$850,000
100 State Street N Waseca, MN 56093
For Sale MLS# 7010269
9,020 sq ft Commercial
Details for 100 State Street N
MLS# 7010269
Description for 100 State Street N, Waseca, MN, 56093
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.
Listing Information
Property Type: Commercial, Business Opportunity
Status: Active
Lot Size: 0.18 Acres
Square Feet: 9,020 sq ft
Year Built: 1906
Foundation: 3,378 sq ft
Subdivision: City/Waseca
Number Of Units Total: 7
Current Use: Business Service,Commercial,Event Space,Hotel/Motel,Office,Vacant
County: Waseca
Days On Market: 56
Construction Status: Previously Owned
School Information
District: 829 - Waseca
Interior Features
Appliances: Water Softener - Owned, Gas Water Heater
Flooring: Other/See Remarks,Wood
Basement: Full, Partial Finished, Owner Access, Storage Space
Accessibility: Wheelchair Ramp
Additional Interior Features: Ceiling Fan(s), Hardwood Floors
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Parking Description: gravel lot, On-Street Parking Only
Exterior: Brick/Stone
Zoning: Business/Commercial
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Fixture/Equipment,Leases, Road Frontage - City
Driving Directions
From I-35, take exit 40 from mn-14 west toward Waseca. follow mn-14 west for about 20 miles. Take the mn-13 exit towards Waseca, then turn onto Mn-13 south. continue for about 2 miles, turn right onto 2nd Ave NW, and left onto state St N. destination is on the right.
Financial Considerations
Tax/Property ID: 171001420
Tax Amount: 7236
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Berkshire Hathaway HomeServices Advantage Real Est
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.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 100 State Street N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 100 State Street N
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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.
SchoolDigger ® Rating
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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