For Lease
1 / 3
Property summary
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 profile
VerifiedCap rate & NOI
Current use
-
Take-out & Catering Catering Service
-
(Bike/Boat/Book/etc) Store Pet Store & Service
-
Veterinary Clinic
-
Veterinary Clinic
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.