600 2Nd St NW, Austin, MN 55912
For Lease
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This exceptional two-level mixed-use building, located at 600 2nd St NW in Austin, Minnesota, offers 5,000 square feet of versatile space. The main level, approximately 5,000 square feet, features a fully finished basement, providing ample room for a variety of uses. The open floor plan allows for flexible configurations to suit diverse business needs, whether traditional office, coworking space, or creative office. Its prime location offers easy access to local shops, restaurants, and entertainment, with the added convenience of being within walking distance of Main Street. Ample parking is available for tenants and visitors. The building's location in Austin, Mower County, Minnesota (zip code 55912), places it near a wide array of attractions, making it an ideal location for both work and leisure. This single-tenant property presents a fantastic opportunity to establish a thriving business in a vibrant and growing community. The property is categorized as Retail, Office, and Special Purpose, offering significant potential for a variety of businesses. This is a unique opportunity to acquire a well-situated and adaptable commercial property in a desirable Minnesota location.
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.