501 W Oakland Avenue Austin, MN ^$ 239,900

501 W Oakland Avenue

^$ 239,900

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501 W Oakland Avenue

Austin, MN, 55912

^$ 239,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,657

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Commercial Property for sale in Austin, MN

for $239,900. This building was built in 1962 on a lot size of 0.139.

Prime commercial building for sale - busiest corner in town. Exceptional opportunity to own a commercial building located on one of the busiest corners in town. Prime high-visibility location near the high school. offering constant traffic and strong exposure. Currently operating as a restaurant, the building can continue as a food service operation or be adapted for other small business or commercial uses. call for your private showing today!

Commercial Active

Price

^$ 239,900

Property Type

Commercial

Taxes

^$ 2,252

Style

Lot Size

0.139

Year Built

1962

Town/City

Austin

County/Region

Mower

MLS | Web ID

7018398

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Year Built 1962

Levels One

Tax Year 2026

Current Use Restaurant

Accessibility Wheelchair Ramp(s)

County Mower

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name West Park

Directions Corner of Oakland Ave West and 4th St.

City Austin

High School District Austin

Zoning Description Business/Commercial

Number Of Units Total 1

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 2252.35

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features Open

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.139

Lot Dimensions 45x126

Waterfront Y/N N

Foundation Area 1684

Interior

Basement (Y/N) N

Fuel Natural Gas

Garage Square Feet 0

Internal Only

Street Number 1 501

* Excluded Features

List By

Re/Max Results

Broker

caferre@msn.com

Affordability Calculator

$1,845

Per Month

Monthly Principal & Interest: $1,657
Monthly Property Taxes: $188
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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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Nearby

Trends
Schools

Commerical listings in Austin, MN

Average List Price ^$612,870

Percent of Sale Price 155%

About Austin, MN

24,843 Population

3% Since 2002

^$46,512 Median Income

38.07 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2005183 Elementary School

2005182 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/7/2026	$239,900	-4.00%	Price Down
3/20/2026	$249,900	-5.70%	Price Down
2/9/2026	$265,000		Listed Price

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501 W Oakland Avenue, Austin, MN, 55912 is a Commercial Property for sale at $239,900 with a lot size of 0.139. 501 W Oakland Avenue was built in 1962. The property's zip code is 55912 which is in Austin, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

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.

Data is updated as of 10/17/2026.

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501 W Oakland Avenue

Commercial Property for sale in Austin, MN

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