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Active NEW!
$360,000
/mo Edit
Commercial:  1 Story
Built 1990
0.132 acres
MLS# 7017642
My rating:
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    Property Description

    Excellent quick-service restaurant opportunity in Downtown Owatonna, Minnesota. Owatonna serves as a vibrant regional hub with strong local and visitor demand. This former Pizza Hut features built-in restaurant infrastructure, including hood and venting, a walk-in cooler/freezer, and an established layout suited for efficient operations. Positioned on a high-visibility site within Owatonna’s downtown retail and dining district, the property benefits from convenient access to major corridors (I-35/US-14) and a diverse, growing local economy. Ideal for local, regional, or national concepts, this location offers a compelling entry point with exposure, infrastructure, and strong market fundamentals already in place.

    Listing

    Contingency: None
    City: Owatonna
    County: Steele
    State: MN
    Property Style: 1 Story
    Zip Code: 55060

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,266 ft2
    Handicap Accessible: Partially Wheelchair
    Heating System: Other
    Parking Features:
    • Parking Lot
    • Paved Lot

    Lot & Land

    Acres: 0.132
    Geolocation: 44.084522, -93.22828
    Inclusions: Building
    Lot Dimensions: 103 x 55 x 103 x 55
    Zoning: Business/Commercial

    Schools

    School District: 2258
    District Phone: 5074448610

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,550
    Lender-owned: Not Disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,550

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Food Service
    Fuel System: Other
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Realty Growth Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.