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    803 18Th Ave Austin, MN 55912

    Sponsored
    For Sale
    Contact for pricing

    High-traffic retail space, excellent visibility.

    Property size:
    11,478 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 11,478 square foot general commercial property, situated on a 1.22-acre lot at 803 18th Avenue NW in Austin, Minnesota, presents a remarkable retail investment opportunity. The property boasts a prime location within a thriving commercial area, ensuring high visibility and foot traffic. Its strategic placement adjacent to Jimmy John's and in close proximity to major retailers such as Hy-Vee and Walmart, along with hotels and numerous restaurants, guarantees a consistent flow of potential customers. The versatile 11,478 square foot space is adaptable to a wide array of retail businesses, making it an ideal location for entrepreneurs seeking a high-traffic, visible storefront. The property's size and location offer significant potential for growth and success within a well-established and bustling commercial district. This is a rare opportunity to secure a prominent retail space in a dynamic and rapidly growing area of Austin, MN. The property's location offers unparalleled access to a large and diverse customer base, ensuring a strong foundation for any retail venture. Don't miss this chance to establish your business in this vibrant commercial hub. The asking price for this exceptional property is $14 million.

    Property Features for 803 18Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,478 SF
    Lot Size
    53,143 SF

    Building Details

    Year Built
    2012
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.9841
    Latitude
    43.6844

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail space, excellent visibility.
    Where is this commercial real estate located?
    The property is located at 803 18Th Ave Austin, MN.
    What is the asking price?
    The asking price for this property is $14.
    (507) 289-8000
    Request Owner's contact information
    803 18Th Ave Austin, MN 55912
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    Austin, MN 55912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    803 18Th Ave Austin, MN 55912
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