For Sale
Request a price

143 Broadway St Owatonna, MN 55060

Prime Retail Space w/ Residential Income

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional owner-user opportunity presents a 8,104 square foot storefront located at 143 W Broadway St, Owatonna, MN 55060. The property, built in 1910, boasts a two-story building on a 0.1-acre lot (APN 17-100-0214). The ground floor offers approximately 4,052 square feet of adaptable retail space, currently configured with open retail areas, offices, and storage. This versatile layout is ideal for a variety of businesses. Adding to the investment potential are four one-bedroom apartments situated on the second floor, providing substantial supplemental rental income. The property consists of one building with five total units. Located in Owatonna, a city with approximately 26,000 residents and home to the Steele County Fair, this storefront enjoys a high-visibility location on West Broadway Street. This is a rare chance for an owner-operator to establish their business in a thriving community while benefiting from passive income generated by the residential units. The property's historical charm combined with its modern functionality makes it a truly unique investment opportunity.

Highlights

  • 8,104 SF retail storefront in Owatonna, MN.
  • Five units total: 4052 SF ground floor retail space plus four 1-bedroom apartments.
  • Owner-user opportunity with additional rental income from residential units.
  • Located at 143 W Broadway St, Owatonna, MN 55060.
  • Built in 1910, two-story building on a 0.1-acre lot.

Property Details for 143 Broadway St

Property type
Retail properties, Retail space
Square Feet
8,104 SF
Year Built
1910
Buildings
1
Stories
2
Lot Size (sq. ft)
4,356 SF
Units
5

Location Insight

City
Owatonna
County
Steele
State
Minnesota
Latitude
44.084282855004
Longitude
-93.22798424055

FAQs

What type of property is this?
Retail property - Prime Retail Space w/ Residential Income
Where is the retail property located?
The property is located at 143 Broadway St Owatonna, MN.
What are key features of this property?
This property features: 8,104 SF retail storefront in Owatonna, MN.; Five units total: 4052 SF ground floor retail space plus four 1-bedroom apartments.; Owner-user opportunity with additional rental income from residential units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
143 Broadway St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message