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🏢 Just listed — Residential Land for sale in Owatonna, MN.

📍 4th Avenue Southeast, Owatonna, MN
🏷  Residential Land · For Sale
💰 $425K

Flexible B-2 and R-6 zoning

<ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">These 3.89 acres are located off 4th Ave SE and 22nd St. SE</span></li></ul><p></p><ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Located in South Owatonna across from the fairground

Full financials, photos, and broker contact:
https://commrty.com/property/minnesota/owatonna/high-visibility-owatonna-development-site-2556482-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=high-visibility-owatonna-development-site-2556482

#Owatonna #Land #CommercialRealEstate #CRE #Investment

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Home/MN/Owatonna

4th Avenue Southeast

Owatonna, MN 55060

Asking Price

$425K

Asset Type

Residential Land

Class

Class B

What's Special

Flexible B-2 and R-6 zoning <ul><li>These 3.89 acres are located off 4th Ave SE and 22nd St. SE</li></ul><ul><li>Located in South Owatonna across from the fairgrounds with easy access to HWY 14</li></ul><ul><li>Near restaurants, entertainment, and the recently opened Hy-Vee </li></ul><ul><li><span style="color: rgba(0,0,0,var(--O42jJ

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

18.82%

DSCR

3.17

Strong

Cash-on-Cash

42.96%

Monthly Payment

$2,102.668

Annual Cash Flow

$54,767.983

Location & Travel Times

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Contact for price

Class B | Commercial

TBD 34th Avenue, Owatonna, MN 55060

Listed by Owner · For Sale