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213 S Oak Ave 9,633 SF Office Building Owatonna, MN 55060 $1,200,000 ($124.57/SF)
Investment Highlights
- 8,033 SF Office Space with backup generator
- 10,000 VPD visibility
- 1,600 SF Shop space with in floor heat and central AC
Executive Summary
This versatile property offers an excellent opportunity for entrepreneurs looking to establish a presence in the heart of downtown Owatonna. With its spacious 8,033 office area, it is perfect for a variety of professional services, while the adjacent 1,600 shop space—with a sizable overhead door—can accommodate numerous businesses. Schedule a viewing today and imagine the possibilities for your business at this prime location!
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$37,569
|
$3.90
|
| Operating Expenses |
$9,633
|
$1.00
|
| Total Expenses |
$47,202
|
$4.90
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $37,569 |
| Annual Per SF | $3.90 |
| Operating Expenses | |
|---|---|
| Annual | $9,633 |
| Annual Per SF | $1.00 |
| Total Expenses | |
|---|---|
| Annual | $47,202 |
| Annual Per SF | $4.90 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
9,633 SF
Building Class
B
Year Built/Renovated
1890/2014
Price
$1,200,000
Price Per SF
$124.57
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,817 SF
Building FAR
1.11
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
B-3 - Central Business
Parking
10 Spaces (1.04 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 17-100-0717 | Total Assessment | $1,264,800 (2025) |
| Land Assessment | $367,100 (2025) | Annual Taxes | $37,569 ($3.90/SF) |
| Improvements Assessment | $897,700 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
Parcel Number
17-100-0717
Land Assessment
$367,100 (2025)
Improvements Assessment
$897,700 (2025)
Total Assessment
$1,264,800 (2025)
Annual Taxes
$37,569 ($3.90/SF)
Tax Year
2024 Payable 2024
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213 S Oak Ave
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