Property summary
This exceptional commercial property, located at 1940 S Cedar Avenue in Owatonna, Minnesota, presents a significant investment opportunity. The 6,312 square foot warehouse is ideally situated on the south side of Owatonna, offering convenient access to Highway 14 and the new Owatonna High School. This prime location provides excellent visibility and accessibility for businesses seeking a strategic presence in this thriving community. The property is classified as industrial land and is designated as both warehouse and commercial space, offering versatility for a range of potential uses. The property is zoned for commercial use and is ready for immediate occupancy. With its generous square footage and strategic location, this warehouse presents a rare opportunity to acquire a substantial commercial property in a rapidly growing area. The asking price is $199,900. The property is located in Steele County, Minnesota, zip code 55060. The geographic coordinates are latitude 44.0638535 and longitude -93.2268241. This property is offered as-is. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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