1418 S Oak AVE, Owatonna, MN 55060
1418 S Oak AVE, Owatonna, MN 55060
1418 S Oak AVE, Owatonna, MN 55060
1418 S Oak AVE, Owatonna, MN 55060
1418 S Oak AVE, Owatonna, MN 55060
1418 S Oak AVE, Owatonna, MN 55060
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$ 1,350,000
Est. payment | /mo

25 Beds

25 Baths

0.53 Acres Lot


$ 1,350,000
Est. payment | /mo

25 Beds

25 Baths

0.53 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision South Oak Comm Twnhs

MLS Listing ID 7146134

Bedrooms 25

Year Built 1953

Annual Tax Amount $4,448

Tax Year 2026

Contingent None

Lot Size 0.534 Acres

Lot Dimensions 23261

Property Description

Investment opportunity! Available for purchase!
Owner established hospitality business with a proven operating history and two proven streams of income under one roof!
This property includes 13 traditional motel units, 12 extended stay units. A total of 25 units and if that wasn't enough this motel includes a spacious 4 bedroom management residence.
Conveniently offers front office & lobby with mini bar and check in-out desk.

The Oakdale Motel in the heart of Owatonna operated since 1998 is a well known lodging destination serving Owatonna and the surrounding communities located near I-35 and US Hwy 14.

Oakdale Motel has an established presence in the local hospitality market.
The combination of traditional and extended stay accommodations provides flexibility to capture both short term and long term guests.
This is more than a motel it's an income producing investment with 2 revenue streams of income with an established market presence and room to grow.
Oakdale Motel deserves a serious look!

Location

State MN

County Steele

Zoning Business/Commercial

Rooms

Basement None

Kitchen Other

Interior

Heating Baseboard

Cooling Window Unit(s)

Flooring Carpet, Tile, Vinyl

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Leases

Fireplace No

Appliance Cooktop, Range, Refrigerator

Exterior

Parking Features Paved Lot

Fence None

Pool None

Utilities Available Heating Common

Roof Type Age Over 8 Years,Asphalt

Present Use Hotel/Motel

Building

Lot Description Corner Lot

Foundation 7509

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Frame

New Construction false

Schools

School District Owatonna

Others

Virtual Tour https://zadaka-media.aryeo.com/videos/01a07808-62a9-73d8-a6d6-91099278e051

Listed by Martina Narvaez • Real Broker, LLC

Nearby Locations

David Nelson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(612) 986-4670

david@imperialhometeam.com

3609 Shepherd Hills Drive, Bloomington, Minnesota 55431, USA

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1418 S Oak AVE