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$525,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.535 Acres
  • Updated 2 days ago
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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.

Full Property Details for 03-307-309 2nd Street NW

General

  • Price: $525,000
  • Taxes: $7,686 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7147655
  • Updated: 9/23/2026
  • Added to Site: 5 day(s) ago

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Waseca
  • Township: Waseca
  • Subdivision: Trowbridges Add
  • Driving Directions: Old US 14 through town, north on 2nd Street. Property at the corner of 2nd and 3rd Ave.

School Information

  • School District: 829 - Waseca
  • High School District: Waseca

Heating & Cooling

  • Cooling Type: Wall Unit(s), Window Unit(s)
  • Heating Type: Other
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 8037
  • Disability Access: None
  • Current Bldg. Use: Commercial, Office, Residential, Storage Facility
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.535
  • Lot Dimensions: 150 x 83 x 127 x 32 x 23 x 116
  • Frontage: City Street
  • Potential Use: Other
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Irregular Lot

Financial Considerations

  • Tax Amount: $7,686
  • Tax Year: 2026
  • Terms: Conventional, Cash, Other
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • 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
  • Inclusions: Leases
  • Property ID: 176150070

Listed by RE/MAX Results

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— 03-307-309 2nd Street NW —

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Price & Sales History for 03-307-309 2nd Street NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Listed
$525,000
20.86%
MLS
11/29/2022
Sold
$434,400
—
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 03-307-309 2nd Street NW

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,010
-5%
$458,700
15%
2024
$8,388
43%
$398,400
64%
2022
$5,854
-4%
$242,200
10%
2021
$6,072
—
$220,100
—
2021
$6,088
28%
$220,100
-3%
2019
$4,764
-26%
$226,300
-1%
2018
$6,454
6%
$228,700
3%
2017
$6,104
—
$221,200
—
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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03-307-309 2nd Street NW, Waseca, MN 56093 (MLS# 7147655) is a Commercial property. 03-307-309 2nd Street NW is currently listed for $525,000 and was received on September 21, 2026. Want to learn more about 03-307-309 2nd Street NW? Do you have questions about finding other Commercial real estate for sale in Waseca? You can browse all Waseca real estate or contact a Coldwell Banker agent to request more information.

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