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Flex Space with Overhead Door
For Sale
$145,000

1980 Austin Rd #Suite 8, Owatonna, MN 55060

Heated unit with water service, floor drains, natural light, and keyless entry.

Property Size600 SF
Price / SF$241.67
Days on Market9

Property Features for 1980 Austin Rd #Suite 8

General Information

Standard status Active
Size 600 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,768

Amenities

Keyless Entry
Snow Removal
Lawn Care
Exterior Building Insurance

Building Details

Building Size 600 SF
Year Built 2026
Units 1
Listing Agency: eXp Realty
Listed By: Michelle Jandt
Source: Getyoumoved
Added: Oct 22 Changed: Oct 26 Last Checked: Oct 29 at 10:59PM

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 eXp Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 600-square-foot flex unit measures 20 feet by 30 feet and includes a 12-foot by 14-foot overhead door. Large windows bring in natural light, while heat, water, floor drains, and keyless entry support a range of practical uses. Plumbing is in place for a future bathroom. The property was built in 2026 and is zoned Business/Commercial.

Association services cover snow removal, lawn care, and exterior building insurance.

Key Highlights

  • 600‑square‑foot unit with 20‑foot by 30‑foot dimensions
  • 12‑foot by 14‑foot overhead door
  • Heat, water, floor drains, and keyless entry

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Parking Lot & Garage Hair Salon Spa & Massage 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

341
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

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

Frequently Asked Questions

What type of property is this?
Flex space - Heated unit with water service, floor drains, natural light, and keyless entry.
Where is this flex space located?
The property is located at 1980 Austin Rd #Suite 8 Owatonna, MN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 600‑square‑foot unit with 20‑foot by 30‑foot dimensions; 12‑foot by 14‑foot overhead door; Heat, water, floor drains, and keyless entry
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