1010 Hoffman DrOwatonna, MN 55060

  • Commercial real estate
  • 7.32 AC
For Lease
$8/SF/YR View listing

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
1010 Hoffman Dr, Owatonna, Minnesota

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$76,864
$446,400
$1,740,600
$2,187,000
-
$446,400
$1,740,600
$2,187,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].