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507 1st St NW
Austin, MN 55912

$395,000 USD

Freestanding Condo For Sale  •  2,340 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,340 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1950
  • Tenancy Multiple
  • Zoning Commercial
20 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B&C Office/Retail 2,340 SF $395,000 USD
  • Unit Size: 2,340 SF
  • Condo Use: Office/Retail
  • Price: $395,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $168.80 USD
Sale Notes
Metronet is a month to month renter paying $1350 a month with $300 being CAM.  Parking lot maintenance is paid 80% by the restaurant.

Highlights

High Traffic Area Downtown
Could be retail or office
Option or two separate or one large business

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Metronet 1,040 SF

Amenities

  • Corner Lot
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Rochester International 42 min - 35.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Molly Cass 507-440-1154 Dwell Realty Group
Molly Cass 507-440-1154 Dwell Realty Group