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404 1st Avenue SW Austin, MN $ 725,000
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$ 725,000 Get more info
404 1st Avenue SW
$ 725,000
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Share Save

404 1st Avenue SW

Austin, MN, 55912
$ 725,000
Baths0.0 Sq 3,700

Monthly Estimate*

$ 5,064

404 1st Avenue SW, Austin, MN 55912 - Image 1
Studio

Commercial Property for sale in Austin, MN

for $725,000. This 3,700 square foot building was built in 1970 on a lot size of 0.29.

Opportunity of a lifetime to own a Papa Murphys franchise and the commercial building it is in! There is another tenant in the building that pays half of the CAM charges to offset a lot of expenses. Reach out for more information before this one is gone!

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Commercial Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,274

Style

Business

Lot Size

0.29

Year Built

1970

Town/City

Austin

County/Region

Mower

MLS | Web ID

6470868
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Asphalt
Garage Spaces 0
Construction Materials Other
Year Built 1970
Tenant Pays Cable TV Electricity Fuel Janitorial Service Grounds Care Repairs Snow Removal Taxes Trash Collection Water
Levels One
Property SubType Business
Tax Year 2023
Current Use Professional/Office Food Service
Accessibility Other
County Mower
Property Type Commercial Sale
Contingency None
Subdivision Name Parker & Browns Add
Directions 1 block south of Austin High School on the corner of 4th Street NW and 1st Ave SW
City Austin
Buyer Agent Compensation 4.50
High School District Austin
Zoning Description Business/Commercial
Total Units 2
Street Name 1st
Land Lease Y/N N
Tax Annual Amount 7274
Additional Parcels Y/N N
Days on Market 85
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Open
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.29
Building Area Total 3700
Lot Dimensions .29 acres
Lot Size Units Acres
Foundation Area 3700
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Electric
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Internal Only
Street Number 1 404
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* Excluded Features
List By
True Real Estate

Broker

mark@truerealestatemn.com

Email

Affordability Calculator

$5,671
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,064
Monthly Property Taxes
$606
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2005183 Elementary School
2005182 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/21/2023$550,000 Listed Price

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404 1st Avenue SW, Austin, MN, 55912 is a Commercial Property for sale at $725,000 with 3,700 sqft and a lot size of 0.29. 404 1st Avenue SW is a studio with 0.0 baths and was built in 1970. The property's zip code is 55912 which is in Austin, MN

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