Former College Campus / Company Headquarters 315 S Grove Ave Immeuble | 34 374 m² | Spécialité | À vendre 12 915 900 € | Owatonna, MN 55060

Located in downtown Owatonna, Minnesota, this historic campus presents a rare opportunity to acquire a large-scale institutional property with exceptional flexibility for ownership, occupancy, investment, or redevelopment. The approximately 19+ -acre campus includes 13 buildings, consisting of academic facilities, dormitories, a gymnasium, dining hall, large auditorium-theater, many offices, and executive residential homes. Extensive renovations completed over the past several years have modernized the campus while preserving its established character and long-term functionality.
The property is well suited for a wide range of uses, including a college or university campus, corporate headquarters, training and education center, trade school, medical or healthcare facility, boarding school, faith-based institution, summer program campus, workforce housing, or other institutional and commercial applications. Existing dormitory accommodations, educational facilities, and support infrastructure allow a future owner to leverage significant existing improvements without the time and expense associated with new construction.
The current owner is offering multiple acquisition and occupancy structures to accommodate a variety of buyer and user needs. Opportunities may include the purchase of the entire campus, acquisition of individual buildings or portions of the property, leasing of all or part of the campus, lease-to-own arrangements, and other negotiable ownership or occupancy solutions. Seller financing may also be considered, subject to terms.
Located within an entrepreneurial community that is home to multiple internationally recognized corporate headquarters, the campus benefits from a central location, established infrastructure, and immediate usability for educational, corporate, residential, institutional, or mixed-use purposes. There are 3 Buildings that consist of the Dormitories. The 2 large dorms have 128 rooms each and combining all 3 have over 300 rooms. Inside the dorms there are large common / multi purpose rooms for studying, relaxing, and playing games. A 400 seat auditorium is located in the main building with colored lead glass. The food equipment has been updated with a very nice kitchen with all stainless steel ovens, and inspected regularly. This property is offered as turn-key. Give us a ring for tour of some great facilities.