You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail space

319 Main St Austin, MN 55912-3407

7,204 SF 0.1 ac lot Built 1883
Individually Owned 14-yr Hold Free & Clear
Property ID
US46-2342911
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1883
Total area 7,204 SF
Lot 0.1 ac (4,182 SF)
APN 34.185.0680
UPID US46-2342911
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hoi Nguyen · 14 yrs held
Hoi Nguyen
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 319 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message