319 N Main St | Image 1
New

$459,900

For Sale

4 days ago

MLS® 7027598

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees $6,816
Taxes $4,010
Days Active 4
Approx. Age 1883
MLS® Number 7027598

Property Address: 319 N Main St, Austin, MN, 55912-3407

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7027598
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1883
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$459,900List Price
  • Commute

Commute

Starting Address
Destination Address
319 N Main St, Austin, MN

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