For Sale: Owatonna MLS# 6795221
Active
NEW!
$725,000
Commercial: 1 Story
Built 2005
0.46 acres
Owatonna schools
MLS# 6795221
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Property Description
Great business opportunity in a rapidly developing area of Owatonna. Current use is a car wash with an In-bay automatic, 2 self serve bays, and a self serve pet wash. Also offers drying areas and a self serve vacuum. Brand new Istobol automatic wash installed in 2024. Motivated Seller!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$725,000
Property Type:
Commercial
City:
Owatonna
Garage Spaces:
3
County:
Steele
Year Built:
2005
State:
MN
Property Style:
1 Story
Zip Code:
55060
Subdivision Name:
North Bluff Estates
Exterior
Stories:
One
Garage Spaces:
3
Other Parking Spaces:
10
Air Conditioning:
Wall Unit(s)
Foundation Size:
3,090 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Heat Pump
- Hot Water
- Radiant Floor
Parking Features:
Parking Lot
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Sidewalks
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
0.46
Geolocation:
44.111419, -93.221967
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory, Land
Lot Dimensions:
155 x 160
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Underground Utilities
Schools
School District:
761
District Phone:
507-444-8610
Expenses
Annual Electric Expense:
$6,000
Annual Fuel Expense:
$7,000
Annual Insurance Expense:
$5,800
Annual Gross Expense:
$157,000
Annual Trash Expense:
$400
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,100
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,100
Income
Annual Gross Income:
$215,000
Rent
Annual Net Income:
$58,000
Units
Total Units:
1
Miscellaneous
Current Use:
Automotive
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker River Valley, REALTORS.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.