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    Waseca, MN
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    Waseca, MN Retail Properties & Spaces for Sale

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    Versatile Retail/Cultivation/Manufacturing Facility
    Updated: Nov 24, 2025
    Versatile Retail/Cultivation/Manufacturing Facility

    1230 N State St, Waseca, MN

    $3,850,000
    43,693 sqft 7.54 AC lot
    Millions of dollars in commercial kitchen infrastructure already in place including floor drains, sinks, hoods, walk‑in coolers, food prep areas, loading docks, and full HVAC.
    Ideal for retail, cannabis cultivation, food manufacturing, or cold storage.
    Excellent distribution location: close to 35W for North/South and Hwy 14 for East/West access.
    High power capacity: 1600 amp 208v electric in place, with 480v also available.
    Co‑anchor location with Bomgaars Fleet and Farm; Walmart and O'Riley Auto across the street.
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    Mixed-Use Income Property
    Updated: Jun 22
    Mixed-Use Income Property

    102 State St N, Waseca, MN 56093

    $495,000
    Two adjacent downtown Waseca buildings (100 and 102 State St N) built in 1906
    100 State St N includes three short‑term rental units, main‑level retail/office space, two event spaces, and a restaurant space
    102 State St N features a main‑level retail area, flexible short‑term rental and event space, plus additional storage
    Multiple space types across both buildings: retail, office, restaurant, event spaces, and short‑term rental units
    Additional storage opportunities can support extra rental income or operations
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Waseca, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    Former Liquor Store with Loading Dock
    Former Liquor Store with Loading Dock

    2320 NW 43rd St, Owatonna, MN 55060

    $1,350,000
    4,280 sqft 0.62 AC lot

    Former liquor store offers built-in coolers, vaulted ceiling, loading dock, and I-35 visibility with adjacent Bass Pro.

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    Versatile Retail/Office Building
    Versatile Retail/Office Building

    739 Willow Street, Faribault, MN 55021

    $169,900

    Building with climate-controlled basement space, 3-phase electrical, asphalt parking, and visibility on a high-traffic area.

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    Prime Office, Retail, Flex Space
    Prime Office, Retail, Flex Space

    201 Lyndale S Avenue, Faribault, MN 55021

    Contact for pricing
    88,003 sqft 7.40 AC lot

    Up to 23,000 SF of flexible commercial space available.

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    Showroom and Warehouse Building
    Showroom and Warehouse Building

    3745 Hoffman Drive NW, Owatonna, MN 55060

    Contact for pricing

    All-steel frame building includes a front showroom and rear warehouse with 10' overhead doors and 12' ceilings.

    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.

    Owatonna Land for Business Growth
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot

    78.77 acres suitable for business or agricultural development.

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    Commercial Lot on Town Edge
    Commercial Lot on Town Edge

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot

    Build-ready commercial land opportunity on the northwest edge of Owatonna.

    View details
    High-Traffic Commercial Development Land
    High-Traffic Commercial Development Land

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    1.83-acre parcel on LandMark Drive NE for higher-end commercial development in Owatonna.

    View details
    Commercial Development Lot
    Commercial Development Lot

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    0.906-acre commercial lot in North Bluff Estates, ready for a new building with convenient access.

    View details

    Off-Market Properties in Waseca, MN

    Consider similar Off-Market properties in Waseca, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Downtown
    Individual retail properties

    0 Downtown, Waseca, MN 56093

    Value Estimation by Request
    1 sqft
    View details
    1270 State St
    Lifestyle centers

    1270 State St, Waseca, MN 56093

    Value Estimation by Request
    43,693 sqft
    View details
    120 17Th Ave
    Neighborhood centers

    120 17Th Ave, Waseca, MN 56093

    Value Estimation by Request
    44,196 sqft
    View details
    406 9Th St
    Restaurants

    406 9Th St, Waseca, MN 56093

    Value Estimation by Request
    4,564 sqft 0.20 AC lot
    View details

    Waseca, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 6 retail properties & spaces for sale in Waseca, MN on our real estate platform. These investment opportunities span a total of 43,693 square feet of properties for sale, with an estimated market value of $4,345,000.

    Sale prices for stores in Waseca, MN start at $495,000, averaging $2,172,500, and reaching up to $3,850,000 — 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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    Demographics Overview

    Population 13K
    Population Growth (5Y) +3.4%
    Median Household Income $73,210
    College Educated 23.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56093 $548.7K

    Taxes & Financing

    Tax Rate (average for all types) 3.21%
    Property Tax per SF $27.04 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

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