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    Owatonna, MN Restaurants for Sale

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    Medford, MN Claremont, MN Waseca, MN Faribault, MN Ellendale, MN Morristown, MN Blooming Prairie, MN West Concord, MN
    Freestanding Restaurant with Interstate Exposure
    Updated: Jan 1
    Freestanding Restaurant with Interstate Exposure

    4355 W Frontage Rd, Owatonna, MN 55060

    Contact for pricing
    6,079 sqft 1.45 AC lot
    Fee‑simple interest in a freestanding Famous Dave’s BBQ restaurant in Owatonna, MN.
    NNN lease through November 2026 to Rib Kings of Owatonna, LLC (operated continuously since the building was constructed in 2004).
    NNN lease rent is rolling monthly: 6.00% of gross sales or $5,000 per month, whichever is greater.
    2025 NOI was roughly $82,000, implying a 7.00% cap rate on the sale price.
    Property sits on 1.45 acres with direct I‑35 frontage exposure; building size is 6,079 SF.
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    Retail
    Updated: Apr 6
    Retail

    4255 Frontage Rd W, Owatonna, MN 55060

    Contact for pricing
    5,843 sqft
    5,843 SF fully operational restaurant at 4255 W Frontage Road, Owatonna, MN 55060, offered for sale and lease
    Spacious dining area with full‑service bar and a large outdoor patio with wood‑burning firepit
    Kitchen includes two separate hood systems and three walk‑in coolers/freezers for high‑volume service
    FF&E included with sale; lease requires tenant purchase of FF&E
    Large paved parking lot and prominent pylon signage available
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Coffee Shop and Bakery Business
    Coffee Shop and Bakery Business

    410 W State Hwy 60, Elysian, MN 56028

    $649,000

    Sale includes the real estate, operating business, fixtures, equipment, recipes, and inventory for a ready-to-operate commercial concept.

    View details
    Coffee Shop with Bakery Operation
    Coffee Shop with Bakery Operation

    410 State Highway 60 W, Elysian, MN 56028

    $649,000

    Sale includes the operating business, real estate, fixtures, equipment, recipes, and inventory.

    View details
    Versatile Retail/Cultivation/Manufacturing Facility
    Versatile Retail/Cultivation/Manufacturing Facility

    1230 N State St, Waseca, MN

    Contact for pricing
    43,693 sqft 7.54 AC lot

    Adaptable space ideal for retail, cultivation, food manufacturing, and cold storage.

    View details
    Turnkey Restaurant Bar on Lakeshore
    Turnkey Restaurant Bar on Lakeshore

    406 9th St NE, Waseca, MN 56093

    Contact for pricing
    4,564 sqft

    Established restaurant and bar with 130' of lakeshore.

    View details

    Owatonna, MN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 11,922 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Commercial kitchens 1
    Pubs 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +0.2%
    Median Household Income $84,408
    College Educated 34.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $3.69 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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    Featured Owatonna Real Estate Agencies

    Realmo connects you with licensed Owatonna CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    HELP-U-SELL HERITAGE REAL ESTATE
    245 18TH ST SE Owatonna, MN 55060
    Phone: (507) 451-6000
    helpusellowatonna.com
    Berkshire Hathaway Homeservices Advantage Real Estate
    1880 Austin Road Owatonna, MN 55060
    Phone: (507) 213-1777
    owatonnarealestate.com
    RE/MAX Venture
    118 N Cedar Ave Owatonna, MN 55060
    Phone: (507) 456-2545
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