Owatonna, MN 55060,315 N Cedar AVE
Owatonna, MN 55060,315 N Cedar AVE
Owatonna, MN 55060,315 N Cedar AVE
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$388,900
Est. payment /mo
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5 Beds
3 Baths
5,401 Sqft Lot
Active

315 N Cedar AVE Owatonna, MN 55060

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Lisa Martin

Lisa Martin

+1(763) 516-2231

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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

Tax Year 2024

Contingent Other

Lot Size 5,401 Sqft

Acres 0.124

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

Zoning Business/Commercial

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Inclusions Building

Fireplace No

Exterior

Parking Features Carport, Detached Garage, Other

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Rubber

Present Use Residential,Retail

Building

Story Two

Foundation 4052

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Owatonna

Listed by Matthew Gillard • RE/MAX Venture

NEARBY SCHOOL & BUSINESS

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Lisa Martin

Lisa Martin

Broker Associate | License ID: 20530660

+1(763) 516-2231

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315 N Cedar AVE