Contact for Price SALE
0.27 AC
118 South State Street
Waseca, MN 56093 Mixed Use Investment - Waseca (118 State St.)


This mixed use property in downtown Waseca is comprised of high foot-traffic commercial space and 10 residential units, fully leased. Residential units consist of a ground level single-bedroom apartment (ADA compliant), four second level two-bedroom apartments and five second level one-bedroom units. With more than 7,000 square feet fully leased, only an additional 400 SF space has yet to be leased on the main sidewalk – a perfect spot for a small office or retail space. This corner lot building also features off-street tenant parking in the rear alley is a must see investment opportunity. For more information on this property, click here.

Property Type Retail
Listing ID 83BMG4
Style Retail – Street Retail
Lot Size 0.27 AC
Available Date Jan 1st, 2019

Property Highlights

4 Commercial Suites

Mixed Use Investment Opportunity

Real Alley Off-street Parking (17 Spots)

10 Apartments (1 & 2 Br)

Area Description

Area Description: Waseca, only a short trip from the Twin Cities Metro, is also straight shot along MN HWY 13 from Prior Lake and Savage. This quaint downtown offers unique specialty shopping and hospitality, while providing ample service businesses. There are two lakes within city limits and various large employers including a University of Minnesota Research Campus, Walmart and a Mayo Clinic Health System Clinic. This charming community is a great opportunity for investors!

Additional Media Area Demographics