Sold: Waseca MLS# 6753233
Sold
$95,000 (list price)
$70,000
Multi-family: Other
Built 1900
3,150 sqft • 0.287 acres
Waseca schools
MLS# 6753233
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Property Description
Step back in time and unlock the potential of this historic brick building in the heart of Otisco – once home to the town’s beloved grocery store. Offering over 5, 400 square feet, this property is bursting with opportunity for investors, renovators, or anyone dreaming of creating something truly one-of-a-kind.
?? Key Features:
• Solid historic brick exterior full of character
• Formerly a grocery store – wide open commercial space with endless potential
• Includes two upstairs apartments (in need of TLC – perfect for value-add investors)
• Original woodwork, tall ceilings, and large display windows
• Plenty of space to create a live-work space, retail storefront, studio, or rental units
• Located in quiet Otisco, a short drive from Waseca and New Richland
Bring your vision and restore this beautiful building to its full charm and functionality. Whether you're an investor, entrepreneur, or historic property lover, this is your chance to own a piece of Otisco history. The property does need a new septic system.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$95,000
Sold Price:
$70,000
Sold Date:
11/21/2025
Price per sq ft:
$30
Property Type:
Multi-family
City:
Waseca
Garage Spaces:
2
County:
Waseca
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
56093
Interior
Bedrooms:
0
Bathrooms:
0
Finished Area:
3,150 ft2
Living Area:
3,150 ft2
Basement Details:
- Block
- Partial
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
750 ft2
Foundation Size:
5,418 ft2
Handicap Accessible:
Accessible Elevator Installed
Heating System:
Forced Air
Lot & Land
Acres:
0.287
Geolocation:
43.9785997024, -93.5024536558
Lot Dimensions:
50 x 125 + 50 x 125
Schools
School District:
829
District Phone:
5078352500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$656
Lender-owned:
No
Assessment Pending:
No
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
None
Water System:
Rural/Municipality
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
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Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.