1418 S Oak Ave - Hospitality FOR SALE


Owatonna, MN 55060 | 
$1,350,000 USD
612-670-9702
1418 S Oak Ave, Owatonna, MN for Sale
$1,350,000 USD
Hospitality - FOR SALE
1/10
null | 15.05% Cap Rate

1418 S Oak Ave
Owatonna, MN 55060


OVERVIEW

The Oakdale Motel offers a rare turnkey hospitality asset in Owatonna, featuring a 25-unit mix purpose-built for diversified income streams: 13 traditional motel rooms serve transient and overnight guests, while 12 extended-stay rooms capture the steady demand from longer-term travelers, contractors, and relocating workers — a combination that smooths seasonality and keeps occupancy consistent year-round. Every room has been upgraded with Bluetooth key fob entry, giving guests a modern, keyless experience and the operator tighter security control. The property was further enhanced in 2026 with a brand-new parking lot, eliminating a major near-term capital expense for the next owner and giving the asset a fresh, well-maintained curb presence. Attached to the motel is a three-bedroom owner's/manager's residence, allowing an owner-operator to live on-site for hands-on management or to house a resident manager — a significant operational advantage that reduces staffing overhead and supports profitability. Combined with the property's extremely strong financial performance, the Oakdale Motel represents a compelling opportunity for an investor seeking a stabilized, income-producing hospitality asset with minimal deferred capital needs.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$140 USD /SF

# OF ROOMS

25

PRICE/ROOM

$54,000 {currency}

CAP RATE

15.05%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakdale Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,650 SF

ZONING

B2

APN/PARCEL ID

17-432-0113,17-432-0114

ASK ABOUT THIS PROPERTY

Charlie FeeGrant Johnson Group - Real BrokerMore Info
612-670-9702

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Charlie FeeGrant Johnson Group - Real BrokerMore Info
612-670-9702

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