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124 3rd Avenue NW, Austin, MN 55912

$1,300

Property Type: Commercial Lot Size (sq. ft.): 2,178 Status: Closed

Current Price: $1,300 List Date: 11/16/2022 Last Modified: 8/06/2025

Overview

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.

Listing Details MLS# 6309798

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 2
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1872
For Sale or Lease: For Lease
Acres: 0.05
Lot Dimensions: 24x102
Garage Stalls: 0

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); City View Basement: None CMU Style: Business Opportunity; Office; Other; Retail/Shopping Center; Single Occupancy Construction Materials: Brick; Other Construction Status: Previously Owned Current Use: Vacant Existing Financing: Free and Clear Exterior: Brick/Stone; Other Fencing: None Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Lease Details: Triple Net Location Description: Downtown Lock Box Type: Supra Miscellaneous Information: Building Sign; Delivery Door; Display Window; Exterior Lighting On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot; Off Site; Unassigned; Other Potential Use: Grocery; Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Pitched; Tar/Gravel Sewer: City Sewer/Connected Stories: One Water: City Water/Connected Window Features: Aluminum Frames; Display Window(s)

Contract Information

Off Market Date: 2023-02-23
Closed Date: 2023-02-23
Sales Close Price: 1300
Original List Price: 1000
Contingency: None
ListPrice: 1000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 124
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Austin
County: Mower
State: MN
Zip Code: 55912
Complex/Dev/Subdivision: Davidson's Add

Assessments

Tax With Assessments: 1246
Assessment Balance: 0

Building Information

Building Finished SqFt: 1248
Building SqFt: 1872
Ceiling Height: 11-15

More Information

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Monthly
Triple Net: Yes

Lock Box Type

Lock Box Source: SEMR
Supra: Yes

Miscellaneous Information

Homestead: No
Building Sign: Yes
Delivery Door: Yes
Display Window: Yes
Exterior Lighting: Yes

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building, Fixture/Equipment, Land

Unit Details

Total Units: Yes

Office/Member Info

Association: SEMR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: 00 000 000 DAVIDSON 34185 000 028 E 24 FT LOT 9
Listing City: Austin
Map Page: 999
Municipality: Austin
Rental License?: No
School District: Austin
School District Phone: 507-460-1900
Zip Plus 4: 4509
Property ID Number: 341851170
Tax Year: 2022
Tax Amount: 1246
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: From Main St turn West on 3rd Ave NW

Accessible

No Stairs External: Yes
No Stairs Internal: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
City View: Yes

Basement

None: Yes

Construction Materials

Brick: Yes
Other: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Brick/Stone: Yes
Other: Yes

Fencing

None: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes

Parking Characteristics

Parking Lot: Yes
Off Site: Yes
Unassigned: Yes
Other: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Pitched: Yes
Tar/Gravel: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Window Features

Aluminum Frames: Yes
Display Window(s): Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Business Opportunity: Yes
Office: Yes
Other: Yes
Retail/Shopping Center: Yes
Single Occupancy: Yes

Current Use

Vacant: Yes

Location Description

Downtown: Yes

Potential Use

Grocery: Yes
Income: Yes
Lounge/Bar: Yes
Office: Yes
Other: Yes
Professional: Yes
Rest/Lounge: Yes
Restaurant: Yes
Retail: Yes

Listing Office: Carolan Homes

Last Updated: August - 06 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.