113 N Cedar Avenue Owatonna, MN 55060
For Sale MLS# 5640768
3,300 sq ft Commercial
MLS# 5640768
INVESTORS WANTED!Are you looking for that ‘just right’ investment? A building in an increasingly more active downtown? A building investment that has already proven that it can generate a steady revenue? Then this one checks all the boxes! This property would allow you to be the landlord of a successful street level business (operating for over 16 years). In addition, the 3 apartments upstairs have been continuously rented for the past 10 years, and have significant potential for the future. This property is centrally located in Owatonna’s downtown historic district, less than half a block from Central Park.
Property Type: Commercial, Apartments and Retail
Status: Active
Lot Size: 0.05 Acres
Square Feet: 3,300 sq ft
Year Built: 1884
Foundation: 1,650 sq ft
Garage: No
Stories:
Construction:
Property Attached: No
Date Available:
Model Home:
Development:
Completion date:
Subdivision: City/Owatonna
Builder:
Foundation:
Total Units: 3
Current Use: Food Service
Background Check: No
Furnished:
Smoking Permitted: No
In Foreclosure: No
Lender Owned: No
Potential Short Sale: No
Auction: No
County: Steele
Days On Market: 166
HERS Score:
Construction Status: Previously Owned
District: 761 - Owatonna
Elementary:
Middle:
High:
Square Footage above:
Square Footage below:
Appliances: Gas Water Heater
Flooring:
Basement: Unfinished
Accessibility: Grab Bars In Bathroom
Additional Interior Features:
Water: City Water/Connected
Sewer: City Sewer/Connected
Available Utilities: Heating Separate,Electric Separate
Other Utilities:
Cooling: Window
Heating: Forced Air, Natural Gas
Parking Spaces: 0
Parking Description: Other
Exterior: Brick/Stone
Roof: Rubber
Lot View:
Lot Dimensions: 91.8 x 22
Farm Type:
Crop Type:
Zoning: Business/Commercial
Additional Exterior/Lot Features: Road Frontage - City
Soil Type:
Tillable Acres:
Other Deposit Fees:
Covenants/Deed Restrictions:
Terms:
Tenant Pays:
Owner Pays:
Annual Income: $22,260
Ownership Type:
Tax/Property ID: 171000424
Tax Amount: $2,182
Tax Year: 2020
HomeStead Description: Non-Homesteaded
| Date | Price | Change |
|---|---|---|
| 8/13/2020 05:18 PM | $239,900 |
A broker reciprocity listing courtesy: RE/MAX Venture
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2021 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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Data powered by Onboard Informatics. Copyright© 2021. Information deemed reliable but not guaranteed.
| Schools in attendance boundaries | Grades | Distance | SchoolDigger® Rating i |
|---|---|---|---|
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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