315 N Cedar Avenue, Owatonna, MN 55060
sale
$388,900
|
Other
Courtesy Of RE/MAX Venture
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.
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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Forced Air
- Legal Description: BLK 20 S22' OF N38 2/3' OF LOT 19 EXCEPT W6' & EXCEPT E16' AND S27'4" OF LOT 19 EXCEPT W6' & EXCEPT
- MLSID: 6658425
- Roof Type: Rubber
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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