104 11th St NE - Industrial FOR SALE


Austin, MN 55912
$395,000 USD
104 11th St NE, Austin, MN for Sale
$395,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

NEW


104 11th St NE
Austin, MN 55912


HIGHLIGHTS

  • 3 drive-ins and 1 infilled drive-in at the front of the building can be reverted
  • 16' sidewalls and floor drains
  • Outdoor storage potential

OVERVIEW

Austin Industrial is a standalone industrial that is perfect for services, contractors, warehousing, and small manufacturing. Location has a large parking lot and fantastic highway access. • New exterior paint and new roof • Updated 3 phase power • Outdoor storage potential • 60’x140’ building with multiple drive-ins Austin, MN, home to Hormel Foods, has a dense suburban feel with a high rate of homeownership and affordable living. It is a growing community with good healthcare access, parks, and above-average public schools. • The property’s neighborhood is situated near the intersection of I-90 and US-218 • Located 1 mile from Hormel Foods • Short drive to Albert Lea and within an hour to Rochester • About 100 miles to Twin Cities

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53

LAND SF

22,913

ZONING

Commercial

APN/PARCEL ID

34-570-0290

ASK ABOUT THIS PROPERTY

Jeff SalzbrunCommercial Equities Group IncMore Info

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Jeff SalzbrunCommercial Equities Group IncMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.