Property profile

137 Brg St Owatonna, MN 55060

OFF-MARKET
Commercial real estate
Property ID
US46-2579056
Built 1879
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1879
APN 17-100-0111
UPID US46-2579056

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

137 Brg St Owatonna, MN 55060-2917
Owatonna metro Census 960400 OWATONNA, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$520k

Owner & transaction history

since 2025
Last sale
$550,000
7 recorded transactions
2026
Price N/A
2025
$550,000
2021
$200,000
2016
$349,900
2013
Price N/A
2013
$100,000
2013
$116,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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