Property profile

2405 4th NW St Austin, MN 55912

OFF-MARKET
Office buildings
Property ID
US46-2722604
4,710 SF 0.38 ac lot Built 1988
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This commercial property in Austin, Minnesota includes facilities historically used as a brewery and ice cream shop and was in operation beginning in 2018. The site covers approximately 0.384 acres and includes brewery production features such as modern brewing systems, a large walk-in cooler, and cold storage designed for food and beverage preparation. The retail component historically functioned as an ice cream shop with updated ice cream cabinets and freezers. The building has undergone upgrades including a roof replacement, new siding, new garage doors, cement work, electrical updates, and installation of two handicapped-accessible restrooms. The interior configuration is suited to hosting events and community gatherings, and the property is adaptable for a range of food-and-entertainment uses, including concepts such as a kitchen/bakery, coffee shop, catering operation, bar and grill, or event-oriented entertainment such as axe throwing, escape rooms, or an event center.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 4,710 SF
Lot 0.38 ac (16,727 SF)
APN 34.235.0050
UPID US46-2722604

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2405 4th NW St Austin, MN 55912-1827
Austin metro Census 100 AUSTIN, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2026
Last sale
$214,000
4 recorded transactions
2026
$345,000
2023
Price N/A
2022
Price N/A
2022
$214,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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