100 State St N - Restaurant FOR SALE


Waseca, MN 56093
$980,000 USD
952-260-0330
100 State St N, Waseca, MN for Sale
$980,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

100 State St N
Waseca, MN 56093


HIGHLIGHTS

  • This property is in a prime location with consistent foot traffic, ensuring excellent visibility and customer flow.
  • There is ample parking available for customers, making access convenient and hassle-free.
  • The dining space is modern and inviting, creating a welcoming atmosphere for guests.
  • The lower level includes an additional 1,339 square feet of leasable space, offering extra income potential.
  • The property features an established restaurant layout, minimizing startup costs for another dining establishment.
  • Situated in the heart of downtown Waseca, this prime location offers high visibility, steady foot traffic, and close proximity to local amenities.

OVERVIEW

Located in the heart of downtown Waseca, 100 and 102 State St N present an exceptional investment opportunity with a diverse mix of income-generating spaces and modern updates. These two buildings offer a unique blend of functionality and charm, making them a valuable addition to any portfolio. 100 State is a vibrant multi-use property that includes three thoughtfully designed short-term rental units, two versatile event spaces, and a main-level retail office space. The building also features a thriving restaurant space, adding to its dynamic appeal. Next door, 102 State complements with a spacious retail area on the main level, a flexible short-term rental and event space, and additional storage opportunities. Situated in a prime location with high visibility and foot traffic, these buildings offer endless possibilities for rental income, business operations, and event hosting. Don't miss the chance to invest in this unique property and unlock its full potential!

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Refinery 507

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

17.100.1420

ASK ABOUT THIS PROPERTY

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952-260-0330

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952-260-0330

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