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Restaurant Space with Outdoor Patio
New
For Lease
$8,000/Mo

119 2nd Ave Ne, Austin, MN 55912

Former bar and high-end restaurant with an outdoor patio area.

Space SizeContact for details
Days on Market7

Property Features for 119 2nd Ave Ne

General Information

Standard status Active

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $10,896
Listing Agency: WMD Realty
Listed By: William Danielson
Source: Exprealty
Added: Sep 1 Changed: Sep 6 Last Checked: Sep 6 at 2:52PM

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 WMD Realty

Investment Insights

Based on property information with market context.

This conventional restaurant property previously operated as a bar and high-end restaurant. An outdoor patio area adds an additional amenity to the premises and supports continued food-and-beverage use or a new business concept.

The property is located in downtown Austin, Minnesota, at 119 2nd Ave NE. Its prior restaurant and bar configuration provides a foundation for an operator seeking to continue a similar use or introduce a different concept.

Key Highlights

  • Former bar and high‑end restaurant property
  • Outdoor patio area
  • Downtown Austin location

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Bakery Daycare Center Home Appliance Store Garden 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Taco John's Dining
9,457 visits/mo 0.2 miles
Dollar General Shops & Services
7,679 visits/mo 0.2 miles
Wells Fargo Shops & Services
6,037 visits/mo 0.4 miles
Domino's Pizza Dining
2,588 visits/mo 0.1 miles
Godfather's Pizza Dining
2,517 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former bar and high-end restaurant with an outdoor patio area.
Where is this conventional restaurant located?
The property is located at 119 2nd Ave Ne Austin, MN.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: Former bar and high‑end restaurant property; Outdoor patio area; Downtown Austin location
More about this property
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