Courtesy: Help-U-Sell Heritage Real Est.
507-451-6000
Offered at $180,000, this well-maintained and recently remodeled commercial building is an excellent investment or owner-user opportunity. Currently operating as a prosperous nail salon, the property is move-in ready and ideal for continued salon use or other business ventures. The interior has been updated with new windows, flooring, and fresh professional paint throughout. The space is equipped with a split A/C system and air-to-air exchanger, ensuring year-round comfort and efficiency. For buyers seeking a turnkey business, there is an option to purchase the property fully equipped with all nail salon equipment for $240,000, allowing for immediate operation with minimal additional investment.
Courtesy: Re/Max Results
507-288-1111
Huge opportunity to acquire a high-visibility commercial property along Oakland Ave in Austin, MN offering multiple paths to value creation. Situated on approximately 0.78 acres with nearly 200 feet of hospitality operators. The site is currently operating as a motel, offering the potential for a buyer to continue the existing hospitality use, reposition the asset, or pursue a future redevelopment of the site. Adding to the uniqueness of the property, a large single-family home sits near the center of the lot featuring 3 bedrooms and 2.5 bathroom, creating additional possibilities for on-site management housing, rental income, owner occupancy, or future redevelopment plans. The property has also benefited from key capital improvements, including a roof and furnace installed within the past five years, offering added value and stability for investors. Zoned B-2 community business, the property allows for a wide variety of commercial uses included retail, service businesses, hospitality, office, and other commercial development. this flexible zoning creates multiple opportunities for investors looking to capitalize on future growth along this corridor. Further strengthening the investment potential, a building directly directly across Oakland Ave is currently being converted into a 22-unit multifamily development, highlighting the ongoing investment and redevelopment take place in the immediate area. Whether the next owner chooses to continue operating the motel, utilize the on-site residence, reposition the property, or redevelop the site entirely, this offering presents a compelling opportunity to control a well-located commercial parcel with strong and long term upside.
Courtesy: eXp Realty
320-500-4397
*Real Estate and Truck Wash Business For Sale** *Seller is open to seller financing for a short term* G & R Truck Wash presents a rare opportunity to acquire a fully operational and profitable truck washing business located in Austin's Opportunity Zone. The facility is equipped to service fleet vehicles, semi-trucks, tour buses, and RVs, providing professional truck and trailer wash-outs for a wide range of commercial customers. Equipment includes a 60,000-gallon-per-day Dissolved Air Flotation (DAF) system, 60,000-gallon-per-day digester, chip/solids/water separator, three pressure washers, three high-volume water pumps, and soap, wax, and spot-free rinse systems. A Bobcat with skid loader is also included. G & R Truck Wash is well known in the area for competitive pricing and dependable service, the business has built a strong customer base.
Courtesy: Pemberton Re
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.
Courtesy: Compass
952-283-0644
Opportunity and value in Downtown Austin Minnesota. Ample parking, with great cash flow! This 9-unit building is bringing in a total of $7,645 in rents , and Management could transfer with the new owner. This has some nice updates throughout the units and mechanics, it also features a brand new roof in 2025. See supplement for related information and income/expenses.
Courtesy: RE/MAX Results
507-433-0013
Prime commercial building for sale - busiest corner in town. Exceptional opportunity to own a commercial building located on one of the busiest corners in town. Prime high-visibility location near the high school. offering constant traffic and strong exposure. Currently operating as a restaurant, the building can continue as a food service operation or be adapted for other small business or commercial uses. call for your private showing today!
Courtesy: Dwell Realty Group LLC
507-800-3012
Prime Downtown Austin Commercial Opportunity This two unit commercial property is located in the heart of downtown Austin, MN and offers excellent visibility and strong foot traffic. The building includes two separate commercial spaces, providing flexibility for investors or owner occupants. One unit is currently occupied by a month to month tenant, offering immediate income with flexibility for future use. Low annual operating fees help keep ownership costs efficient and attractive. The space is suitable for retail, office, or service based businesses and features large street facing windows that provide great natural light and exposure. Located just steps from downtown shops, restaurants, and amenities, this property offers a strong combination of location, functionality, and potential.
Courtesy: Real Broker, Llc.
Take a look at this fantastic opportunity to own a commercial property with a low barrier to entry in a prime location on one of Austin's main drags. Large bathroom. Red oak hardwoods. Front and rear decks. Wheel chair ramp makes this building handicap accessible. Two garage garage. Most recently used as a salon. Get a hold of us today to schedule a tour!
