1601 8th St - Office FOR SALE


Waseca, MN 56093 | 
$695,000 USD
507-625-4715
1601 8th St, Waseca, MN for Sale
$695,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1601 8th St
Waseca, MN 56093


HIGHLIGHTS

  • Excellent Owner-User, Multi-Tenant or Investment Opportunity
  • Two Levels with Separate ADA-Accessible Entrances & Restrooms
  • Solid Concrete Construction with Updated Mechanicals and Interior
  • Excellent Highway 14 Visibility & Easy Access
  • Ample On-Site Parking & Flexible Office Layout

OVERVIEW

Positioned in Waseca’s growing southeast commercial corridor, 1601 8th Street SE offers a highly visible and accessible location with convenient connections to U.S. Highway 14 and State Highway 13. Centrally located in Southern Minnesota between Mankato and Owatonna, the property provides convenient regional access to surrounding communities and the Twin Cities, making it well suited for businesses serving both local and regional clients. This meticulously maintained professional office building offers a flexible, move-in-ready layout ideal for an owner-user, investor, or multi-tenant configuration. The main and walk-out lower levels can function together or independently, allowing the building to accommodate one or two businesses. Both levels feature private ADA-accessible exterior entrances, restrooms, offices, conference and reception areas, and ample storage, providing flexibility for a variety of professional, medical, financial, insurance, legal, and general office uses. Originally built in 1979, the property features solid concrete construction, updated mechanicals, fiber-optic internet service to the building, and a distinctive fieldstone exterior sourced from surrounding local farms. With excellent Highway 14 visibility, convenient access, and a versatile floor plan, 1601 8th Street SE is a unique turnkey commercial opportunity in an established and growing area of Waseca.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

3A Commercial

APN/PARCEL ID

17.020.0400

ASK ABOUT THIS PROPERTY

Dain FisherColdwell Banker Commercial Fisher GroupMore Info
507-625-4715

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Dain FisherColdwell Banker Commercial Fisher GroupMore Info
507-625-4715

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