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29936533
29936534

128 Broadway St, Owatonna, MN 55060 For Sale

DS
MN 40929303
Stadheim Properties
Listed by Stadheim Properties
$495,000
143 days on market
Updated 51 days ago
Opportunity zone

Former Owatonna Armory

Details
APN 17-100-0410
Property Type Office, Retail (+1)
Sub Type Creative Office, Religious/Church (+1)
Square Footage 11,774
Net Rentable (SqFt) 11,774
Tenancy Vacant
Price per SqFt $42
Broker Co-Op Yes
Year Built 1887; 1912
Year Renovated 2012 - Mechanical; 2021 Roof
Buildings 1
Stories 3
Acreage 0.470
Zoning B3 - Downtown District
Investment Type Value Add
Ceiling Height 30
Dock High Doors 1
Sale Condition For sale by owner

RARE OPPORTUNITY - Special Purpose Event, Athletic Center, Office, Retail with Endless Possibilities

Marketing description

Never before offered to the public is the Historic Owatonna Armory located in the Heart of Owatonna’s Revitalized downtown Square! Across the street from Main doors of Federated Insurance US Headquarters, adjacent to the storied Jostens corporate headquarters and Wells Fargo’s National Historical gem the Farmers Bank of Owatonna puts this building into very elite company. Owatonna’s Cedar Ave revitalization has spurred many new businesses walking distance from the Amory, the new Marriot Downtown, Old Town Bagels, and fine dining including Romas and Toreys restaurants.

Building has been maintained by the Jostens corporation since purchased from the United States Government. Facility has received recent high value replacement items such as roof, loading doc, sprinkler system with monitoring, and mechanical.

Open slate ready for your idea and business plan!

Investment highlights

Never before offered to the public, New and Rare Opportunity!

Many building upgrades completed.

Central high traffic downtown location next to multiple Nationally renowned headquarters.

Owatonna is recognized as a rapidly expanding top 10 city in greater mn.

Listing Contacts

DS
MN 40929303
Stadheim Properties
Listed by Stadheim Properties

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Additional Information

Name
Darrin Stadheim
License
40929303
Brokerage
Diversified Property Management Services LLC
Brokerage Phone
5074561471
Title
President, Operations
Brokerage Address
1330 State Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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