2350 NW 26th Street

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2350 NW 26th Street

Owatonna, MN 55060
Asking Price
$1.60M
Asset Type
Medical Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property measuring 11,326 square feet of floor space
  • Current configuration designed specifically for medical office usage
  • Asset available for purchase at a price of $1,600,000
  • Property positioned at 2350 NW 26th Street in Owatonna
  • Located within the growing southern Minnesota regional business corridor

What's Special

Owatonna, Minnesota, serves as a significant regional hub within the southern portion of the state, benefiting from steady economic activity and access via Interstate 35. Situated at 2350 NW 26th Street, this 11,326-square-foot retail property is positioned within a well-trafficked commercial corridor. The facility is currently configured as a medical office, offering a versatile layout suitable for various clinical practices, outpatient services, or professional medical suites. Investors and practitioners seeking a strategic footprint in a growing suburban market will find the site provides established visibility and accessibility for clients or patients. Given the building configuration and the surrounding infrastructure, the property remains a functional candidate for continued use as a healthcare provider or potential conversion for broader retail tenants looking for high-quality space in this submarket.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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