$550,000
102 State Street N Waseca, MN 56093
For Sale MLS# 7010286
3,925 sq ft Commercial
Details for 102 State Street N
MLS# 7010286
Description for 102 State Street N, Waseca, MN, 56093
Located in the heart of downtown Waseca, 102 State Street North offers a compelling investment opportunity with multiple income-generating possibilities. This property features a solid structure rich with distinctive character and thoughtful design throughout. Highlights include a spacious main-level retail area, ideal for a variety of business uses, a flexible short-term rental and event space providing additional revenue potential, and ample storage areas for added functionality. And, wait until you experience the upper level garage service door that leads you to the roof top entertainment paradise!Situated in a prime downtown location with excellent visibility and consistent foot traffic, 102 State Street presents outstanding opportunities for retail, rental income, or event hosting. A rare chance to invest in a character-rich property with strong upside and versatility.
Listing Information
Property Type: Commercial, Business Opportunity
Status: Active
Lot Size: 0.07 Acres
Square Feet: 3,925 sq ft
Year Built: 1908
Foundation: 2,483 sq ft
Number Of Units Total: 3
Current Use: Commercial,Event Space,Hotel/Motel,Professional Service,Storage Facility,Vacant
County: Waseca
Days On Market: 56
Construction Status: Previously Owned
School Information
District: 829 - Waseca
Interior Features
Appliances: Exhaust Fan/Hood, Range, Refrigerator, Gas Water Heater
Basement: Partial Finished, Full
Additional Interior Features: Ceiling Fan(s), Hardwood Floors, Vaulted Ceiling(s)
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: None Available
Cooling: Central
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Parking Description: Paved Lot, On-Street Parking Only
Exterior: Brick/Stone
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Leases, Road Frontage - City
Driving Directions
From I-35, take Exit 40 for MN-14 west toward Waseca. Follow MN-14 west for about 20 miles. Take the MN-13 exit toward Waseca, then turn left 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
Other Annual Tax: $89
Tax/Property ID: 171001400
Tax Amount: 1560.62
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 102 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 102 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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