319 Main St Austin, MN 55912
- Retail space
- 7,204 SF
- 0.10 lot acres
Current Use by Public Records
- Retail space
Property Details for 319 Main St
- Year built
- 1883
- Lot size
- 0.10 lot acres
- Property size
- 7,204 SF
- Property type
- Retail space
- APN
- 34.185.0680
- APU
- 341850680
Description
This exceptional mixed-use property, located at 319 N Main Street in the heart of downtown Austin, Minnesota, presents a compelling investment opportunity. The building boasts a substantial 7,254 square feet of space, ideally suited for a variety of commercial ventures. Situated on a conveniently sized 0.1-acre lot, the property benefits from high visibility and accessibility. Recent improvements include updated windows and a refreshed front facade, enhancing both curb appeal and energy efficiency. The current tenants demonstrate a history of reliable rent payments, providing a stable income stream for the new owner. This turnkey property is ready for immediate occupancy and offers significant potential for future growth and appreciation. The building's prime location on Main Street places it within easy reach of local businesses, amenities, and a thriving community. This is a rare chance to acquire a well-maintained, income-producing commercial property in a desirable downtown setting. The asking price of $489,000 reflects the property's exceptional value and strong potential for return on investment. Don't miss this opportunity to own a piece of Austin's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Mower
- State
- Minnesota
- Longitude
- -92.9752
- Latitude
- 43.6689
- CBSA code
- 12380
- CBSA name
- AUSTIN, MN MICROPOLITAN STATISTICAL AREA
