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1940 S Cedar Ave 7,213 SF Industrial Building Owatonna, MN 55060 $395,000 ($54.76/SF)
EXECUTIVE SUMMARY
• 0.98 acres available for your next redevelopment.
• Great location in Owatonna! Across the street from the well known multi billion dollar Federated Mutual Insurance’s International Headquarters as well as just a mere 5 minutes from Downtown Owatonna.
• Let Owatonna’s charm draw you in as you stroll the historic downtown.
• Great location in Owatonna! Across the street from the well known multi billion dollar Federated Mutual Insurance’s International Headquarters as well as just a mere 5 minutes from Downtown Owatonna.
• Let Owatonna’s charm draw you in as you stroll the historic downtown.
PROPERTY FACTS
| Price | $395,000 | Lot Size | 1.20 AC |
| Price Per SF | $54.76 | Rentable Building Area | 7,213 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Showroom | Parking Ratio | 1.53/1,000 SF |
| Building Class | C |
| Price | $395,000 |
| Price Per SF | $54.76 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 7,213 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.53/1,000 SF |
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 17-021-1103 | Improvements Assessment | $57,800 |
| Land Assessment | $135,300 | Total Assessment | $193,100 |
PROPERTY TAXES
Parcel Number
17-021-1103
Land Assessment
$135,300
Improvements Assessment
$57,800
Total Assessment
$193,100
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1940 S Cedar Ave
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