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Multi-Income Building for Sale/Lease: Retail, Restaurant & Airbnb Ready!

$980,000

100 State St N, Waseca, MN 56093

Active
Last Updated: 05/23/2025

10,743 sqft

Building Size

0.179 acres

Lot Area

Details:
Building Size:    10,743 sqft
Lot Area:    0.179 acres
Units:    5
Year Built:    1906
Floors:    2
Highlights:
  • Prime Downtown Location: Situated in the heart of downtown Waseca, offering high visibility, foot traffic, and proximity to local amenities.
  • Diverse Income Streams: Combination of short-term rental units, retail spaces, event venues, and a restaurant provide multiple revenue opportunities.
  • Strong Tenant Appeal: Modern updates throughout both buildings ensure functionality and attractiveness for a variety of uses.
  • Flexible Use Spaces: Properties include retail, office, event, and residential options, allowing for adaptive reuse or portfolio diversification.
  • Storage Opportunities: Additional storage space offers potential for added rental income or operational utility.
Description:

Located in the heart of downtown Waseca, 100 and 102 State St N present an exceptional investment opportunity with a diverse mix of income-generating spaces and modern updates. These two buildings offer a unique blend of functionality and charm, making them a valuable addition to any portfolio.

100 State is a vibrant multi-use property that includes three thoughtfully designed short-term rental units, two versatile event spaces, and a main-level retail office space. The building also features a thriving restaurant space, adding to its dynamic appeal.

Next door, 102 State complements with a spacious retail area on the main level, a flexible short-term rental and event space, and additional storage opportunities.

Situated in a prime location with high visibility and foot traffic, these buildings offer endless possibilities for rental income, business operations, and event hosting. Don't miss the chance to invest in this unique property and unlock its full potential!

From I-35, take exit 40 from mn-14 west toward Waseca. follow mn-14 west for about 20 miles. Take the mn-13 exit towards Waseca, then turn onto Mn-13 south. continue for about 2 miles, turn right onto 2nd Ave NW, and left onto state St N. destination is on the right.

Map:
Documents:
Title
waseca for sale.pdf
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NEW_Brochure__L_.pdf
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Location
Gallery