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Flex Garage Condo
For Sale
$165,000

1980 Austin Rd, Owatonna, MN 55060

Commercial Sale, Owatonna, MN

Property Size800 SF
Lot Size0.08 Acres
Price / SF$206.25
Days on Market115

Property Features for 1980 Austin Rd

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Business/Commercial
Parking features Assigned, Garage, Open, Driveway
Subdivision Von Wald Add
Lot features Tree Coverage - Light
High school district Owatonna
Directions From HWY 14 take the Austin Rd exit and property will be on the left.
Standard status Active
APN 175040109
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1768

Utilities

Heating system Forced Air

Amenities

heat
water
keyless entry
snow removal
lawn care

Building Details

Year built 2026
Building materials Frame
Roof type Metal
Listing Agency: eXp Realty
Listed By: Michelle Jandt
Added: Jun 18 Changed: Oct 9 Last Checked: Oct 10 at 3:06AM
MLS# 7095584

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

These flex garage condos are designed for work and storage, with each unit measuring 20' x 40'. Features include a 12' x 14' overhead door, large windows, heat, water, floor drains, and keyless entry. The units are soft-plumbed for a future bathroom and are under construction, with completion listed for 2026.

Key Highlights

  • 20' x 40' unit dimensions
  • 12' x 14' overhead door
  • Heat, water, floor drains, and keyless entry

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55060, MN

29,693
Population
12,631
Households
2.4
Avg Household Size
40
Median Age
31%
College-Educated
94%
High-School Grad
203.4 sq mi
ZIP Area
146
Density / Sq Mi
$83,848
Median Household Income
$49,325
Median Earnings
$1,018
Median Rent
$239,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Ozzie's Cotton Candy — 920 Ivy St, Owatonna, MN 55060

Frequently Asked Questions

What type of property is this?
Flex space - Each unit includes heat, water, floor drains, and a keyless entry system.
Where is this flex space located?
The property is located at 1980 Austin Rd Owatonna, MN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 20' x 40' unit dimensions; 12' x 14' overhead door; Heat, water, floor drains, and keyless entry
More about this property
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