152 E Pearl Street, Owatonna, MN 55060 (MLS# 7138244)

152 E Pearl Street, Owatonna, MN 55060

$500,000
Property Type: Commercial Square Footage: 3,452 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $500,000 List Date: 9/03/2026 Last Modified: 9/03/2026

Overview

Description

Prime downtown Owatonna commercial opportunity available for lease or for sale! This versatile property offers 2,252 sq. ft. on the main level with 8 offices, conference room, welcoming lobby, large reception area with concrete countertop, and 3 bathrooms. A high-ceiling basement provides additional storage and potential expansion space. Enjoy the convenience of a private parking lot, a valuable feature in the heart of downtown. Recent updates include a new roof and freshly painted exterior. Ideal for professional offices, service-based businesses, or an owner-user looking to invest in a great downtown location.

Listing Details MLS# 7138244

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
12
Owner Occupied
No
Waterfront YN
No
Year Built
1984
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2252
Power Company
Other
For Sale or Lease
For Sale
Acres
0.2
Lot Dimensions
67x131.5
Assessment Pending
No

Property Features

Accessible: Door Lever Handles; Doors 36"+; Grab Bars In Bathroom Air Conditioning: Central Air Appliances: Refrigerator Basement: Concrete Block; Full; Storage Space CMU Style: Business Opportunity; Freestanding; Office Construction Materials: Frame Construction Status: Previously Owned Current Use: Business Service; Commercial; Office; Professional Service Exterior: Wood Flooring: Carpet; Tile Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown; Free Standing Lock Box Type: Supra Lot Description: Corner Lot Miscellaneous Information: Building Sign; Exterior Lighting On Site Utilities: Electric Common; Heating Common Parking Characteristics: Parking Lot; Paved Lot Potential Use: Office; Professional Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: One Topography: Level Wall Description: Drywall Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
152
Street Direction Prefix
E
Street Name
Pearl
Street Suffix
Street
Postal City
Owatonna
County
Steele
State
MN
Zip Code
55060
Complex/Dev/Subdivision
Original Town

Assessments

Tax With Assessments
9716

Building Information

Building Finished SqFt
2252
Building SqFt
3452

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Documents

IDX
Listing Office: eXp Realty
Last Updated: September - 03 - 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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