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Versatile Industrial Property with Office
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409 11th St NE, Austin, MN 55912

Warehouse, storage, and office space near Hormel plant and I-90.

Property Size24,600 SF
Lot Size1.30 Acres
Price / SF$48.78
Days on Market624

Property Features for 409 11th St NE

General Information

Standard status Active
Size 24,600 SF
Lot size 1.30 Acres
Property subtype INDUSTRIAL
Listing Agency: Hamilton Real Estate
Listed By: Ari Kolas
Source: Moodyscre
Added: Nov 14, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:14AM

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 Hamilton Real Estate

Investment Insights

Based on property information with market context.

This property features a 16,800-square-foot storage facility, a 5,000-square-foot climate-controlled warehouse, and up to 2,800 square feet of office space. The warehouses include 3 bay doors, each measuring 14 feet by 16 feet. Over two acres of yard or parking space are available. The location is near the Hormel Main Plant and two minutes from I-90, in Austin, MN.

Key Highlights

  • 16,800 SF storage facility, 5000 SF climate controlled warehouse, and up to 2,800 SF of office space.
  • Over 2 acres available for yard or parking.
  • Great location near the Hormel Main Plant and only 2 minutes from I‑90.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

93
Businesses Nearby
Balanced
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse, storage, and office space near Hormel plant and I-90.
Where is this warehouse located?
The property is located at 409 11th St NE Austin, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 16,800 SF storage facility, 5000 SF climate controlled warehouse, and up to 2,800 SF of office space.; Over 2 acres available for yard or parking.; Great location near the Hormel Main Plant and only 2 minutes from I‑90.
(507) 271-5553 Call to check price and availability
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