Owatonna, MN 55060,113 N Cedar AVE
Owatonna, MN 55060,113 N Cedar AVE
Owatonna, MN 55060,113 N Cedar AVE
16
$212,000
$239,900
11.6%
Est.Price: ?

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2,178 Sqft Lot

113 N Cedar AVE Owatonna, MN 55060

Est. payment /mo
SOLD DATE : 07/29/2021

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Key Details

Sold Price $212,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision City/Owatonna

MLS Listing ID 5640768

Sold Date 07/29/21

Year Built 1884

Annual Tax Amount $2,182

Tax Year 2020

Contingent None

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 91.8 x 22

Property Description

INVESTORS WANTED!

Are you looking for that ‘just right’ investment? A building in an increasingly more active downtown? A building investment that has already proven that it can generate a steady revenue? Then this one checks all the boxes! This property would allow you to be the landlord of a successful street level business (operating for over 16 years). In addition, the 3 apartments upstairs have been continuously rented for the past 10 years, and have significant potential for the future. This property is centrally located in Owatonna’s downtown historic district, less than half a block from Central Park.

Location

State MN

County Steele

Zoning Business/Commercial

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Other

Utilities Available Electric Separate, Heating Separate

Roof Type Rubber

Present Use Food Service

Parking Type Other

Building

Story Two

Foundation 1650

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Owatonna

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Listed by Matthew Gillard • RE/MAX Venture

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Nicole Biczkowski

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