1010 Hoffman DrOwatonna, MN 55060
- Commercial real estate
- 7.32 AC
Property Details for 1010 Hoffman Dr
- Year built
- 1986
- Lot size
- 7.32 AC
- Property type
- Commercial real estate
- APN
- 17-343-0101
- APU
- 173430101
Description
This exceptional flex space, located at 1010 Hoffman Dr NW in Owatonna, Minnesota, offers 6,400 square feet of immediately available space within a larger 69,971 square foot industrial building. The property is situated on a substantial 321,351 square foot lot in Steele County, offering ample room for expansion or outdoor storage. The space is part of a multi-tenant building and is highly adaptable to a variety of uses. The minimum divisible space is 6,132 square feet, providing flexibility for businesses of different sizes. Its convenient location next to Anytime Fitness provides excellent visibility and accessibility. The property's current configuration is well-suited for showroom, warehouse, or manufacturing operations. However, with potential modifications, including the addition of a front entrance, the space could easily be adapted for retail use, such as a garden center or nursery, taking advantage of the generous outdoor space. The property's zip code is 55060. This prime location in Owatonna presents a unique opportunity for businesses seeking a versatile and well-positioned industrial space. The available space is contiguous, offering efficiency and ease of operation.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $60,078,236
- Hospitality
- $55,031,340
- Educational
- $45,785,428
- Medical
- $47,360,060
- Retail
- $71,221,776
Location Insight
- City
- Owatonna
- County
- Steele
- State
- Minnesota
- Latitude
- 44.096
- Longitude
- -93.2342
- CBSA code
- 36940
- CBSA name
- OWATONNA, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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