Address
152 E Pearl Street, Owatonna, MN
Price
$ 500,000
Property Attributes
  • ID#7138244
  • TypeCommercial
  • Listing Status Active
  • CountySTEELE
  • CityOwatonna
  • AreaOriginal Town
  • NeighborhoodOriginal Town
  • Zip55060
  • Style
  • Year Built1984
  • Taxes$ 9716
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3452
  • Lot Size0.202 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Prime downtown Owatonna commercial opportunity available for lease or for sale! This versatile property offers 2,252 sq. ft. on the main level with 8 offices, conference room, welcoming lobby, large reception area with concrete countertop, and 3 bathrooms. A high-ceiling basement provides additional storage and potential expansion space. Enjoy the convenience of a private parking lot, a valuable feature in the heart of downtown. Recent updates include a new roof and freshly painted exterior. Ideal for professional offices, service-based businesses, or an owner-user looking to invest in a great downtown location.

Price History
9/3/2026 Listed $500,000

General Features

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common,Heating Common
Roof Age 8 Years or Less
Appliances Refrigerator
Construction Materials Frame
Year Built 1984
Topography Level
Levels One
Tax Year 2026
Current Use Professional/Office,Commercial,Office,Professional Service
Accessibility Doors 36 +,Grab Bars In Bathroom,Door Lever Handles
County Steele
New Construction No
Property Type Commercial Sale
Contingency None
Subdivision Name Original Town
Possible Use Office,Professional Service
Directions I35 Bridge St exit head east until you reach S Elm Ave. Then turn left heading north for 3 blocks then turn left on Pearl. Property is on the corner of Pearl & S Elm.
City Owatonna
High School District Owatonna
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 9716
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Owatonna

Interior Features

Basement Block,Full,Storage Space
Basement (Y/N) Yes
Fuel Natural Gas

Exterior Features

Parking Features Concrete,Parking Lot,Paved Lot
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building,Land
Lot Size Area 0.202
Building Area Total 3452
Lot Dimensions 67x131.5
Waterfront Y/N No
Foundation Area 2252
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55060

Price
AVG $340K
$500K
Taxes
AVG $4,536
$9,716
Year Built
AVG 1999
1984
Visits
AVG 31
3
Data Provided by Inside Real Estate®

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