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Five-Building Live-Work Compound
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90917 240th St, Austin, MN 55912

Five renovated buildings combine residential, showroom, event, shop, barn, and greenhouse space.

Property Size5,185 SF
Price / SF$163.93
Days on Market140

Property Features for 90917 240th St

General Information

Standard status Active
Size 5,185 SF
Class B
Property subtype Mixed Use
Zoning Rural Residential

Building Details

Year Built 1981
Year Renovated 2018
Buildings 5
Stories 1
Units 1
Listing Agency: Sotheby's International Real Estate
Listed By: Christian Peterson · License #MN 40416618
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 2:56PM

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 Sotheby's International Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property includes five buildings across 7.5 acres, with 5,185 sq ft of renovated live/work space completed in 2018. The primary residence offers 1,920 sq ft with two bedrooms and two bathrooms, including a master suite, double-sided fireplace, walk-in closet, ADA-compliant shower, claw-foot bathtub, double vanity, and corner laundry.

A separate 2,474 sq ft showroom and event center includes a gourmet kitchen, an upstairs bedroom, and two bathrooms. The shop provides storage, a car lift, and RV parking, while the property also includes a barn and greenhouse space. Rural Residential zoning applies to the property.

Key Highlights

  • Five‑building mixed‑use property on 7.5 acres
  • 5,185 sq ft of live/work space renovated in 2018
  • 1,920 sq ft main home with 2 bedrooms and 2 bathrooms

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop (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

7
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 - Five renovated buildings combine residential, showroom, event, shop, barn, and greenhouse space.
Where is this mixed-use property located?
The property is located at 90917 240th St Austin, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five‑building mixed‑use property on 7.5 acres; 5,185 sq ft of live/work space renovated in 2018; 1,920 sq ft main home with 2 bedrooms and 2 bathrooms
More about this property
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