Date
Details
Price
Change
Source
9/17/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,350,000 Just Listed
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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!
Full Property Details
Full Property Details for 1418 S Oak Ave
General
- Price: $1,350,000
- Taxes: $4,448 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7146134
- Updated: 9/18/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Cooktop, Range, Refrigerator
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 25
Bedrooms
- Total Bedrooms: 25
Additional Information
- Amenities: Cable, Ceiling Fan(s), Hot Tub, Tile Floors
Parking
- Parking Features: Paved Lot
Location
- County: Steele
- Township: Owatonna
- Subdivision: South Oak Comm Twnhs
- Driving Directions: Coming S on 35 turn left on Hwy 14 going towards Rochester. Get off 1st exit to Owatonna on right side. Go straight on Oak for about 2 lights down past HyVee grocery store until you see Oakdale Motel on left side.
School Information
- School District: 761 - Owatonna
- High School District: Owatonna
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Heating Common
Structural Information
- Exterior Const.: Frame
- Foundation Size: 7509
- Roof: Age Over 8 Years, Asphalt
- Ceiling Height: 8-10
- Disability Access: No Stairs External
- Current Bldg. Use: Hotel/Motel
- Year Built: 1953
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.534
- Lot Dimensions: 23261
- Frontage: City Street
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $4,448
- Tax Year: 2026
- Owner Pays: All Utilities
- Tenant Pays: None
Disclosures and Reports
- Legal Description: BLK 1 LOT 14 SOUTH OAK COMMERICAL TOWNHOUSES ADDITION
- Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Leases
- Property ID: 174320114
Listed by Real Broker, LLC
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Price & Sales History for 1418 S Oak Ave
Tax History
Tax History for 1418 S Oak Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$6,292
-5%
$221,900
—
2024
$6,632
4%
$221,900
5%
2023
$6,368
1%
$210,900
15%
2022
$6,292
3%
$184,000
14%
2021
$6,130
-4%
$161,798
4%
2020
$6,404
16%
$156,016
—
2019
$5,508
8%
$156,016
10%
2018
$5,100
2%
$141,316
3%
2017
$4,990
—
$136,808
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1418 S Oak Ave
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1418 S Oak Avenue, Owatonna, MN 55060 (MLS# 7146134) is a Commercial property. 1418 S Oak Avenue is currently listed for $1,350,000 and was received on September 17, 2026. Want to learn more about 1418 S Oak Avenue? Do you have questions about finding other Commercial real estate for sale in Owatonna? You can browse all Owatonna real estate or contact a Coldwell Banker agent to request more information.