About 1418 S Oak Avenue
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!
Features of 1418 S Oak Avenue
| MLS® # | 7146134 |
|---|---|
| Price | $1,350,000 |
| Bedrooms | 25 |
| Bathrooms | 25.00 |
| Acres | 0.53 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1418 S Oak Avenue |
|---|---|
| Subdivision | South Oak Comm Twnhs |
| City | Owatonna |
| County | Steele |
| State | MN |
| Zip Code | 55060 |
Amenities
| Utilities | Heating Common |
|---|---|
| Parking | Paved Lot |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Cooktop, Range, Refrigerator |
|---|---|
| Heating | Baseboard |
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Vinyl |
|---|---|
| Lot Description | Corner Lot |
| Roof | Age Over 8 Years, Asphalt |
| Construction | Frame |
School Information
| District | Owatonna |
|---|
Additional Information
| Days on Market | 1 |
|---|---|
| Zoning | Business/Commercial |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $4,448 |
| Tax Year | 2026 |
Listing Details
| Office | Real Broker, LLC |
|---|