1906 8th NW St, Austin, MN 55912-2473
This exceptional retail and/or office space, totaling 1,600 square feet, presents a fantastic opportunity in the thriving Austin, Minnesota market. Located at 1906 8th St NW, 55912, this property boasts a highly desirable location directly adjacent to a Walmart Supercenter, ensuring consistent high foot traffic and significant customer visibility. The space is ideal for a variety of businesses, thanks to its flexible layout suitable for both traditional and creative office uses, or a retail operation. The interior has recently undergone a complete update, featuring brand new carpeting and freshly painted walls, providing a move-in ready condition. This multiple-tenancy building offers a strong sense of community, with established and successful neighboring businesses including Hormel, Allstate Insurance, Fantastic Sam's, China Star, El Patron, Cricket Wireless, and Sip N Chip. The property's strategic location and modern interior make it an exceptional investment opportunity for businesses seeking high visibility and a strong customer base in a vibrant commercial district. The space is currently available for lease. Contact us today to schedule a viewing and explore the possibilities this prime location offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.