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The 202 Mixed Use 202 Bridge St W
2,257 SF of Office Space Available in Owatonna, MN 55060
Highlights
- Corner of Bridge and Main Street Owatonna is corridor to downtown highest daily traffic counts in town. Walking distance to Courthouse.
- Walking distance to Main street park and Walnut river walk & bike trail.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 2nd Floor, Ste 306 | 2,257 SF | Negotiable | £14.08 /SF/PA £1.17 /SF/MO £151.60 /m²/PA £12.63 /m²/MO £31,788 /PA £2,649 /MO | Full Service Gross |
2nd Floor, Ste 306
Ready to be built out. Space is divisible.
- Rate includes utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT The 202 Mixed Use
- Tenant
- Description
- US Locations
- Reach
- Graif Clothiers
- Retailer
- -
- -
- Principle Financial
- Finance and Insurance
- -
- -
| Tenant | Description | US Locations | Reach |
| Graif Clothiers | Retailer | - | - |
| Principle Financial | Finance and Insurance | - | - |
PROPERTY FACTS FOR 202 Bridge St W , Owatonna, MN 55060
| Property Type | Retail | Year Built/Renovated | 1921/2021 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.27/1,000 SF |
| Gross Internal Area | 5,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 5,500 SF |
| Year Built/Renovated | 1921/2021 |
| Parking Ratio | 1.27/1,000 SF |
About the Property
Former downtown Owatonna Hotel transformed over the past 100 years into office then eventual retail space. Just completed major renovation of this historic building in 2021 of both interior and exterior on entire structure, electrical, mechanical and HVAC. New building expansion includes Elevator, main lobby and beautiful glass staircase. North auxiliary employee entrance to both levels is just as impressive. Common area restrooms on both levels as well as 2nd story patio available to all tenants. Best City and river views in Owatonna located at the busiest intersection of town. Off street parking included for building customers. Major tenants include Graif Clothiers and Principle Financial. The quality and caliber of this renovation will not be found anywhere else currently in downtown. This is the place to be for your entry expansion plans into Owatonna. Call Darrin today 507-456-1471 to discuss your office needs!
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Signage
- Air Conditioning
- Balcony
Nearby Major Retailers
Presented by
Stadheim Properties of Owatonna, LLC
The 202 Mixed Use | 202 Bridge St W
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