Located in the heart of downtown Waseca, 100 State Street North presents an exceptional investment opportunity with a diverse mix of income-generating spaces and modern updates. This vibrant multi-use property offers a unique blend of functionality, character, and thoughtful design, making it a valuable addition to any portfolio. The building features three thoughtfully designed short/long-term rental units, two versatile event spaces, and a main-level retail or office/gathering space. The former restaurant space offers excellent potential for reactivation or conversion and currently supports event use, adding flexibility and additional income opportunities. Situated in a prime downtown location with high visibility and strong foot traffic, 100 State Street offers endless possibilities for rental income, business operations, and event hosting. Don't miss the opportunity to invest in this unique downtown property and unlock its full potential.
Located in the heart of downtown Waseca, 102 State Street North offers a compelling investment opportunity with multiple income-generating possibilities. This property features a solid structure rich with distinctive character and thoughtful design throughout. Highlights include a spacious main-level retail area, ideal for a variety of business uses, a flexible short-term rental and event space providing additional revenue potential, and ample storage areas for added functionality. And, wait until you experience the upper level garage service door that leads you to the roof top entertainment paradise! Situated in a prime downtown location with excellent visibility and consistent foot traffic, 102 State Street presents outstanding opportunities for retail, rental income, or event hosting. A rare chance to invest in a character-rich property with strong upside and versatility.
Step into a rare chance to own a piece of Waseca’s history. Offering more than 5,300 finished square feet, this versatile building once served as a bustling retail space and is ready for its next chapter. Inside, you’ll find two bathrooms, a dedicated office, generous storage areas, and plenty of room to reimagine the layout to fit your vision. Outside, a 40x32 shed with unloading bays adds even more functionality—perfect for inventory, equipment, or expanded operations. Recent improvements bring peace of mind, including a new furnace and AC installed in 2025, plus a freshly resurfaced parking lot completed within the last few years. Whether you’re dreaming of retail, service, creative space, or something entirely new, this property delivers the character, space, and updates to make it happen.
Step into a rare chance to own a piece of Wasecaâ??s history. Offering more than 5,300 finished square feet, this versatile building once served as a bustling retail space and is ready for its next chapter. Inside, youâ??ll find two bathrooms, a dedicated office, generous storage areas, and plenty of room to reimagine the layout to fit your vision. Outside, a 40x32 shed with unloading bays adds even more functionalityâ??perfect for inventory, equipment, or expanded operations. Recent improvements bring peace of mind, including a new furnace and AC installed in 2025, plus a freshly resurfaced parking lot completed within the last few years. Whether youâ??re dreaming of retail, service, creative space, or something entirely new, this property delivers the character, space, and updates to make it happen.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.
Waseca is located in Minnesota. Waseca, Minnesota has a population of 9,237. Waseca is more family-centric than the surrounding county with 40.61% of the households containing married families with children. The county average for households married with children is 35.2%.
The median household income in Waseca, Minnesota is $57,022. The median household income for the surrounding county is $66,502 compared to the national median of $69,021. The median age of people living in Waseca is 39.2 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 34.2 inches per year, with 46.7 inches of snow per year.