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  • 404 1st Ave Sw

  • Austin, MN 55912
  • $475,000
  • 3,584 SqFt
  • $132.53 / SqFt
  • MLS® #: 5029277
  • Year Built: 1970
  • Days Listed: 717
Commercial property for sale in Austin, MN at 404 1st Ave Sw. This property is priced at $133/sqft.

Description of 404 1st Ave Sw, Austin

Commercial building located in a high traffic area and busy intersection in town. Two national tenants with high visibility. Great investment as it sits, or develop 2nd partial for further investment opportunity. 8.97% cap rate.

Essential Information

  • MLS® #5029277
  • Price$475,000
  • Square Footage3,584
  • Acres0.29
  • Year Built1970
  • TypeCommercial
  • Sub-TypeBusiness Opportunity
  • StyleBusiness Opportunity
  • StatusActive


Unassigned, Uncovered/Open, Driveway - Concrete

School Information

  • District492 - Austin

Community Information

  • Address404 1st Ave Sw
  • CityAustin
  • CountyMower
  • StateMN
  • Zip Code55912


  • HeatingForced Air
  • CoolingCentral

Additional Information

  • Date ListedNovember 22nd, 2017
  • Days on Market717
  • ZoningBusiness/Commercial


  • # of Garages56


  • ExteriorBlock
  • RoofAsphalt Shingles
  • Foundation3584

Kris LindahlREALTOR®

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Property Location for 404 1st Ave Sw, Austin

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Price Change History for 404 1st Ave Sw, Austin, MN (MLS® #5029277)

Date Details Price Change
Price Reduced (from $600,000) $475,000 $125,000 (20.83%)
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Copyright © 2015 SEMAR MLS. The data relating to real estate for sale on this web site comes in part from the Southeast Minnesota Association of Realtors MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified.

Listing information last updated on November 11th, 2019 at 3:22pm CST.