in Steele County, with easy access via its convenient Bridge Street address, this location benefits from high visibility and strong foot traffic. The property's zip code is 55060. The current owner is open to exploring creative financing options, potentially including a contract for deed, making this an attractive proposition for buyers seeking flexible payment arrangements. This turnkey operation in the vibrant city of Owatonna offers a rare chance to acquire an established business with significant upside potential. The property's coordinates are 44.08428117887816 latitude and -93.22773769009447 longitude. This is a retail property with a bar and restaurant subtype. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.