Motel

Austin, MN Motels for Sale

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Motel With On-Site Residence
Updated: Aug 7
Motel With On-Site Residence

1507 W Oakland Ave, Austin, MN 55912

$650,000
Operating motel on approximately 0.78 acres
B‑2 community business zoning allows retail, service, hospitality, office, and other commercial development
Single‑family residence includes 3 bedrooms and 2.5 bathrooms
Roof and furnace installed within the past five years
Built in 1950
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Motel With Extended-Stay Units
Motel With Extended-Stay Units

1418 S Oak Avenue, Owatonna, MN 55060

$1,350,000
0.53 AC lot

Hospitality property combines conventional lodging, extended-stay accommodations, and an on-site management residence.

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Renovated 44-Room Motel
Renovated 44-Room Motel

533 N Marquette Road, Prairie Du Chien, WI 53821

$899,000
2.50 AC lot

Updated hospitality property with guest accommodations, an owner’s apartment, and a separate townhouse.

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25-Unit Motel with Manager Residence
25-Unit Motel with Manager Residence

1418 S Oak Avenue, Owatonna, MN 55060

$1,350,000

Traditional and extended-stay accommodations share the property with a management residence and a staffed front office.

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Turnkey Motel 6 For Sale
Turnkey Motel 6 For Sale

533 N Marquette, Prairie Du Chien, WI 53821

$899,000

44-room branded Motel 6 with recent renovations and strong revenue.

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Austin, MN Motels Market Trends and Statistics

Explore 1 motels for sale in Austin, MN on our real estate platform.

Sale prices for motels in Austin, MN average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 29K
Population Growth (5Y) +2.2%
Median Household Income $68,205
College Educated 32.8%

High-Yield Neighborhoods for Investment

Identify Austin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55912 $650K

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $28.68 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mower County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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