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

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

$1,350,000
1418 S Oak Avenue
Owatonna, MN 55060
MLS# 7146134
25 beds  |  25 baths
1418 S Oak Avenue, Owatonna, MN 55060
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Property 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 serious look!

Details
Maps
Contract Information
Status: Active
Current Price: 1350000
Contingency: None
ListPrice: 1350000
List Date: 2026-09-17
Owner is an Agent?: No
Auction?: No
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
Bedrooms: 25
Baths Total: 25
Foundation Size: 7509
Power Company: Other
For Sale or Lease: For Sale
Acres: 0.53
Lot Dimensions: 23261
Assessment Pending: 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
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: 1
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
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

Listing Office: Real Broker, LLC

Last Updated: October - 09 - 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.

Saturday 10th of October 2026 08:43 PM

218-998-4400

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