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Listing Details
- $699,990
- MLS# 7042016
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Re/Max Results
Agency Phone: 507-288-1111
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Huge opportunity to acquire a high-visibility commercial property along Oakland Ave in Austin, MN offering multiple paths to value creation. Situated on approximately 0.78 acres with nearly 200 feet of hospitality operators. The site is currently operating as a motel, offering the potential for a buyer to continue the existing hospitality use, reposition the asset, or pursue a future redevelopment of the site. Adding to the uniqueness of the property, a large single-family home sits near the center of the lot featuring 3 bedrooms and 2.5 bathroom, creating additional possibilities for on-site management housing, rental income, owner occupancy,...read more
Features
- Appliances: Dryer, Microwave, Refrigerator, Washer, Water Softener Rented
- Cooling: Central Air
- Heating: Forced Air
- Taxes: $5,911
- Water: City Water/Connected
- Year Built: 1950
Gallery
Listed By
Agency Name: Re/Max Results
Agency Phone: 507-288-1111
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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