Restaurants

Owatonna, MN Restaurants for Sale

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Hutchinson, MN Medford, MN Faribault, MN Claremont, MN Waseca, MN Warsaw, MN Morristown, MN Ellendale, MN
Freestanding Restaurant with Interstate Exposure
Updated: Jan 1
Freestanding Restaurant with Interstate Exposure

4355 W Frontage Rd, Owatonna, MN 55060

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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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Quick-Service Restaurant Building
Updated: Feb 9
Quick-Service Restaurant Building

105 S Oak Ave, Owatonna, MN 55060

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1,266 sqft
Former Pizza Hut with built‑in hood and venting for quick‑service restaurant operations
Includes a walk‑in cooler/freezer
Located in Downtown Owatonna, MN in the downtown retail and dining district
High‑visibility site with convenient access to I‑35/US‑14 and major corridors
Former restaurant setup includes an established layout suited for efficient operations
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Retail
Retail

4255 Frontage Rd W, Owatonna, MN 55060

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5,843 sqft

Conventional restaurants · 5,843 SF

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Motel with Indoor Waterpark
Motel with Indoor Waterpark

2365 43rd St NW, Owatonna, MN 55060

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Hospitality property featuring an on-site bar, restaurant, indoor pool, and waterpark.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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 With Bakery
Coffee Shop With Bakery

410 W State Hwy 60, Elysian, MN 56028

$699,900

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

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Coffee Shop with Bakery Operation
Coffee Shop with Bakery Operation

410 State Highway 60 W, Elysian, MN 56028

$699,900

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

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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.

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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.

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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 13,188 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 5
Bars & Pubs 2
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%

Listings Trend

New vs delisted commercial listings in Steele County

New Delisted

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