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315 N Cedar Avenue
Owatonna MN 55060 US

$388,900

Active Listing ID 6658425
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5 bed
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Lot: 0.12 Acres
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Other

$388,900

Active Listing ID 6658425
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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.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Brick/Stone
  • Floor Covering: Carpet, Linoleum, Tile, Vinyl
  • Roof Type: Rubber
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 388900
  • unparsedaddress: 315 N Cedar Avenue
  • postalcity: Owatonna
  • stateorprovince: MN
  • country: US
  • postalcode: 55060
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.124
  • lotsizeunits: Acres
  • lotsizearea: 0.124
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.087276
  • longitude: -93.225628
  • listagentfullname: Matt Gillard
  • listagentemail: mgillard@remax.net
  • listagentkey: 3yd-RMLSMN-503500965
  • listagentmlsid: 503500965
  • listagentpreferredphone: 5074562545
  • listagentofficephone: 5074138100
  • listofficekey: 3yd-RMLSMN-26861
  • listofficemlsid: 26861
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1914
  • listingcontractdate: 2025-02-07
  • countyorparish: Steele-MN
  • parcelnumber: 171002025
  • cooling: Central Air
  • flooring: Carpet, Linoleum, Tile, Vinyl
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Carport, Garage, Garage - Detached, Other
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.22563, 44.087276
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Venture", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mgillard@remax.net", "ListBrokerageCity":"Owatonna", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mgillard@remax.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/157/387291/20181206224144547.png", "ListBrokerageName":"RE/MAX Venture", "ListBrokeragePhone":"(507) 456-2545", "ListBrokeragePostalCode":"55060", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"118 N Cedar Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"118 N Cedar Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Owatonna", "ListOfficeCountry":"US", "ListOfficeEmail":"mgillard@remax.net", "ListOfficePostalCode":"55060", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Owatonna, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6658425/?channel=rexren", "MLSModificationTimestamp":"2025-02-07T10:27:07Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5982, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 2:09:07 PM GMT
Source Updated Date: 12/5/2025 12:40:34 PM GMT

Courtesy of: Matt Gillard, RE/MAX Venture, mgillard@remax.net

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.