03-307-309 2nd Street NW, Waseca, MN 56093 (MLS# 7147655)

03-307-309 2nd Street NW, Waseca, MN 56093

$525,000
Property Type: Commercial Lot Size (sq. ft.): 23,087 Status: Active
Current Price: $525,000 List Date: 9/23/2026 Last Modified: 9/24/2026

Overview

Description

Unique commercial property with 9 apartments and 16 self-storage units. $79,932 YTD current gross income. Apartments fully occupied. Tenants pay their own heat/electric. Sqft of building listed is just of the main level. Unsure true age of building.

Listing Details MLS# 7147655

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8037
For Sale or Lease
For Sale
Acres
0.53
Lot Dimensions
150x83x127x32x23x116
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Wall Unit(s); Window Unit(s) Amenities Shared: None CMU Style: Apartments and Retail; Apartments/Multi Family; Low Rise; Mixed Use; Storage Unit Construction Status: Previously Owned Current Use: Commercial; Office; Residential; Storage Facility Exterior: Block; Vinyl; Other Foundation: Other Fuel: Natural Gas Heating: Other Loan Terms: Cash; Conventional; Other Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot; Irregular Lot On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate; Hot Water Common Owner Pays: Water Pool Description: None Potential Use: Other Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
525000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
03-307-309
Street Name
2nd
Street Suffix
Street
Street Direction Suffix
NW
Postal City
Waseca
County
Waseca
State
MN
Zip Code
56093
Complex/Dev/Subdivision
Trowbridges Add

Assessments

Assessment Balance
324
Tax With Assessments
8010

Building Information

Building Finished SqFt
8037

More Information

Income and Expenses

Annual Gross Income
79932

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Leases

Unit 1

No. of 1 Bedroom Units
8

Unit Details

Total Units
9

Unit Information

No. of Efficiency Units
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: September - 24 - 2026
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