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$388,900

Sold

A year ago

MLS® 6658425

5 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $5,982
Approx. Age 1914
MLS® Number 6658425

Property Address: 315 N Cedar Ave, Owatonna, MN, 55060-2307

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number6658425
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1914
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Price History

Feb 9, 2026End Date
$388,900Sold Price

Sold

Feb 7, 2025List Date
$388,900List Price
  • Commute

Commute

Starting Address
Destination Address
315 N Cedar Ave, Owatonna, MN

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