1400 14Th StAustin, MN 55912

For Sale
$1,595,000

Prime Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, Ankeny's Mini-Mart #5, presents a lucrative owner-user or investment opportunity in Austin, Minnesota. Located on a high-traffic street with excellent visibility from Interstate 90, this 2.37-acre site boasts a prominent 80+ foot pole sign visible to an estimated 30,000+ vehicles daily. The property includes three buildings, all single-story, built in 2003 and featuring a newer roof. The main attraction is a thriving gas station and convenience store equipped with five fuel dispensers (eight unleaded/premium hoses and two diesel hoses), a nearly 3,000 sq ft lighted canopy, and ample parking for over 50 vehicles. Adding to the income streams is a busy car wash and a billboard. A fast-food restaurant, operating under a franchise agreement (franchise not included in sale), serves as a key anchor tenant, generating consistent lease income. The property also includes two restrooms. The permitted zoning is commercial, making it ideal for continued operation or potential expansion. This turnkey operation, with its multiple income streams and high visibility location, is ready for a new owner. The asking price is $1,595,000.

Highlights

  • High-traffic location with excellent visibility.
  • Multiple income streams from diverse tenants.
  • Strong anchor tenant: established fast-food restaurant.

Property Details for 1400 14Th St

Property type
Automotive properties, Restaurants
Year Built
2003
Buildings
3
Stories
1
Lot Size (sq. ft)
103,237 SF

Location Insight

City
Austin
County
Mower
State
Minnesota
Latitude
43.6784395
Longitude
-92.9930394
1400 14Th St, Austin, Minnesota

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1400 14Th St
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