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Steele County, MN Specialty Properties 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

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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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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 1 Active listings in Steele County, MN, we suggest exploring several alternatives: similar 39 Off-Market properties to explore as potential leads

Off-Market Properties in Steele County, MN

Consider similar Off-Market properties in Steele County, 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.

Vine E St
CHARITABLE ORGANIZATION

Vine E St, Owatonna, MN 55060

$235,000
Estimated value
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1810 Cedar Ave
CHARITABLE ORGANIZATION

1810 Cedar Ave, Owatonna, MN 55060-4204

$540,000
Estimated value
0.80 AC lot
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370 Autumn Hls NE Pl
CHARITABLE ORGANIZATION

370 Autumn Hls NE Pl, Owatonna, MN 55060-3543

$320,000
Estimated value
2,240 sqft
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1546 58th St
CHARITABLE ORGANIZATION

1546 58th St, Owatonna, MN 55060

$250,000
Estimated value
3.12 AC lot
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1820 Hartle Ave
CHARITABLE ORGANIZATION

1820 Hartle Ave, Owatonna, MN 55060-4430

$280,000
Estimated value
0.34 AC lot
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Owatonna, MN 55060
CHARITABLE ORGANIZATION

Owatonna, MN 55060

$55,000
Estimated value
16.35 AC lot
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155 Oakdale St
CHARITABLE ORGANIZATION

155 Oakdale St, Owatonna, MN 55060-4216

$310,000
Estimated value
1.04 AC lot
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140 32nd NW Ave
CHARITABLE ORGANIZATION

140 32nd NW Ave, Owatonna, MN 55060-4801

$85,000
Estimated value
1.60 AC lot
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622 Florence Ave
CHARITABLE ORGANIZATION

622 Florence Ave, Owatonna, MN 55060

$100,000
Estimated value
0.96 AC lot
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County Rd 45th S
CHARITABLE ORGANIZATION

County Rd 45th S, Owatonna, MN 55060

$215,000
Estimated value
1,564 sqft 26.08 AC lot
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401 4th SE St
CHARITABLE ORGANIZATION

401 4th SE St, Blooming Prairie, MN 55917-1384

$240,000
Estimated value
0.51 AC lot
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Owatonna, MN 55060
CHARITABLE ORGANIZATION

Owatonna, MN 55060

Value Estimation by Request
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709 Oak Ave
COLLEGE, UNIVERSITY, VOC SCHOOL

709 Oak Ave, Owatonna, MN 55060

$250,000
Estimated value
1,866 sqft
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2096 Harbour Oak SE Dr
CHARITABLE ORGANIZATION

2096 Harbour Oak SE Dr, Owatonna, MN 55060-6614

$250,000
Estimated value
2,258 sqft
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1985 4th SE Ave
CHARITABLE ORGANIZATION

1985 4th SE Ave, Owatonna, MN 55060-4549

$275,000
Estimated value
0.82 AC lot
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824 Ctr N Ave
CHARITABLE ORGANIZATION

824 Ctr N Ave, Blooming Prairie, MN 55917-1153

Value Estimation by Request
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715 Oak Ave
COLLEGE, UNIVERSITY, VOC SCHOOL

715 Oak Ave, Owatonna, MN 55060-3230

$245,000
Estimated value
0.44 AC lot
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721 Oak Ave
COLLEGE, UNIVERSITY, VOC SCHOOL

721 Oak Ave, Owatonna, MN 55060-3230

$245,000
Estimated value
0.44 AC lot
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9028 37th Ave
CHARITABLE ORGANIZATION

9028 37th Ave, Hope, MN 56046-2003

$255,000
Estimated value
2.20 AC lot
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107 Main St
COLLEGE, UNIVERSITY, VOC SCHOOL

107 Main St, Blooming Prairie, MN 55917

$305,000
Estimated value
0.47 AC lot
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Blooming Prairie, MN 55917
CHARITABLE ORGANIZATION

Blooming Prairie, MN 55917

$245,000
Estimated value
0.55 AC lot
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126 Vine St
CHARITABLE ORGANIZATION

126 Vine St, Owatonna, MN 55060-2428

$485,000
Estimated value
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141 Rose St
CHARITABLE ORGANIZATION

141 Rose St, Owatonna, MN 55060-2423

$585,000
Estimated value
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Steele County, MN Specialty Properties Market Trends and Statistics

Explore 40 specialty properties for sale in Steele County, MN on our real estate platform. These investment opportunities span a total of 6,079 square feet of properties for sale.

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