507 1st Nw Street Unit B&c, Austin, Minnesota 55912

MN, Austin
$395,000
  • Commercial Sale Property Type
  • 1950 Year Built
  • Active Status
See All 38 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7017737
  • Price: $395,000
  • Year Built: 1950
  • Listing Status: Active
  • Office Name: Dwell Realty Group LLC
  • Roof: Flat
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement None
  • Parking Parking Lot
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Mower
  • City Austin
  • Zipcode 55912
  • Street: 1st
  • Street Number: 507
  • Street Suffix: Street
  • Directions: From 4th St NW turn left onto 5th PL NW, Business complex is on the corner of 5th PL and 1st St NW.
  • Street Dir Suffix: NW
  • Unit Number: B&C
Neighborhood
  • High School District: Austin
MLS Addon
  • Office Name: Dwell Realty Group LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Other
  • Building Size: 2340
  • Current Use: Office
  • Levels: One
  • Lot Size Dimensions: irr
  • Number Of Units Total: 2
  • Possible Use: Office,Professional Service,Restaurant,Retail,Grocery,Lounge/Bar,Medical/Dental
Financial
  • Tax Annual Amount: 8634
Listing Information
  • List Agent Mls Id: 503503616
  • List Office Mls Id: 26853
  • Modification Timestamp: 2026-02-23T18:26:05Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$