501 W Oakland Avenue, Austin, MN 55912 (MLS# 7018398)

501 W Oakland Avenue, Austin, MN 55912

$239,900
Property Type: Commercial Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $239,900 List Date: 2/09/2026 Last Modified: 8/24/2026

Overview

Description

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!

Listing Details MLS# 7018398

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Waterfront YN
No
Year Built
1962
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1684
For Sale or Lease
For Sale
Acres
0.13
Lot Dimensions
45x126
Assessment Pending
No

Property Features

Accessible: Wheelchair Ramp CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Restaurant Exterior: Wood Foundation: None Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Uncovered/Open Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
239900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
501
Street Direction Prefix
W
Street Name
Oakland
Street Suffix
Avenue
Postal City
Austin
County
Mower
State
MN
Zip Code
55912
Complex/Dev/Subdivision
West Park

Assessments

Assessment Balance
525.65
Tax With Assessments
2778

Building Information

Building Finished SqFt
1684

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: August - 24 - 2026
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.