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Flex Space With Heated Shop
For Sale
$279,000

1007 3rd Avenue NE, Austin, MN 55912

Commercial Sale, Austin, MN

Property SizeContact for details
Days on Market383

Property Features for 1007 3rd Avenue NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Driveway, Parking Lot, Garage - Detached, Garage, Open, Garage - Attached
Exterior features Aluminum Siding, Block
Accessibility Accessible Approach with Ramp
Appliances Water Heater - Tankless
Subdivision Railroad Add
Lot features Tree Coverage - Light
High school district Austin
Directions From I90 take exit 179, turn right on 11th Dr NE, right on 8th Ave NE left on 10th St NE, right on 3rd Ave NE, property on right
Standard status Active
APN 346002810

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2036

Utilities

Heating system Oil, Space Heater, Hot Water(Heating)

Building Details

Year built 1950
Building materials Block, Frame
Roof type Shingle, Rubber
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Amy L. Cooper
Added: Aug 10, 2025 Changed: Aug 27 Last Checked: Aug 27 at 3:06PM
MLS# 6770026

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property combines a front office with a 3/4 bath, an accessible ramp approach, and a tankless water heater. The shop is heated and separated from the office by its own furnace system, with overhead garage doors serving both the front and rear. The shingle roof was installed in July 2025.

A second lot includes another building with a concrete slab and space heater, providing additional storage or possible leasing space. The property is partially fenced and offers driveway, lot, open, and garage parking. Built in 1950, the improvements use block and frame construction with aluminum siding and block exterior elements.

Key Highlights

  • Heated shop with overhead garage doors at both the front and rear
  • Front office includes a 3/4 bath with accessible ramp approach
  • Second lot includes a building with concrete slab and space heater

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Nail Salon Locksmith Bakery Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55912, MN

29,718
Population
12,443
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
188.0 sq mi
ZIP Area
158
Density / Sq Mi
$68,205
Median Household Income
$43,937
Median Earnings
$864
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial property combines accessible office space, a heated work area, separate building, and on-site parking.
Where is this flex space located?
The property is located at 1007 3rd Avenue NE Austin, MN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Heated shop with overhead garage doors at both the front and rear; Front office includes a 3/4 bath with accessible ramp approach; Second lot includes a building with concrete slab and space heater
More about this property
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