319 N Main ST, Austin, MN 55912
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Meta Realty

Meta Realty

Meta Realty

+1(952) 243-0037
$459,900
Est. payment /mo
4,181 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7027598

Year Built 1883

Annual Tax Amount $4,010

Tax Year 2025

Contingent None

Lot Size 4,181 Sqft

Lot Dimensions 40 X 125

Property Description

Check out this large mixed use building right in the middle of downtown Austin. The building collects a lot of rent and has low expenses. While we are still waiting on confirmation of expenses, we estimate a cap rate of around 10 and annual cash on cash return to be over 20% with 25% down. This building does need some work and there's a value add component to it. However, the cash flow on this one is amazing.

Location

State MN

County Mower

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Window Unit(s)

Inclusions Building, Leases

Fireplace No

Exterior

Parking Features None

Utilities Available Electric Separate

Present Use Commercial

Building

Foundation 4200

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Austin

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Listed by Jeffrey Nobleza • Pemberton RE

Questions about this property?

Meta Realty
Meta Realty

Brokerage | License ID: 40908061

+1(952) 243-0037 | info@metarealtymn.com

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319 N Main ST

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