Restaurants

Austin, MN Restaurants for Sale

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Restaurant Building with Covered Parking
Updated: Feb 7
Restaurant Building with Covered Parking

501 W Oakland Avenue, Austin, MN 55912

$239,900
0.14 AC lot
Existing restaurant use with potential for other small business or commercial uses
0.139‑acre site at 501 W Oakland Avenue, Austin, MN 55912
1962 construction with wood exterior
Forced‑air heating system
Covered parking
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Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 1 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 49 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Arby’s Quick Service Restaurant
Arby’s Quick Service Restaurant

2707 BRIDGE AVE, Albert Lea, MN 56007

Contact for pricing
3,500 sqft

Arby’s is positioned on a central, high-traffic retail corridor in Albert Lea, MN, among major dining and daily-service tenants.

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Restaurant and Bar With Patio
Restaurant and Bar With Patio

306 3rd ST, Grafton, IA 50440

$149,900

The sale includes the building contents, including food stored in the coolers and freezer.

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Upgraded Restaurant With Patio
Upgraded Restaurant With Patio

306 3rd ST, Grafton, IA 50440

$149,900

Established food-service property includes kitchen inventory, furnishings, and building improvements for continued restaurant operations.

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Multi-Use Retail Office Restaurant
Multi-Use Retail Office Restaurant

410 Bridge Avenue, Albert Lea, MN 56007

Contact for pricing

Commercial building on Bridge Avenue offers a drive-up window and driveway for flexible retail, office, or restaurant use.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Interstate Commercial Development Land
Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

View details

Off-Market Properties in Austin, MN

Consider similar Off-Market properties in Austin, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

208 Main St
RESTAURANT

208 Main St, Austin, MN 55912-4431

$270,000
Estimated value
4,578 sqft 0.28 AC lot
View details
100 14th SW St
RESTAURANT

100 14th SW St, Austin, MN 55912-1657

$275,000
Estimated value
2,699 sqft 0.23 AC lot
View details
217 4th NE Ave
RESTAURANT

217 4th NE Ave, Austin, MN 55912-3307

$110,000
Estimated value
560 sqft 0.20 AC lot
View details
421 Main St
RESTAURANT

421 Main St, Austin, MN 55912-3311

$215,000
Estimated value
3,895 sqft 0.09 AC lot
View details
701 17th NW Ave
RESTAURANT

701 17th NW Ave, Austin, MN 55912-1839

$1,135,000
Estimated value
5,424 sqft 0.56 AC lot
View details
300 4th NE Ave
BAR, TAVERN

300 4th NE Ave, Austin, MN 55912-3368

$265,000
Estimated value
5,200 sqft 0.13 AC lot
View details
1401 18th NW Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1401 18th NW Ave, Austin, MN 55912-1879

$1,055,000
Estimated value
3,185 sqft 0.54 AC lot
View details
117 2nd NE Ave
RESTAURANT

117 2nd NE Ave, Austin, MN 55912-3402

$115,000
Estimated value
3,744 sqft 0.06 AC lot
View details
431 10th NE St
BAR, TAVERN

431 10th NE St, Austin, MN 55912-3730

$85,000
Estimated value
1,813 sqft 0.06 AC lot
View details
433 10th NE St
BAR, TAVERN

433 10th NE St, Austin, MN 55912-3730

$70,000
Estimated value
1,260 sqft 0.06 AC lot
View details
107 11th NE Ave
RESTAURANT

107 11th NE Ave, Austin, MN 55912-3316

$260,000
Estimated value
1,915 sqft 0.08 AC lot
View details
604 3rd NW Ave
RESTAURANT

604 3rd NW Ave, Austin, MN 55912-2329

$125,000
Estimated value
1,088 sqft 0.07 AC lot
View details
501 Oakland Ave
RESTAURANT

501 Oakland Ave, Austin, MN 55912-2315

$105,000
Estimated value
1,684 sqft 0.14 AC lot
View details
27017 Us Hwy 218
RESTAURANT

27017 Us Hwy 218, Austin, MN 55912-5717

$325,000
Estimated value
10,140 sqft 3.00 AC lot
View details
501 1st NW St
RESTAURANT

501 1st NW St, Austin, MN 55912-2678

$210,000
Estimated value
7,073 sqft 0.13 AC lot
View details
1305 18th NW Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1305 18th NW Ave, Austin, MN 55912-1857

$2,175,000
Estimated value
3,713 sqft 1.14 AC lot
View details
119 2nd NE Ave
RESTAURANT

119 2nd NE Ave, Austin, MN 55912-3116

$60,000
Estimated value
4,000 sqft 0.06 AC lot
View details
1304 Main St
RESTAURANT

1304 Main St, Austin, MN 55912-3363

$180,000
Estimated value
1,800 sqft 0.48 AC lot
View details
1426 1st SW Ave
RESTAURANT

1426 1st SW Ave, Austin, MN 55912-1685

$280,000
Estimated value
2,332 sqft 0.06 AC lot
View details
308 Oakland Ave
DRIVE-THRU RESTAURANT, FAST FOOD

308 Oakland Ave, Austin, MN 55912-3124

$300,000
Estimated value
2,140 sqft 0.37 AC lot
View details
1000 4th NE Ave
RESTAURANT

1000 4th NE Ave, Austin, MN 55912-3717

$180,000
Estimated value
1,474 sqft 0.22 AC lot
View details
421 10th NE St
BAR, TAVERN

421 10th NE St, Austin, MN 55912-3730

$205,000
Estimated value
2,690 sqft 0.07 AC lot
View details
1207 Main St
RESTAURANT

1207 Main St, Austin, MN 55912-3362

$270,000
Estimated value
7,272 sqft 0.70 AC lot
View details

Austin, MN Restaurants Market Trends and Statistics

Explore 50 restaurants for sale in Austin, MN on our real estate platform.

Sale prices for restaurant properties in Austin, MN average $239,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 29K
Population Growth (5Y) +2.2%
Median Household Income $68,205
College Educated 32.8%

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $28.68 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mower County

New Delisted

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