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Retail Property with Separate Utilities
New
For Sale
$149,900

605 10th Drive SE, Austin, MN 55912

Each unit has separate utility service, with responsibility assigned to the tenant.

Property SizeContact for details
Days on Market2

Property Features for 605 10th Drive SE

General Information

Standard status Active
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1947
Listing Agency: Edina Realty, Inc
Listed By: The Antonov Group
Source: Theantonovgroup
Added: Sep 1 Last Checked: Sep 1 at 5:25PM

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 Edina Realty, Inc

Investment Insights

Based on property information with market context.

This retail property at 605 10th Drive SE in Austin, Minnesota, was built in 1947 and includes multiple units. The existing setup can support continued rental use or private shops, giving the property more than one operating approach.

Each unit has separate utilities, and the tenants are responsible for those services. The property is located in southeast Austin, with the address providing a defined commercial location for future leasing or owner use.

Key Highlights

  • Multiple retail units support continued rental or private‑shop use
  • Separate utilities serve each unit
  • Tenants are responsible for their utility services

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Pharmacy

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

338
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Each unit has separate utility service, with responsibility assigned to the tenant.
Where is this retail space located?
The property is located at 605 10th Drive SE Austin, MN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Multiple retail units support continued rental or private‑shop use; Separate utilities serve each unit; Tenants are responsible for their utility services
More about this property
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