315 N Cedar AVE Active Save Request In-Person Tour Request Virtual Tour
Owatonna,MN 55060
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Original Town
MLS Listing ID 6658425
Year Built 1914
Annual Tax Amount $5,982
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50 x 110
Property Sub-Type Mixed Use
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
Inclusions Building
Fireplace No
Exterior
Parking Features Carport,Detached,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
Structure Type Brick/Stone
Schools
School District Owatonna