315 Cedar AVE, Owatonna, MN 55060 - MLS#6658425

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$388,900

Est. payment - /mo

5 Beds

3 Baths

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Original Town

MLS Listing ID 6658425

Bedrooms 5

Year Built 1914

Annual Tax Amount $5,982

Acres 0.12

Lot Dimensions 50 x 110

Property Description

OPPORTUNITY IS KNOCKING! If you have an entrepreneurial spirit, and a desire to be a part of a blossoming downtown historic district, this could be your chance. This well-maintained building has over 6200 finished square feet, with a retail business currently operating on the 4,000+ sq ft main floor that also includes a convenient kitchenette. The original high ceilings could be exposed to create a nice open feel on this level, and the large area could be divided to accommodate a variety of retail or office needs. The residential rental spaces include two large 2 bedroom apartments and one studio apartment - these are presently occupied, generating rental income toward positive cash flow. The property also offers a garage, a carport and off-street parking for use by the tenants of the building. Schedule your private showing today and bring your visions to life.

Location

State MN

County Steele

Community Original Town

Direction From I35 take Hoffman Dr and go East. Turn left on Rose St and then a right onto Cedar Ave. Property will be on the left.

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central

Window Features Display Window(s)

Exterior

Parking Features Carport, Detached Garage, Other

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Rubber

Accessibility Grab Bars In Bathroom, Roll Under Accessibility

Porch Deck

Total Parking Spaces 1

Building

Water City Water/Connected

Others

Senior Community No

Tax ID 171002025

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Listed by RE/MAX Venture

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