Great business opportunity in a rapidly developing area of Owatonna. Current use is a car wash with an In-bay automatic, 2 self serve bays, and a self serve pet wash. Also offers drying areas and a self serve vacuum. Brand new Istobol automatic wash installed in 2024. Motivated Seller!
MLS ID: 6795221
Directions: From I35 go east on 26th street, turn left (north) on cedar. Then go east on 28th street to Landmark drive. Property is on the corner of Landmark Drive and 28th street.
MLS #: 6795221
Listing courtesy of: Coldwell Banker River Valley, REALTORS
Price: $699,900
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial
Current Use: Automotive
Total Units: 1
Annual Gross Income: $215,000
Net Operating Income: $58,000
Operating Expense: $157,000
Annual Gross Expense: $157,000
Annual Electric Expense: $6,000
Annual Fuel Expense: $7,000
Annual Insurance Expense: $5,800
Annual Annual Expense: $400
Overhead Door Clearance: 10-14 Feet
Parking Features: Parking Lot
Garage Spaces: 3
Other Parking Spaces: 10
Construction Materials: Vinyl Siding
AccessibilityFeatures: No Stairs External, No Stairs Internal
Roof: Age 8 Years or Less, Asphalt, Pitched
Heating: Boiler, Heat Pump, Hot Water, Radiant Floor
Cooling: Wall Unit(s)
Year Built: 2005
Foundation Area: 3,090
Amenities - Association: None
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Complex/Dev/Sub Name: North Bluff Estates
Lot Dimensions: 155x160
Road Frontage: City Street, Curbs, Sidewalks
District: Owatonna
District Number: 761
District Phone: 507-444-8610
County: Steele
Survey Range: 20
Survey Section: 34
Survey Township: 108
Tax Year: 2024
Tax Amount: $6,100
Assessment Pending: No
Taxes w/Assessments: $6,100
This listing was last updated by Coldwell Banker River Valley, REALTORS on 12/3/2025 at 10:20 am.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 12/5/2025 1:45 am.
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