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315 S Grove Ave - Former College Campus / Company Headquarters 370,000 SF Specialty Building Offered at $15,000,000 in Owatonna, MN 55060
Executive Summary
This Property sits in the heart of downtown Owatonna, Minnesota. Great location for a College, Corporate Headquarters, Training Facility, Trade School, Medical Facility, Company Headquarter, Boarding School, Summer Camp, etc. A 19 acre campus with 13 beautifully historic renovated buildings, in a small entrepreneurial community with multiple worldwide company headquarters. There is a full Gymnasium, Many Academic Large and Small Classroom Buildings, 400 seat Auditorium-Theater, Dining Hall with with newer commercial-professional food equipment, 3 Dormitories with a total of 300 large, nice dorm rooms each room can sleep up to 3 people. There is a total of 11 renovated buildings and 2 large executive historic homes on 19 acres. The buildings are block and brick construction. All of the buildings have had extensive remodeling over the last 12 years. Beautiful Historic style campus. It would cost substantial money to buy property and build solid buildings like this. Each dorm to build today would be about 16+ million alone. Add all the other buildings in and the property-this listing is an amazing low price. New roofing, New Boilers, New Sidewalks over tunnels, All up to code, No Asbestos, All building tuck-pointed, New large Commercial Kitchen, Freezers, Refrigerator, Updated LED Lighting, New Carpet, New Paint, New Plumbing, Showers, Restrooms, and much more. Remodeled with care and diligence for ease of Maintenance for many years. , Buyers agent fees are negotiable. Owner is willing to carry the paper,. terms are negotiable.
Property Facts
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 17-630-0101 | Improvements Assessment | $873,600 |
| Land Assessment | $745,200 | Total Assessment | $1,618,800 |
Property Taxes
Parcel Number
17-630-0101
Land Assessment
$745,200
Improvements Assessment
$873,600
Total Assessment
$1,618,800
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315 S Grove Ave - Former College Campus / Company Headquarters