1300 5th St

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1300 5th St

Waseca, MN 56093
Asking Price
$8.94M
Asset Type
Retail
Class
Class B

What's Special

1300 5th Street Southeast is located in the southern commercial corridor of Waseca, Minnesota. The property is situated along a primary local thoroughfare, providing direct access to U.S. Route 14 and State Highway 13. The immediate neighborhood features a mix of established residential pockets and commercial developments. Nearby amenities include grocery stores, local dining establishments, and professional service offices. The site benefits from high visibility to local traffic and is positioned near regional distribution centers and manufacturing hubs, which drive daytime activity in the area. This retail asset is suited for a variety of commercial applications, including convenience retail, specialty goods, or service-oriented businesses. The floor plan and highway proximity make it an ideal location for tenants requiring easy customer access and prominent signage opportunities. Typical tenant profiles for this location include regional franchises, independent retailers, or medical-office providers seeking a footprint in a stable rural hub. The property’s positioning supports businesses that cater to both the local Waseca community and commuters traveling through the southern MN region.

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NOI
$80,000
Cap Rate
0.90%
DSCR
0.15
Underwater
Cash-on-Cash
-16.81%
Monthly Payment
$44,205.505
Annual Cash Flow
$-450,466.059

Location & Travel Times