Retail

Waseca, MN Retail Properties & Spaces for Sale

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Waterville, MN Janesville, MN Elysian, MN Owatonna, MN New Richland, MN Faribault, MN Morristown, MN Pemberton, MN
Freestanding Pharmacy with Drive-Through
Updated: Mar 18
Freestanding Pharmacy with Drive-Through

223 State St N, Waseca, MN 56093

$885,000
Single‑tenant net‑lease pharmacy with drive‑through service
Freestanding building with ample parking
Prominent corner location across from the county courthouse
Located along U.S. Highway 14 and State Highway 13
Waseca has about 9,200 residents and serves as the county seat
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Versatile Retail/Cultivation/Manufacturing Facility
Updated: Nov 24, 2025
Versatile Retail/Cultivation/Manufacturing Facility

1230 N State St, Waseca, MN

Contact for pricing
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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Downtown Mixed-Use Income Property
Downtown Mixed-Use Income Property

102 State St N, Waseca, MN 56093

Contact for pricing
3,816 sqft

Two downtown buildings combining retail, short-term rental units, event spaces, and a restaurant for multiple income streams.

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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 15 Potential Opportunities for your consideration. Besides 3 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.

Renovated Mixed-Use Property
Renovated Mixed-Use Property

14 3rd St NW, Faribault, MN 55021

$1,095,000
3,300 sqft

Downtown asset combines upgraded apartments with a leased commercial component.

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9-Unit Mixed-Use Property
9-Unit Mixed-Use Property

14 3rd Street NW, Faribault, MN 55021

$1,095,000
0.08 AC lot

Eight updated apartments are vacant, and the commercial suite is leased through December 2030.

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Single-Story Retail Storefront
Single-Story Retail Storefront

107 E Main Street, Elysian, MN 56028

$219,900

An open sales area is paired with a separate office and half bath.

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Single-Level Storefront Building
Single-Level Storefront Building

107 Main Street E, Elysian, MN 56028

$219,900

An open retail area is complemented by a private office and half bath.

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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 Land with Water Available
Commercial Land with Water Available

160 26th Street NW, Owatonna, MN 55060

$150,000
0.69 AC lot

Commercial parcel on the northwest edge of town with water available at the site.

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Commercial Land Parcel
Commercial Land Parcel

LandMark Drive NE, Owatonna, MN 55060

$250,000
1.83 AC lot

Commercial development site with water available.

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Commercial Land with Water Available
Commercial Land with Water Available

NE LandMark Drive NE, Owatonna, MN 55060

$100,000
0.91 AC lot

Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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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

Estimated value: by Request
1 sqft
View details
1270 State St
Lifestyle centers

1270 State St, Waseca, MN 56093

Estimated value: by Request
43,693 sqft
View details
120 17Th Ave
Neighborhood centers

120 17Th Ave, Waseca, MN 56093

Estimated value: by Request
44,196 sqft
View details
406 9Th St
Restaurants

406 9Th St, Waseca, MN 56093

Estimated value: by Request
4,564 sqft 0.20 AC lot
View details

Waseca, MN Retail Properties & Spaces Market Trends and Statistics

Explore 7 retail properties & spaces for sale in Waseca, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 47,509 square feet of properties for sale, with an estimated market value of $885,000.

Sale prices for stores in Waseca, MN average $885,000 — 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

Drug stores 1

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 $885K

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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