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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

3401 Oakland Ave Austin, MN 55912-5501

5,819 SF 2.9 ac lot Built 1965
Individually Owned 3-yr Hold Free & Clear
Property ID
US46-2125429
Property summary
AI-generated overview

This exceptional 5,800 square foot multi-tenant commercial property presents a unique investment or owner-occupant opportunity in Austin, Minnesota. Strategically located just off I-90, this property sits on a substantial 2.9-acre lot and currently houses a diverse mix of established businesses. These include a restaurant, a convenience store, fuel pumps, and an auto repair shop, providing multiple revenue streams and a built-in customer base. The expansive size of the property allows for flexibility and potential expansion, catering to a variety of business needs. The high-traffic location ensures significant visibility and accessibility, making it an ideal choice for investors seeking a stable and profitable venture. The existing tenants provide immediate cash flow, while the ample space and diverse offerings create opportunities for future growth and development. This property represents a rare chance to acquire a well-established, multi-faceted commercial asset in a thriving location. The combination of established businesses, prime location, and significant land area makes this an exceptional investment opportunity with considerable upside potential. Don't miss this chance to secure a valuable piece of Austin's commercial landscape.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1965
Total area 5,819 SF
Lot 2.9 ac (126,324 SF)
APN 34.875.0020
UPID US46-2125429
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
Maya Parkash · 3 yrs held
Maya Parkash
since 2023
6 recorded transactions
2023
Price N/A
2015
$8,000
2008
Price N/A
2006
$250,000
2006
$250,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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