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Executive Summary

This Property sits in the heart of downtown Owatonna Minnesota. A tree lined setting. Great location for a Community College, Boarding School, Training Facility, Company Headquarter, Trade School etc. There is a self contained Gymnasium, Large Classroom Building, 400 seat Auditorium, Food Hall, 3 Dormitories, all on 20 acres. The buildings are block and brick construction. The current owner operates a summer camp and could possibly lease back some of the buildings or grounds for that purpose if it worked out.

Property Facts

Price $20,381,550 CAD
Price Per SF $55.09 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Lease Option
Property Type Specialty
Property Subtype
Schools
  • Specialty Lodge Meeting Hall
Building Class B
Lot Size 20.00 AC
Building Size 370,000 SF
No. Stories 2
Year Built/Renovated 1961/2014
Tenancy Single
Parking Ratio 0.41/1,000 SF
Zoning R-3 - Former College Campus. There are 4 parcels that are available.

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
17-630-0101
Land Assessment
$1,012,555 CAD
Improvements Assessment
$1,187,021 CAD
Total Assessment
$2,199,577 CAD
  • Listing ID: 40385670

  • Date on Market: 2026-05-03

  • Last Updated:

  • Address: 315 S Grove Ave, Owatonna, MN 55060

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