Austin, MN Commercial Property for Sale (10 Real Estate Listings)
Austin, MN Real Estate Statistics
| Average Price | $293K |
|---|---|
| Lowest Price | $14 |
| Highest Price | $2.1M |
| Total Listings | 148 |
| Avg. Price/SQFT | $112 |
Property Types (active listings)
As of June 22, 2025 there are 10 active Austin, MN commercial real estate listings for sale with an average listing price of $407,671. The highest-priced commercial property listing is $1,250,000, while the lowest priced commercial property can be purchased for $14. Austin, MN Commercial properties for sale have an average price of $101 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 5,902 square feet of living space.
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Austin, MN Commercial Real Estate & Properties
Commercial real estate in Austin, Minnesota, is an excellent investment. The city is growing rapidly, and demand for office, retail, and industrial space. Austin is home to major employers, including Hormel Foods. Austin is a desirable place, with its beautiful scenery and recreational opportunities.
If you are interested in investing in commercial real estate in Austin, Minnesota, please get in touch with our office. We would be happy to help you find the perfect property for your needs.
Austin, Minnesota's History
Austin, Minnesota, is a city with a rich history. Founded in 1853 by Austin Nichols, the town was named after its early settler. At its founding, only "about twenty families in the area." However, more settlers began to arrive by wagon train in 1855, and by 1856, the population had increased enough to warrant the formation of Mower County. The first newspaper, the Mower County Mirror, was started in 1858. Since then, Austin has continued to grow and thrive, becoming a thriving city with a strong sense of community.
Austin, Minnesota's Demographics
Austin, Minnesota, is a vibrant and thriving city with much to offer its residents! With over 26,000 people, Austin is the 40th largest city in Minnesota. The city is growing at a rate of 0.55% annually, and its population has increased by 1.12% since the most recent census.
Austin, Minnesota, is a racially diverse city with a population of 79.28% white, 6.71% Asian, 5.64% black or African American, and 4.54% other races. It is also home to 3.46% of people who identify as two or more races and 0.19% of people who identify as Native American. Additionally, 0.18% of the population identifies as Native Hawaiian or Pacific Islander. These demographics make Austin a unique and exciting place to live. The city is proud of its diversity and offers residents many opportunities to learn about and celebrate different cultures. Numerous festivals and events showcase the cuisine, music, and art of the city's other racial and ethnic groups. In Austin, people of all backgrounds can come together and feel at home.
Austin, Minnesota's Geographic Makeup
Austin is a city located in southeastern Minnesota. The town is situated on Interstate Highway 90 and U.S. Highway 218. According to the United States Census Bureau, the city has 11.90 square miles (30.82 km2). Of this area, 11.79 square miles (30.54 km2) is land, and 0.11 square miles (0.28 km2) is water. Austin's elevation is 1,204 ft (367 m). As such, the city offers residents and visitors stunning views of the surrounding countryside. Austin is also home to several businesses and industries, making it a thriving regional economic hub.
Austin, Minnesota‘s Economy
The average household income is $67,942, with a poverty rate of 16.29%. The median rental costs in recent years have come to $815 per month, and the median house value is $114,100. The median age in Austin is 37.3 years, 36.6 years for males and 39 years for females. All of these statistics are well above the national average! Austin is a great place to raise a family or start a business. The cost of living is affordable, and there are plenty of opportunities for upward mobility.
Austin, Minnesota's Employment
Thanks to its strong economy, Austin, Minnesota, is a great place to live and work. The city's employment rate is 11.7k people, with the most prominent industries being Manufacturing (3,438 people), Health Care & Social Assistance (1,855 people), and Retail Trade (1,017 people). But what makes Austin stand out is its high-paying industries. Wholesale Trade pays an average of $52,985 annually, while Public Administration pays $52,934 annually. And Utilities pays a whopping $51,000 per year.
Why Commercial Real Estate In Austin, Minnesota?
Austin, Minnesota, is a great place to invest in commercial real estate. The city's economy is growing, thanks to its large employers and high-paying industries. In addition, the cost of living is affordable, and there are plenty of opportunities for upward mobility. Whether looking for an investment property or a place to start or grow your business, Austin offers something for everyone!