3401 Oakland Ave Austin, MN 55912-5501
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.
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.