Motel With On-Site
For Sale
$650,000
1507 W Oakland Ave, Austin, MN 55912
Operating motel with B-2 community business zoning and an additional residence on the property.
Property SizeContact for details
Days on Market25
Property Features for 1507 W Oakland Ave
General Information
Standard status
Active
Building Details
Year Built
1950
Listing Agency:
Re/Max Results
(507) 601-9145
Listed By:
Diego Correa Bravo
Source:
Homesminn
Added: Aug 7
Changed: Aug 29
Last Checked: Aug 30 at 6:47PM
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.
Built in 1950, this operating motel occupies approximately 0.78 acres at 1507 W Oakland Ave in Austin, Minnesota. The property also includes a large single-family residence near the center of the lot with 3 bedrooms and 2.5 bathrooms. A roof and furnace were installed within the past five years.
The site is zoned B-2 community business, supporting listed uses that include retail, service businesses, hospitality, office, and other commercial development. A building directly across Oakland Ave is being converted into a 22-unit multifamily development, adding documented redevelopment activity to the immediate area. The property’s existing motel operation and separate residence provide distinct components for continued hospitality use or other supported commercial planning.
The site is zoned B-2 community business, supporting listed uses that include retail, service businesses, hospitality, office, and other commercial development. A building directly across Oakland Ave is being converted into a 22-unit multifamily development, adding documented redevelopment activity to the immediate area. The property’s existing motel operation and separate residence provide distinct components for continued hospitality use or other supported commercial planning.
Key Highlights
- Operating motel on approximately 0.78 acres
- B‑2 community business zoning allows retail, service, hospitality, office, and other commercial development
- Single‑family residence includes 3 bedrooms and 2.5 bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Yair house — 704 10th Ave SW, Austin, MN 55912
- The Elam House — 309 21st St SW, Austin, MN 55912
- Sterling Motel — 1507 W Oakland Ave, Austin, MN 55912
Frequently Asked Questions
What type of property is this?
Motel - Operating motel with B-2 community business zoning and an additional residence on the property.
Where is this motel located?
The property is located at 1507 W Oakland Ave Austin, MN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Operating motel on approximately 0.78 acres; B‑2 community business zoning allows retail, service, hospitality, office, and other commercial development; Single‑family residence includes 3 bedrooms and 2.5 bathrooms
