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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1400 14th NW St Austin, MN 55912-1401

5,052 SF 2.37 ac lot Built 2003
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US46-2155052
Property summary
AI-generated overview

This exceptional commercial property, located at 1400 14th Street NW in Austin, Minnesota, presents a lucrative owner-operator or investment opportunity. Boasting a prime location on one of Austin's busiest streets, with immediate proximity to four Interstate 90 on/off ramps, this property enjoys unparalleled visibility. An estimated 30,000+ vehicles pass daily, ensuring maximum exposure for the businesses operating on the site. A prominent 80+ foot pole sign, visible from I-90, further enhances the property's marketing potential. The main structure is a well-established gas station and convenience store, featuring five fuel dispensers with eight unleaded/premium hoses and two diesel hoses. A nearly 3,000 square foot lighted canopy covers the fueling area. The property also includes a fast-food restaurant operating under a lease agreement (franchise not included in sale), generating consistent rental income. Adding to the revenue streams are a busy car wash and a billboard. The property offers ample parking with over 50 spaces and two restrooms for customer convenience. Built in 2003 and featuring a newer roof, this 5,052 square foot building sits on a 2.37-acre lot, providing significant operational space and future development potential. This turnkey operation is ready for a new owner to capitalize on its established success and high-traffic location.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2003
Total area 5,052 SF
Lot 2.37 ac (103,237 SF)
APN 34.008.0010
UPID US46-2155052
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Michael L Ankeny · 1 yrs held
Michael L Ankeny
since 2025
Last sale
$62,500
4 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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