319 N Main Street, Austin, MN 55912

$459,900
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$459,900
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Call Shane Maki, Broker, 651-472-4012

Property Description

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.

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Listing courtesy of Pemberton RE.

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