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    Steele County, MN Restaurants for Sale

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    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
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    Retail Suite with Private Bathroom
    Retail Suite with Private Bathroom

    412 E Main St, Blooming Prairie, MN 55917

    Contact for pricing

    Zoned B-3 space with an open area, designated break/prep room, and private bathroom.

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    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 4 Potential Opportunities for your consideration. Besides 3 Active listings in Steele County, MN, we suggest exploring several alternatives: plus 1 Land Listings that present a potential for development.

    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.

    Interstate Commercial Development Land
    Interstate Commercial Development Land

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

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    Steele County, MN Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Steele County, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,922 square feet of properties for sale.

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    Featured Steele County Real Estate Agencies

    Realmo connects you with licensed Steele County 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: 15074516000
    helpusellowatonna.com
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