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2905 W Oakland Ave

33,664 SF Vacant Retail Building Austin, MN 55912 $1,350,000 ($40/SF)

Investment Highlights

  • Great Visibility and Access to I-90
  • Flexible Zoning
  • Potential re-development
  • Multi-Use Building
  • Formerly an Auto Dealership

Executive Summary

The former Chrysler dealership in Austin is located just off I-90 on Oakland Ave. This 33,664 SF facility has the infrastructure in place to benefit auto and industrial users. The B-2 zoning is ideal for retail, commercial and light manufacturing. With few options available on the market in this size range, and priced well below replacement cost, this property is well positioned to help a company or investor get a return on their investment.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
33,664 SF
Building Class
C
Year Built
1968
Price
$1,350,000
Price Per SF
$40
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
3.41 AC
Zoning
B-2 - Community Business
Parking
136 Spaces (4.04 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 33,664 SF
  • Retail
  • -
  • Now

The former Chrysler dealership in Austin is located just off I-90 on Oakland Ave. This 33,664 SF facility has the infrastructure in place to benefit auto and industrial users. The B-2 zoning is ideal for retail, commercial and light manufacturing. With few options available on the market in this size range, and priced well below replacement cost, this property is well positioned to help a company or investor get a return on their investment.

Space Size Space Use Position Available
1st Floor 33,664 SF Retail - Now

1st Floor

Size
33,664 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 33,664 SF
Space Use Retail
Position -
Available Now

The former Chrysler dealership in Austin is located just off I-90 on Oakland Ave. This 33,664 SF facility has the infrastructure in place to benefit auto and industrial users. The B-2 zoning is ideal for retail, commercial and light manufacturing. With few options available on the market in this size range, and priced well below replacement cost, this property is well positioned to help a company or investor get a return on their investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-875-0080
Land Assessment
$227,300
Improvements Assessment
$794,800
Total Assessment
$1,022,100
  • Listing ID: 26958986

  • Date on Market: 10/27/2022

  • Last Updated:

  • Address: 2905 W Oakland Ave, Austin, MN 55912

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