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Commercial:  Business Opportunity
Built 1950
0.06 acres
Austin schools
MLS# 6540461
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    Property Description

    Business Opportunity in downtown Austin B3 Zoning. This is a 1 story building with 1, 872 sq. ft. It has a 100amp circuit breaker electrical panel, newer furnace, and air conditioning. It has public street parking right in front with 2 large public parking lots with in a 1/2 block. High traffic area and within a 1/2 block from the Spam Museum, which sees 100k+ visitors per year. Seller would consider a possible contract for deed.


    Contingency: None
    City: Austin
    County: Mower
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55912
    Subdivision Name: Davidsons Add


    Ceiling Height: 11-15
    Basement Details: None


    Stories: One
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,872 ft2
    Handicap Accessible: No Stairs Internal
    Heating System: Forced Air
    Parking Features: Off Site
    Unit Amenities:
    • Ceiling Fan(s)
    • City View
    Exterior Material:
    • Block
    • Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Pitched
    • Tar/Gravel

    Lot & Land

    Acres: 0.06
    Geolocation: 43.66943, -92.97559
    Inclusions: Building, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 24 x 102
    Zoning: Business/Commercial
    Lot Description: Public Transit (w/in 6 blks)


    School District: 492
    District Phone: 507-460-1900


    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,176
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,176


    Annual Gross Income: $16,800


    Total Units: 1


    Current Use: Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Carolan Homes.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.