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Renovated Mixed-Use Property
For Sale
Contact for pricing
Pending

510 W Oakland Ave, Austin, MN 55912

Office and retail configuration includes an upstairs apartment with separate exterior access.

Property SizeContact for details
Days on Market144

Property Features for 510 W Oakland Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: Keller Williams Realty-SF
Listed By: Casey Hatch · License #SD 16976
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:29PM

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 Keller Williams Realty-SF

Investment Insights

Based on property information with market context.

This mixed-use building combines a commercial workspace with an upstairs residential apartment. The office component includes 12 office spaces, a conference room, two half baths, forced-air heating, and central air conditioning. The apartment has a full kitchen, bedroom, living room, full bathroom, laundry hookup, and separate outside access. The property was completely renovated in 2011, with newer mechanical systems noted in the property information.

Located at 510 W Oakland Ave in Austin, Minnesota, the building provides 11 off-street asphalt parking spaces along with side-street parking. The existing configuration supports office, retail, and service-oriented commercial occupancy, with residential space above.

Key Highlights

  • 12 office spaces with conference room and 2 half baths
  • Upstairs apartment includes a full kitchen, bedroom, living room, full bath, and laundry hookup
  • Separate outside access serves the upstairs apartment

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Restaurant Nail Salon (Bike/Boat/Book/etc) 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

1,049
Businesses Nearby

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?
Mixed-use property - Office and retail configuration includes an upstairs apartment with separate exterior access.
Where is this mixed-use property located?
The property is located at 510 W Oakland Ave Austin, MN.
What are key features of this property?
This property features: 12 office spaces with conference room and 2 half baths; Upstairs apartment includes a full kitchen, bedroom, living room, full bath, and laundry hookup; Separate outside access serves the upstairs apartment
More about this property
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