UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 19,602 sqft
Price per Sqft $18
Subdivision Phelps Add
MLS Listing ID 6653271
Bedrooms 8
Year Built 1893
Annual Tax Amount $3,704
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 82.30 x 74
Property Description
Discover this exceptional cash-flow-generating property perfectly situated in the vibrant heart of Owatonna. Boasting historic charm with updates throughout, this property is an ideal investment for those seeking minimal maintenance and steady income.
Upgrades include a new roof, newer energy-efficient windows, and fresh paint throughout, ensuring long-term durability and appeal. The property's historic character shines through with unique architectural details, while thoughtful updates enhance its functionality and desirability.
Whether you're a seasoned investor or a first-time buyer, this property offers an incredible opportunity to generate income while owning a piece of Owatonna's rich history. Don't miss out on this rare find!
Contact us today for a private tour or more details.
Location
State MN
County Steele
Community Phelps Add
Direction Coming from I-35, take the Bridge Street exit and head east into Owatonna. Continue on Bridge Street which turns into Main Street until you reach Cedar Avenue, then turn right onto Cedar Avenue. Follow Cedar Avenue south, and you will arrive at 717 S Cedar Avenue on the left.
Interior
Heating Baseboard
Cooling Window
Window Features Blinds
Exterior
Parking Features Driveway - Gravel, Unassigned, Uncovered/Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Asphalt Shingles
Accessibility None
Building
Water City Water/Connected
Others
Senior Community No
Tax ID 171010519
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