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$199,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 2,100 Sq. Ft.
  • 0.34 Acres
  • Updated 3 days ago
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Versatile and well-maintained commercial property ideally located directly on US-218 in the heart of Blooming Prairie, offering excellent visibility and easy access. Property provides a flexible layout suited for a wide range of business uses including office setup, storage, service, or contractor operations. The building features a 1200 sq ft garage area that is heated and insulated with two overhead doors (10x10 & 10x9) with functional space for equipment or inventory. Welcoming 900 sq ft finished space is ideal for administrative or client facing needs. Updates include new furnace, new central air, freshly painted and new flooring in last year. Ample parking and outdoor space enhance usability and convenience making the property ready to accommodate growing or established businesses. Positioned on a main thoroughfare on a corner lot with strong exposure this property presents a rare opportunity for an owner-user or investor seeking a highly visible and adaptable commercial space.

Full Property Details for 316 Hwy Ave S

General

  • Price: $199,900
  • Taxes: $3,470 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7007846
  • Updated: 1/14/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Concrete Slab, Luxury Vinyl Plank

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 30 x 40
  • Garage Spaces: 4
  • Parking Features: Attached Garage, Asphalt, Electric, Floor Drain, Finished Garage, Garage Door Opener, Guest Parking, Heated Garage, Insulated Garage, Parking Lot, RV Access/Parking, Storage, Tandem Garage

Location

  • County: Steele
  • Township: Blooming Prairie
  • Subdivision: Village/Blooming Prairie
  • Driving Directions: From Owatonna go south on Hwy 218 (Hwy Ave S) to building

School Information

  • School District: 2256 - Blooming Prairie
  • High School District: Blooming Prairie

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Radiant
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Foundation Size: 2100
  • Roof: Age Over 8 Years
  • Ceiling Height: 11-15
  • Disability Access: Grab Bars In Bathroom, Door Lever Handles, No Stairs Internal
  • Square Feet: 2,100
  • Finished Down/Base.: 2,100 Sq. Ft.
  • Current Bldg. Use: Vacant
  • Year Built: 1993

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Dimensions: 98 x 148
  • Frontage: Highway
  • Potential Use: Office, Professional Service, Shop, Warehouse, Wholesale
  • Zoning: Business/Commercial
  • Lot Description: Public Transit (w/in 6 blks), Corner Lot

Financial Considerations

  • Tax Amount: $3,470
  • Tax Year: 2025
  • Terms: Conventional, Cash, Special Funding

Disclosures and Reports

  • Legal Description: COM 46'S OF SE COR OF L12 BLK 16 THENCE W100' S150' E100' N150' TO BEG. BEING IN SE1/4 OF SE1/4
  • Inclusions: Building, Fixture/Equipment, Land, Leases
  • Property ID: 140252031

Listed by Re/Max Advantage Plus

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— 316 Hwy Ave S —

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Schools serving 316 Hwy Ave S

School District:Blooming Prairie Public School District
NameGradesDistance
Blooming Prairie Elementary School
123 2nd Street Northwest, Blooming Prairie, MN 55917
PK-60.5 mi
Blooming Prairie Secondary
202 4th Avenue Northwest, Blooming Prairie, MN 55917
7-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316 Hwy Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$199,900
8.05%
MLS
12/24/2024
Sold
$185,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 316 Hwy Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,470
7%
$173,400
8%
2024
$3,238
-8%
$161,200
5%
2023
$3,516
-12%
$153,900
—
2022
$3,980
18%
$153,600
7%
2021
$3,376
2%
$144,060
9%
2020
$3,312
-3%
$132,300
2%
2019
$3,400
2%
$129,556
2%
2018
$3,318
-10%
$127,008
4%
2017
$3,678
—
$122,304
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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316 Highway Avenue S, Blooming Prairie, MN 55917 (MLS# 7007846) is a Commercial property. 316 Highway Avenue S is currently listed for $199,900 and was received on January 14, 2026. Want to learn more about 316 Highway Avenue S? Do you have questions about finding other Commercial real estate for sale in Blooming Prairie? You can browse all Blooming Prairie real estate or contact a Coldwell Banker agent to request more information.

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