1940 S Cedar Avenue Owatonna, MN ^$ 199,900

1940 S Cedar Avenue

^$ 199,900

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1940 S Cedar Avenue

Owatonna, MN, 55060

^$ 199,900

Studio Baths0.0 Sq 6,312

Monthly Estimate*

^$ 1,396

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 1

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 2

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 3

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 4

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 5

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 6

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 7

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 8

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 9

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 10

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 11

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 12

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 13

1940 S Cedar Avenue, Owatonna, MN 55060 - Image 14

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Studio

Commercial Property for sale in Owatonna, MN

for $199,900. This 6,312 square foot building was built in 1940 on a lot size of 0.44.

Great commercial opportunity on the south side of Owatonna. Conveniently located neat highway 14 and the new Owatonna High School.

Commercial Active

Price

^$ 199,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,580

Style

Lot Size

0.44

Year Built

1940

Town/City

Owatonna

County/Region

Steele

MLS | Web ID

6457328

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Construction Materials Block

Year Built 1940

Tax Year 2022

Current Use Storage Facility Warehouse

Accessibility None

County Steele

Property Type Commercial Sale

Contingency None

Possible Use Office Retail Shop Warehouse Investment

Directions Take I35 south to highway 14. Go east on highway 14 exit on S Cedar Ave. Go north on S Cedar Ave property is on the west side of the road.

City Owatonna

Buyer Agent Compensation 2.50

High School District Owatonna

Zoning Description Business/Commercial

Total Units 1

Street Name Cedar

Land Lease Y/N N

Tax Annual Amount 5580

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 0.44

Building Area Total 6312

Lot Dimensions 280x70

Lot Size Units Acres

Foundation Area 6312

Road Frontage Type City Street Curbs Paved Streets Sidewalks

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Street Suffix Avenue

Fuel Natural Gas

Internal Only

Street Number 1 1940

* Excluded Features

List By

Coldwell Banker River Valley, Realtors

Broker

chadhacker77@gmail.com

Affordability Calculator

$1,861

Per Month

Monthly Principal & Interest: $1,396
Monthly Property Taxes: $465
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Owatonna, MN

Average List Price ^$563,637

Percent of Sale Price 182%

About Owatonna, MN

25,733 Population

13% Since 2002

^$56,594 Median Income

38.9 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708449 Elementary School

708755 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/8/2023	$199,900		Listed Price

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1940 S Cedar Avenue, Owatonna, MN, 55060 is a Commercial Property for sale at $199,900 with 6,312 sqft and a lot size of 0.44. 1940 S Cedar Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 55060 which is in Owatonna, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The 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.

Data is updated as of 4/28/2024.

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1940 S Cedar Avenue

Commercial Property for sale in Owatonna, MN

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