1418 S Oak Avenue, Owatonna, MN 55060 (MLS# 7146134)

1418 S Oak Avenue, Owatonna, MN 55060

$1,350,000
Property Type: Commercial Bedrooms: 25 Baths: 25 Lot Size (sq. ft.): 23,087 Status: Active
Current Price: $1,350,000 List Date: 9/18/2026 Last Modified: 9/18/2026

Overview

Description

Investment opportunity! Available for purchase! Owner established hospitality business with a proven operating history and two proven streams of income under one roof! This property includes 13 traditional motel units, 12 extended stay units. A total of 25 units and if that wasn't enough this motel includes a spacious 4 bedroom management residence. Conveniently offers front office & lobby with mini bar and check in-out desk. The Oakdale Motel in the heart of Owatonna operated since 1998 is a well known lodging destination serving Owatonna and the surrounding communities located near I-35 and US Hwy 14. Oakdale Motel has an established presence in the local hospitality market. The combination of traditional and extended stay accommodations provides flexibility to capture both short term and long term guests. This is more than a motel it's an income producing investment with 2 revenue streams of income with an established market presence and room to grow. Oakdale Motel deserves a seri ...

Listing Details MLS# 7146134

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
24
Waterfront YN
No
Year Built
1953
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7509
Power Company
Other
For Sale or Lease
For Sale
Acres
0.53
Lot Dimensions
23261
Assessment Pending
No

Property Features

Accessible: No Stairs External Air Conditioning: Window Unit(s) Amenities Shared: Hot Tub Amenities Unit: Cable; Ceiling Fan(s); Hot Tub; Tile Floors Appliances: Cooktop; Range; Refrigerator Basement: None CMU Style: Other Commercial Kitchen Appliances: Other Construction Materials: Frame Construction Status: Previously Owned Current Use: Hotel/Motel Existing Financing: Conventional Exterior: Vinyl Fencing: None Flooring: Carpet; Tile; Vinyl/Linoleum Foundation: Brick/Mortar Fuel: Natural Gas Heating: Baseboard Internet Options: Satellite Location Description: Downtown Lock Box Type: None Lot Description: Corner Lot Miscellaneous Information: Alarms; Furnished Units On Site Utilities: Heating Common Owner Pays: All Utilities Parking Characteristics: Paved Lot Pool Description: None Rent Rate per Foot: Other Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sewer: City Sewer/Connected Tenant Pays: None Topography: Level Wall Description: Drywall Water: City Water/Connected Window Features: Blinds

Contract Information

Contingency
None
ListPrice
1350000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1418
Street Direction Prefix
S
Street Name
Oak
Street Suffix
Avenue
Postal City
Owatonna
County
Steele
State
MN
Zip Code
55060
Complex/Dev/Subdivision
South Oak Comm Twnhs

Assessments

Tax With Assessments
4448

Building Information

Building Finished SqFt
7509
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Leases

Unit 1

Unit Number
Yes
Full Baths
13
Total Bathrooms
13
Total Bedrooms
13
Total Rooms
13
Level
Main Level

Unit 2

Full Baths
12
Level
2nd Level
Total Bathrooms
12
Total Bedrooms
12
Total Rooms
12
Unit Number
2

Unit Details

Total Units
25
IDX
Listing Office: Real Broker, LLC
Last Updated: September - 18 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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