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MLS# NST7027598 - 319 N Main Street Austin, MN 55912

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Pemberton RE is the brokerage office representing the seller for this listing.

Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Lakeshore Properties, LLC is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lakeshore Properties, LLC, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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{"ListingKey":"NST7860818","AccessibilityFeatures":"Other","AdditionalParcelsYN":"False","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","BasementYN":"False","BuildingAreaTotal":"7204","CumulativeDaysOnMarket":"332","City":"Austin","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Window Unit(s)","CountyOrParish":"Mower","CurrentUse":"Commercial","Directions":"Downtown Austin Main Street to address","DocumentsCount":"0","DaysOnMarket":"0","ElectricExpense":"1200","FoundationArea":"4200","NST_FoundationDimensions":"40 X 105","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","FuelExpense":"0","GarageSpaces":"0","GrossIncome":"75600","Heating":"Forced Air","HighSchoolDistrict":"Austin","NST_ForeclosureStatus":"No","Inclusions":"Building,Leases","InsuranceExpense":"4800","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"43.668856","NST_LenderOwned":"No","ListPrice":"459900","ListingContractDate":"2026-02-26T06:00:00Z","ListingId":"NST7027598","Longitude":"-92.975157","LotSizeArea":"0.096","LotSizeDimensions":"40 X 125","LotSizeUnits":"Acres","MaintenanceExpense":"6816","ManagerExpense":"0","NetOperatingIncome":"53000","NumberOfUnitsTotal":"6","OperatingExpense":"21600","OriginalEntryTimestamp":"2026-02-26T16:32:22Z","NST_OwnerOccupied":"No","OwnerPays":"Exterior Maintenance,Insurance,Repairs,Taxes,Trash Collection,Water","ParcelNumber":"341850680","NST_SchoolDistrictNumber":"1825","ParkingFeatures":"None","PhotosCount":"1","PhotosChangeTimestamp":"2026-02-26T22:34:05.734Z","PostalCity":"Austin","PostalCode":"55912","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Check out this large mixed use building right in the middle of downtown Austin. The building collects a lot of rent and has low expenses. While we are still waiting on confirmation of expenses, we estimate a cap rate of around 10 and annual cash on cash return to be over 20% with 25% down. This building does need some work and there's a value add component to it. However, the cash flow on this one is amazing.","NST_SchoolDistrictPhone":"5074601900","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirPrefix":"N","StreetName":"Main","StreetNumber":"319","StreetNumberNumeric":"319","StreetSuffix":"Street","TaxAnnualAmount":"4010","NST_TaxWithAssessments":"4010","TaxYear":"2025","TenantPays":"Electricity,Gas,Heat","Township":"Austin","Utilities":"Electric Separate","VideosCount":"0","WaterSewerExpense":"2400","WaterSource":"City Water/Connected","YearBuilt":"1883","ZoningDescription":"Business/Commercial","ListAgentKey":"NST103950","ListAgentMlsId":"NST360564326","ListOfficeMlsId":"NST253204","ListOfficeName":"Pemberton RE","ListOfficeKey":"NST1001947","ModificationTimestamp":"2026-02-26T22:34:05.734Z","OriginatingSystemName":"northstar","Media":"[{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7860818/98baa2bb-c79f-4640-b517-ab79d7aced75.jpeg\",\"LongDescription\":\"Screen Shot 2026-02-23 at 9.03.05 PM.png\",\"ResourceRecordKey\":\"NST7860818\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"ImageWidth\":1062,\"ImageHeight\":1012,\"ImageSizeDescription\":\"1062x1012\",\"MediaModificationTimestamp\":\"2026-02-26T22:33:52.067Z\",\"MediaKey\":\"NST120676593\"}]","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7860818/98baa2bb-c79f-4640-b517-ab79d7aced75.jpeg","Media__LongDescription":"Screen Shot 2026-02-23 at 9.03.05 PM.png","Media__ResourceRecordKey":"NST7860818","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ImageWidth":"1062","Media__ImageHeight":"1012","Media__ImageSizeDescription":"1062x1012","Media__MediaModificationTimestamp":"2/26/2026 10:33:52 PM","Media__MediaKey":"NST120676593","DocumentsChangeTimestamp":"2026-02-26T22:33:06.165Z","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"Screen Shot 2026-02-23 at 9.03.05 PM.png\"}]","PhotoOrder":"1","CustomVTourURL":""}
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