Courtesy: Coldwell Banker Realty
612-920-5605
Rare opportunity to acquire a bundled multi family investment portfolio in Southern Minnesota offered as a single package with immediate scale and diversified unit mix, including a four unit property at 403 2nd Street NW in Austin, a two unit property at 509 4th Street in Albert Lea, a two unit property at 309 3rd Avenue in Austin, and a two unit property at 404 South Main Street in Austin, for a combined total of ten residential units across four properties, encompassing approximately 9,299 finished square feet, 26 total bedrooms, and combined annual property taxes of approximately $6,808, with all properties currently tenant occupied on month to month leases providing flexibility for repositioning, rent optimization, or long term hold strategies in stable Southern Minnesota rental markets.
Courtesy: Infinity Real Estate
507-550-1052
Several opportunities with this commercial property in SE Austin, MN. Continue to rent out or turn it into what you like. Private Shops or rental opportunity. All units have separate utilities and are the responsibilities of the tenants. Seller Motivated!
Courtesy: Carolan Homes
507-438-4290
Prime Commercial Building & Lot on 18th Ave NW – High Visibility & Endless Potential Don’t miss this exceptional investment opportunity! This highly visible commercial building sits on a large 2.58-acre lot in the heart of the 18th Ave NW shopping district. Zoned R-2, the property offers excellent potential for retail, housing, mixed-use, or other commercial development. Located near Walmart, Hy-Vee, auto parts stores, hotels, and numerous other businesses, this site benefits from strong neighboring traffic and convenient access to I-90. With an average daily traffic count of 7,672 vehicles, your business or development will enjoy outstanding exposure and accessibility.
Courtesy: Dwell Realty Group LLC
507-800-3012
Welcome to 106 1st Ave SE. This building was completely renovated in 2008 offering a ready to use space. Office furniture is negotiable. Property Updates in 2008 include: -New drywall, spray foam insulation, updated electrical panel, new wiring & plumbing through out -Installed cat6 networking with 4 plex outlets throughout the building, ensuring fast, reliable internet and connectivity. -Newly built 2 stall garage, with loft. Built-in stairs and loft space, perfect for extra storage or operational needs. Building layout: Main Floor: Split entrance into 2 large office spaces, 1 bathroom, kitchen and additional storage/work space/break room off the kitchen. The second floor includes 4 offices, a bathroom and additional workspace. All appliances stay, providing convenience for immediate use.
Courtesy: RE/MAX Results
507-433-0013
Looking for that prefect space to store your items and park your oversized vehicles? Look no more, as areas of land, is partially fenced, is zoned for commercial/business, and has several sports for parking. Come take a look today!
Courtesy: RE/MAX Results
507-433-0013
Looking to start your own business and require some storage and office space? Look no further! This commercial property would be great use for an Electrician, Carpenter, Roofer, HVAC, or small car repair specialist. This property offers a front office area complete with a 3/4 bath that is handicap accessible, on demand water heater, and a separate furnace from shop area. The heated Shop area has overhead garage door in front and back, and a newly shingled roof installed in July, 2025. Property is partially fenced and has several spots for parking. The 2nd lot/building with a concrete slab & space heater, is a perfect place to store your extra items or to lease out. There are SO many possibilities here! Sellers are motivated, so come take a look to see if this property would work for your next business adventure!
Courtesy: Real Broker, Llc.
Amazing owner-operator or investor opportunity on one of the busiest streets in Austin. Located right next to 4 on/off ramps for Interstate 90. Signage and buildings viewable by an estimated 30,000+ plus vehicles daily. 80+ foot pole sign viewable from Interstate 90. This gas station/convenience store has 5 fuel dispensers, 8 hoses for unleaded/premium fuel and 2 hoses for diesel fuel. With a nearly 3000 sq ft lighted canopy. This property is anchored by a fast food restaurant providing lease income (franchise is not for sale). Billboard provides additional income. 2 restrooms. Over 50 parking spaces. Built in 2003 and with a newer roof. The car wash on additional acreage is available separately or package deal!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Austin is located in Minnesota. Austin, Minnesota has a population of 26,030. Austin is less family-centric than the surrounding county with 30.55% of the households containing married families with children. The county average for households married with children is 30.74%.
The median household income in Austin, Minnesota is $54,320. The median household income for the surrounding county is $60,386 compared to the national median of $69,021. The median age of people living in Austin is 36.8 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 34.3 inches per year, with 41.4 inches of snow per year.
