Waseca, only a short trip from the Twin Cities Metro, is also straight shot along MN HWY 13 from Prior Lake and Savage. This quaint downtown offers unique specialty shopping and hospitality, while providing ample service businesses. There are two lakes within city limits and various large employers including a University of Minnesota Research Campus, Walmart and a Mayo Clinic Health System Clinic. This charming community is a great opportunity for investors!
This mixed use property in downtown Waseca is comprised of high foot-traffic commercial space and 10 residential units, fully leased. Residential units consist of a ground level single-bedroom apartment (ADA compliant), four second level two-bedroom apartments and five second level one-bedroom units. With more than 7,000 square feet fully leased, only an additional 400 SF space has yet to be leased on the main sidewalk – a perfect spot for a small office or retail space. This corner lot building also features off-street tenant parking in the rear alley is a must see investment opportunity.
