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1601 8th St SE 8,501 SF Vacant Office Building Orange City, IA 51041 $961,602 CAD ($113.12 CAD/SF)
Investment Highlights
- Flexible two-level layout supports owner-users, multi-tenant occupancy, or investment strategies with separate entrances and restrooms.
- Solid concrete construction, updated mechanical systems, and interior improvements support immediate occupancy.
- Ample on-site parking and convenient access enhance usability for employees, clients, and visitors.
- Two ADA-accessible levels can operate together or independently, accommodating a variety of professional office users.
- Prominent visibility along Highway 14 provides strong exposure between the Mankato and Owatonna markets.
- Distinctive fieldstone exterior sourced from local farms creates a unique professional presence in Waseca’s southeast business district.
Executive Summary
This meticulously maintained professional office building offers an outstanding opportunity for an owner-user or investor seeking a quality commercial property in Waseca's southeast business district. The flexible floor plan accommodates a variety of professional uses, including legal, financial, insurance, medical, and general office operations. With a highly visible location, convenient access to major transportation routes, and proximity to residential neighborhoods and complementary businesses, the property provides an excellent setting to serve both local and regional clients. Move-in ready and adaptable to evolving business needs, 1601 8th Street SE is a turnkey opportunity with long-term value.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
8,501 SF
Building Class
C
Year Built
1979
Price
$961,602 CAD
Price Per SF
$113.12 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,501 SF
Building FAR
0.13
Lot Size
1.51 AC
Amenities
- Conferencing Facility
- Wheelchair Accessible
- Reception
- Storage Space
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 17-34-351-006 | Improvements Assessment | $1,009,696 CAD |
| Land Assessment | $359,044 CAD | Total Assessment | $1,368,740 CAD |
Property Taxes
Parcel Number
17-34-351-006
Land Assessment
$359,044 CAD
Improvements Assessment
$1,009,696 CAD
Total Assessment
$1,368,740 CAD
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1601 8th St SE
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