$525,000
Waseca, MN 56093
MLS# 7147655
1 / 39
Property 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.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $525,000
Contingency: None
ListPrice: 525000
List Date: 2026-09-21
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Owner Occupied: No
Waterfront YN: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 150x83x127x32x23x116
Acres: 0.53
Foundation Size: 8037
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: SUBDIV OF BLK 1 TROWBRIDGES LOT 7 & BEG 31.90FT S OF NE COR OF LOT 6;THENCE N89DEGW 22.68FT;THENCE S32FT;THENCE N89DEGE 22.68FT TO SE COR OF LOT 6;THENCE N32FT TO PT OF BEG BLK 1
Listing City: Waseca
Map Page: 999
Municipality: Waseca
School District: Waseca
School District Phone: 507-835-2500
Zip Plus 4: 3536
Property ID Number: 176150070
Tax Year: 2026
Tax Amount: 7686
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: Old US 14 through town, north on 2nd Street. Property at the corner of 2nd and 3rd Ave.
Accessible
None: 1
Air Conditioning
Wall Unit(s): 1
Window Unit(s): 1
Amenities Shared
None: 1
Assessments
Assessment Balance: 324
Assessment Installment: 0
Tax With Assessments: 8010
Building Information
Building Finished SqFt: 8037
Construction Status
Previously Owned: 1
Exterior
Block: 1
Vinyl: 1
Other: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Other: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Lot Description
Corner Lot: 1
Irregular Lot: 1
Miscellaneous Information
Homestead: No
Owner Pays
Water: 1
Ownership
Fractional Ownership: No
Pool Description
None: 1
Rental License Type
Standard: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sale Includes: Leases
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
No. of 1 Bedroom Units: 8
Unit Details
Total Units: 9
Water
City Water/Connected: 1
Income and Expenses
Annual Gross Income: 79932
Tenant Pays
Electricity: 1
Gas: 1
On Site Utilities
Electric Common: 1
Electric Separate: 1
Heating Common: 1
Heating Separate: 1
Hot Water Common: 1
CMU Style
Apartments and Retail: 1
Apartments/Multi Family: 1
Low Rise: 1
Mixed Use: 1
Storage Unit: 1
Current Use
Commercial: 1
Office: 1
Residential: 1
Storage Facility: 1
Loan Terms
Cash: 1
Conventional: 1
Other: 1
Location Description
Free Standing: 1
Potential Use
Other: 1
Unit Information
No. of Efficiency Units: 1
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
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
Listing Office: RE/MAX Results
Last Updated: September - 23 - 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.
