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    Owatonna, MN
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    Owatonna, MN Restaurants for Sale

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    Owatonna Restaurant Investment Opportunity
    Updated: Feb 26
    Owatonna Restaurant Investment Opportunity

    4355 W Frontage Rd |, Owatonna, MN 55060

    $1,195,000
    6,079 sqft
    Prime Interstate 35 frontage retail location in Owatonna, Minnesota.
    Existing Triple Net Lease in place through November 2026, providing in‑place income.
    Base rent of $5,000 or 6.0% of Gross Monthly Sales, representing a 7.00% CAP.
    100% occupancy with lease to RIB KINGS OF OWATONNA INC.
    6,079 SF building built in 2004.
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    Retail
    Updated: Apr 6
    Retail

    4255 Frontage Rd W, Owatonna, MN 55060

    $1,200,000
    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
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    Quick-Service Restaurant Building
    Quick-Service Restaurant Building

    105 S Oak Ave, Owatonna, MN 55060

    $360,000
    1,266 sqft

    Former Pizza Hut with built-in hood and venting, plus a walk-in cooler/freezer on a high-visibility downtown site.

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    Brew Pub Opportunity
    Brew Pub Opportunity

    131 W Broadway St, Owatonna, MN

    Contact for pricing
    7,569 sqft 0.10 AC lot

    Second-generation brew pub with equipment and expansion potential.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Owatonna, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Four Subway Restaurants Portfolio
    Four Subway Restaurants Portfolio

    821 Frontage Rd, Byron, MN 55920

    $327,300
    1,550 sqft

    Portfolio of four Subway restaurants in Minnesota.

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

    1230 N State St, Waseca, MN

    $3,850,000
    43,693 sqft 7.54 AC lot

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

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    Turnkey Coffee and Smoothie Business
    Turnkey Coffee and Smoothie Business

    190 High Point Pl NE, Byron, MN 55920

    $500,000
    480 sqft

    Double drive-through coffee and smoothie business for sale in Byron, MN.

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

    406 9th St NE, Waseca, MN 56093

    $675,000
    4,564 sqft

    Established restaurant and bar with 130' of lakeshore.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land with IDD Zoning
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

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    Mankato Commercial Land For Sale
    Mankato Commercial Land For Sale

    Coneflower Lane, Mankato, MN 56001

    $937,312
    1.26 AC lot

    Prime commercial ground in Mankato's newest development area.

    View details
    Prime Commercial Outlot Opportunity
    Prime Commercial Outlot Opportunity

    Premier Drive, Mankato, MN 56001

    $300,000
    0.75 AC lot

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

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    Premier Drive Commercial Land Available
    Premier Drive Commercial Land Available

    1760 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Commercial land for sale in high-traffic area.

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    Owatonna, MN Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Owatonna, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,757 square feet of properties for sale, with an estimated market value of $2,755,000.

    Sale prices for restaurant properties in Owatonna, MN start at $360,000, averaging $918,333, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Pubs 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Owatonna submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55060 $1.2M

    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%

    Listings Trend

    New vs delisted commercial listings in Steele County

    New Delisted

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