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

    105 S Oak Ave, Owatonna, MN 55060

    Contact for pricing
    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

    Contact for pricing
    5,843 sqft

    Conventional restaurants · 5,843 SF

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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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    KFC Restaurant Property
    KFC Restaurant Property

    135 Allan Ave, Owatonna, MN 55060

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    National restaurant brand location backed by an experienced multi-state franchise operator.

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    Motel with Indoor Waterpark
    Motel with Indoor Waterpark

    2365 43rd St NW, Owatonna, MN 55060

    Contact for pricing

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

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    Bar With Patio and Apartment
    Bar With Patio and Apartment

    220 N Cedar Ave, Owatonna, MN 55060

    Contact for pricing

    Operating bar business with included real estate, outdoor patio seating, and an upstairs apartment.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 7 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 7 restaurants for sale in Steele County, MN, showcased through 7 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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    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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