1418 S Oak Ave

Owatonna, MN 55060
  • $1,350,000

    Price
  • 25

    Bed
  • 25

    Bath
  • 0.53

    Acre

About the Listing 200018 - 503514384

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!

Listing Highlights

Status Active
Days on Site 5
Property Type Commercial Sale
MLS ® 7146134
Year Built 1953
Lot/Acreage 0.53
County Steele
School District Owatonna

Interior Details

  • Bedrooms: 25
  • Bathrooms: 25 Full
  • Appliances: Cooktop, Range, Refrigerator
  • Air Cond: Window Unit(s)
  • Heating: Baseboard,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: Cable,Ceiling Fan(s),Hot Tub,Tile Floors
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: N/A
  • Lot Dimensions: 23261
  • Zoning: Business/Commercial
  • Roof: Age Over 8 Years,Asphalt
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Paved Lot

Financial Details

  • Tax Amount: $4,448
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 174320114
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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Questions About..

1418 S Oak Ave Owatonna, MN 55060

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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