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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 Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 2nd Floor, Ste 306
  • 2,257 SF
  • Negotiable
  • $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,386 /MO $40,626 /YR
  • Full Service
Space Use
Office
Condition
Shell Space
Availability
30 Days

Ready to be built out. Space is divisible.

  • Rate includes utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
2nd Floor, Ste 306 2,257 SF Negotiable $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,386 /MO $40,626 /YR Full Service

2nd Floor, Ste 306

Size
2,257 SF
Term
Negotiable
Rental Rate
$18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,386 /MO $40,626 /YR
Rent Type
Full Service
Space Use
Office
Condition
Shell Space
Availability
30 Days

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 broker 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
Property Subtype Storefront Retail/Office
Gross Leasable 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
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 23783114

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 202 Bridge St W, Owatonna, MN 55060

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