102 State St N - Office FOR SALE


Waseca, MN 56093
$620,000 USD
612-819-8285
102 State St N, Waseca, MN for Sale
$620,000 USD
Office - FOR SALE
1/35
null | Request Cap Rate

102 State St N
Waseca, MN 56093


HIGHLIGHTS

  • This property is in a prime location with consistent foot traffic, ensuring excellent visibility and customer flow.
  • The main level includes a retail office space, ideal for businesses seeking high visibility and foot traffic.
  • The property boasts two versatile event spaces, perfect for hosting gatherings, meetings, or special occasions.
  • A rooftop entertaining space provides a unique setting, making it an excellent venue for live music performances and social events.
  • Recently upgraded and move-in ready, this space allows for immediate occupancy with minimal setup.
  • The properties feature flexible-use spaces, including retail, office, event, and residential options, allowing for diversity of income.

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

$620,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

102 State St. N

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

17.100.1400

ASK ABOUT THIS PROPERTY

Scott NaaszKW CommercialMore Info
612-819-8285

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Scott NaaszKW CommercialMore Info
612-819-8285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.