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561 Riverwood Drive
Owatonna, MN 55060

Owatonna Multifamily · Land For Sale · 4.50 AC

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Investment Highlights

Spacious grounds approved for multifamily development
Favorable zoning regulations for multifamily construction
Opportunity for tailored development to meet market needs

Proximity to essential services and conveniences
Strong market demand for multifamily residences in Owatonna
Access to major transportation routes for convenience

Executive Summary

This property offers the potential for a lucrative investment in the
flourishing Owatonna market. Boasting attractive features such as
spacious grounds, modern amenities, and convenient access to
essential services, this property is positioned to cater to the rising
demand for multifamily residences in the area. Capitalize on the
promising potential of this well-situated property to secure a
lasting investment in the thriving Owatonna community

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Total Lot Size	4.50 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	4.50 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£950,495	Lot Size	4.50 AC
Price Per AC	£211,221

Price	£950,495
Price Per AC	£211,221
Lot Size	4.50 AC

Listing ID: 32214221
Date on Market: 21/06/2024
Last Updated:
Address: 561 Riverwood Drive, Owatonna, MN 55060

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