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$350,000 -$25,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 5,340 Sq. Ft.
  • 0.83 Acres
  • Updated 6 hours ago
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Step into a rare chance to own a piece of Waseca's history. Offering more than 5,300 finished square feet, this versatile building once served as a bustling retail space and is ready for its next chapter. Inside, you'll find two bathrooms, a dedicated office, generous storage areas, and plenty of room to reimagine the layout to fit your vision. Outside, a 40x32 shed with unloading bays adds even more functionality-perfect for inventory, equipment, or expanded operations. Recent improvements bring peace of mind, including a new furnace and AC installed in 2025, plus a freshly resurfaced parking lot completed within the last few years. Whether you're dreaming of retail, service, creative space, or something entirely new, this property delivers the character, space, and updates to make it happen.

Full Property Details for 1101 State St N

General

  • Price: $350,000
  • Taxes: $6,532 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7004228
  • Updated: 3/19/2026
  • Added to Site: 70 day(s) ago

Parking

  • Parking Features: Off Site, Parking Lot, Paved Lot

Location

  • County: Waseca
  • Township: Waseca
  • Driving Directions: N State Street

School Information

  • School District: 2287 - Waseca
  • High School District: Waseca

Heating & Cooling

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

Utilities

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

Structural Information

  • Exterior Const.: Block
  • Foundation Size: 5340
  • Roof: Asphalt
  • Disability Access: Partially Wheelchair
  • Square Feet: 5,340
  • Finished Down/Base.: 5,340 Sq. Ft.
  • Current Bldg. Use: Retail
  • Year Built: 1905

Lot Features

  • Lot Size (Acres): 0.83
  • Lot Dimensions: 306 x 100 x 85 x 50 x 110 x 145
  • Frontage: City Street
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $6,532
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SECT-07 TWP-107 RANGE-022 N100FT OF S428FT OF E195FT OF SE1/4 OF NE1/4 & W111FT OF E306FT OF N148FT OF S476FT OF SE1/4 OF NE1/4
  • Inclusions: Building
  • Property ID: 170070800

Listed by Edina Realty, Inc.

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Listing agents

— 1101 State St N —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1101 State St N

School District:Waseca Public School District
NameGradesDistance
Hartley Elementary School
605 7th Street Northeast, Waseca, MN 56093
K-30.5 mi
Waseca Intermediate Elementary School
400 19th Avenue Northwest, Waseca, MN 56093
4-60.6 mi
Waseca Junior High School
1717 2nd Street Northwest, Waseca, MN 56093
7-80.4 mi
Waseca Senior High School
1717 2nd Street Northwest, Waseca, MN 56093
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1101 State St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$350,000
-6.67%
MLS
1/08/2026
Listed
$375,000
—
MLS
Get Price Alerts and Save Property
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 1101 State St N

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,532
-10%
$232,000
2%
2022
$7,270
-2%
$228,100
12%
2021
$7,412
-1%
$204,000
—
2021
$7,454
96%
$204,000
—
2019
$3,794
-51%
$204,000
—
2018
$7,694
3%
$204,000
3%
2017
$7,506
—
$197,900
—
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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Listed by Edina Realty, Inc.

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1101 State Street N, Waseca, MN 56093 (MLS# 7004228) is a Commercial property. 1101 State Street N is currently listed for $350,000 and was received on January 08, 2026. Want to learn more about 1101 State Street N? 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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