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Nick Leavy

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

$850,000

Est. payment - /mo

7,797 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision City/Waseca

MLS Listing ID 7010269

Year Built 1906

Annual Tax Amount $8,029

Tax Year 2026

Contingent None

Lot Size 7,797 Sqft

Property Description

Located in the heart of downtown Waseca, 100 State Street North presents an exceptional investment opportunity with a diverse mix of income-generating spaces and modern updates. This vibrant multi-use property offers a unique blend of functionality, character, and thoughtful design, making it a valuable addition to any portfolio.
The building features three thoughtfully designed short/long-term rental units, two versatile event spaces, and a main-level retail or office/gathering space. The former restaurant space offers excellent potential for reactivation or conversion and currently supports event use, adding flexibility and additional income opportunities.
Situated in a prime downtown location with high visibility and strong foot traffic, 100 State Street offers endless possibilities for rental income, business operations, and event hosting. Don't miss the opportunity to invest in this unique downtown property and unlock its full potential.

Location

State MN

County Waseca

Zoning Business/Commercial

Rooms

Basement Full, Owner Access, Partially Finished, Storage Space

Kitchen Refrigerator, Dishwasher, Freezer, Fryer

Interior

Heating Forced Air

Cooling Central Air

Flooring See Remarks, Wood

Inclusions Building, Fixture/Equipment, Leases

Fireplace No

Appliance Gas Water Heater, Water Softener Owned

Exterior

Parking Features Gravel, On-Street Parking Only

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Professional/Office,Commercial,Event Space,Hotel/Motel,Office,Vacant

Building

Lot Description Corner Lot

Foundation 3378

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Waseca

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Listed by Rebecca Hermanson-Hill • Berkshire Hathaway HomeServices Advantage Real Estate

Nearby School & Business

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100 State ST N Waseca, MN 56093