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    Austin, MN
    Hospitality

    Austin, MN Hospitality Properties for Sale

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    Motel With On-Site Residence
    Updated: Aug 7
    Motel With On-Site Residence

    1507 W Oakland Ave, Austin, MN 55912

    $650,000
    Operating motel on approximately 0.78 acres
    B‑2 community business zoning allows retail, service, hospitality, office, and other commercial development
    Single‑family residence includes 3 bedrooms and 2.5 bathrooms
    Roof and furnace installed within the past five years
    Built in 1950
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic 22-Room Hotel
    Historic 22-Room Hotel

    333 Main St W, Wabasha, MN 55981

    $599,000
    15,385 sqft

    Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

    View details
    Historic 22-Room Hotel
    Historic 22-Room Hotel

    333 Main Street W, Wabasha, MN 55981

    $599,000
    0.42 AC lot

    Hospitality property combines lodging, restaurant service, a wine tasting bar, and an intimate lower-level bar.

    View details
    34-Unit Hotel with Bus Parking
    34-Unit Hotel with Bus Parking

    1530 Main Street, Osage, IA 50461

    $957,500
    15,320 sqft

    34-unit hotel offering a 24-hour front desk, manager’s apartment, and parking for buses, trailers, RVs, and trucks.

    View details
    34-Unit Hotel with Guest Services
    34-Unit Hotel with Guest Services

    1530 Main Street, Osage, IA 50461

    $957,500
    1.22 AC lot

    Operating hospitality property with on-site management, guest amenities, and vehicle parking for buses, trailers, RVs, and trucks.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Agricultural Farmland with Paved Access
    Agricultural Farmland with Paved Access

    29th Ave SE, Austin, MN 55912

    $129,999
    16.16 AC lot

    Agricultural acreage with paved County Road #28 access and listed options for farming, recreation, and conservation.

    View details
    Interstate Commercial Development Land
    Interstate Commercial Development Land

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

    View details

    Austin, MN Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Austin, MN on our real estate platform.

    Sale prices for hospitality properties in Austin, MN average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +2.2%
    Median Household Income $68,205
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Austin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55912 $650K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $28.68 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mower County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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