315 N Cedar Avenue, Owatonna, MN
$388,900
6,212
Square feet
0.12
Acres
About 315 N Cedar Avenue
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.
Features of 315 N Cedar Avenue
| MLS® # | 6658425 |
|---|---|
| Price | $388,900 |
| Square Footage | 6,212 |
| Acres | 0.12 |
| Year Built | 1914 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Style | Mixed Use |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 315 N Cedar Avenue |
|---|---|
| Subdivision | Original Town |
| City | Owatonna |
| County | Steele |
| State | MN |
| Zip Code | 55060 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Carport, Detached, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Roof | Rubber |
|---|---|
| Construction | Brick/Stone |
School Information
| District | Owatonna |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,982 |
| Tax Year | 2024 |
| Office | RE/MAX Venture |
Listing Details
| Office | RE/MAX Venture |
|---|