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Flex Space with Heated Shop
For Sale
$279,000

1007 3rd Avenue NE, Austin, MN 55912

Office and shop improvements are complemented by a separate storage building and partially fenced site.

Property Size3,620 SF
Days on Market378

Property Features for 1007 3rd Avenue NE

General Information

Standard status Active
Size 3,620 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $2,036

Building Details

Building Size 3,620 SF
Year Built 1950
Stories 1
Units 2
Listing Agency: RE/MAX Results
Listed By: Amy L. Cooper
Source: Ivyrealestategroup
Added: Aug 10, 2025 Changed: Aug 22 Last Checked: Aug 22 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This flex-space property combines a front office with a handicap-accessible three-quarter bath, on-demand water heating, and a dedicated furnace separate from the shop. The heated shop includes overhead garage doors serving both the front and rear, supporting practical movement through the work area. The main building also received a new shingle roof in July 2025.

A second lot and building provide additional storage capacity, with a concrete slab and space heater in place. The partially fenced property includes several parking spaces and is zoned Business/Commercial. The configuration brings office, shop, and supplemental storage improvements together in one commercial property.

Key Highlights

  • Flex‑space property zoned Business/Commercial
  • Heated shop with overhead garage doors at the front and rear
  • Front office includes a handicap‑accessible 3/4 bath

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

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
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Frequently Asked Questions

What type of property is this?
Flex space - Office and shop improvements are complemented by a separate storage building and partially fenced site.
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: Flex‑space property zoned Business/Commercial; Heated shop with overhead garage doors at the front and rear; Front office includes a handicap‑accessible 3/4 bath
More about this property
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