3401 Oakland Ave Austin, MN 55912-5501
- Grocery and convenience stores
- 5,819 SF
- 2.90 lot acres
Jun 27, 2023
Current Use by Public Records
- Grocery and convenience stores
Property Details for 3401 Oakland Ave
- Year built
- 1965
- Lot size
- 2.90 lot acres
- Property size
- 5,819 SF
- Property type
- Grocery and convenience stores
- APN
- 34.875.0020
- APU
- 348750020
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Mower
- State
- Minnesota
- Longitude
- -93.0241
- Latitude
- 43.666
- CBSA code
- 12380
- CBSA name
- AUSTIN, MN MICROPOLITAN STATISTICAL AREA
