For Sale: Austin MLS# 6658075
Active
NEW!
$369,900
Commercial: Business,Industrial,Office,Warehouse
Built 1978
0.69 acres
Austin schools
MLS# 6658075
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Property Description
Prime Commercial Property in the Heart of Austin, MN â?? High Traffic & Endless Potential! Seize this incredible opportunity to own a .7-acre commercial property strategically positioned on 1st Ave, the main artery through Austin, MN. With over 5, 000 cars passing by daily, this location offers unmatched visibilityâ??no need to spend extra on advertising when your business will be front and center to thousands of potential customers every single day! Previously home to a successful towing company, this versatile property is ready for its next chapter. Whether you envision an automotive business, retail storefront, office space, or a service-oriented venture, the possibilities are endless. The expansive lot provides ample space for parking, outdoor storage, or future expansion.
Surrounded by Austinâ??s busiest commercial district, this property sits within walking distance of national retailers, restaurants, gas stations, grocery stores, and more, ensuring a steady flow of foot and vehicle traffic. With prime exposure, unbeatable convenience, and a high-growth location, this is your chance to establish or expand your business in a thriving community.
Donâ??t miss out on this rare commercial gemâ??opportunity is knocking! Reach out today to schedule a private tour and unlock the full potential of this exceptional property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$369,900
Property Type:
Commercial
City:
Austin
Garage Spaces:
2
County:
Mower
Year Built:
1978
State:
MN
Property Style:
Business, Industrial, Office, Warehouse
Zip Code:
55912
Subdivision Name:
Parker & Browns Add
Exterior
Garage Spaces:
2
Garage Door Height:
10
Garage Door Width:
18
Other Parking Spaces:
75
Foundation Size:
1,992 ft2
Foundation Dimensions:
32x60
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
- Ductless Mini-Split
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Parking Lot
- Paved
- Secured
Exterior Material:
- Metal Siding
- Steel Siding
Lot & Land
Acres:
0.69
Geolocation:
43.665252, -92.978766
Inclusions:
Building, Land
Lot Dimensions:
184
Zoning:
- Business/Commercial
- Residential-Single Family
Schools
School District:
492
District Phone:
507-460-1900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,200
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,042
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,042
Income
Annual Gross Income:
$48,000
Rent
Annual Net Income:
$4,800
Units
Total Units:
1
Miscellaneous
Current Use:
- Automotive
- Commercial
- Professional Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
- City Water - In Street
- City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Dwell Realty Group LLC.
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.