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$598,000 -$52,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 8,028 Sq. Ft.
  • 2.58 Acres
  • Updated 1 day ago
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Prime Commercial Building & Lot on 18th Ave NW - High Visibility & Endless Potential Don't miss this exceptional investment opportunity! This highly visible commercial building sits on a large 2.58-acre lot in the heart of the 18th Ave NW shopping district. Zoned R-2, the property offers excellent potential for retail, housing, mixed-use, or other commercial development. Located near Walmart, Hy-Vee, auto parts stores, hotels, and numerous other businesses, this site benefits from strong neighboring traffic and convenient access to I-90. With an average daily traffic count of 7,672 vehicles, your business or development will enjoy outstanding exposure and accessibility.

Full Property Details for 704 18th Ave NW

General

  • Price: $598,000
  • Taxes: $7,392 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6810533
  • Updated: 2/17/2026
  • Added to Site: 110 day(s) ago

Interior

  • Flooring: Concrete Slab

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 5
  • Parking Features: Attached Garage, Floor Drain, Garage Door Opener, Gravel, Multiple Garages, Parking Lot, RV Access/Parking, Storage

Location

  • County: Mower
  • Township: Austin
  • Driving Directions: From I90 Take 14th St NW North to 18th Ave NW go East on 18th Ave NW Property is on the North side of the road.

School Information

  • School District: 1825 - Austin
  • High School District: Austin

Heating & Cooling

  • Heating Type: Other
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common

Structural Information

  • Exterior Const.: Block, Concrete
  • Basement: Yes
  • Foundation Size: 8028
  • Roof: Flat
  • Ceiling Height: 16-20
  • Disability Access: Doors 36"+, No Stairs External, Partially Wheelchair
  • Square Feet: 8,028
  • Finished Down/Base.: 8,028 Sq. Ft.
  • Current Bldg. Use: Warehouse
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 2.58
  • Lot Dimensions: 2.58
  • Frontage: City Street, Curbs, Paved Streets, Storm Sewer
  • Zoning: Business/Commercial, Residential-Multi-Family, Residential-Single Family

Financial Considerations

  • Tax Amount: $7,392
  • Tax Year: 2025
  • Terms: Assumable, Conventional, Cash

Disclosures and Reports

  • Legal Description: 34 103 018 S295FT W380.8FT E1231.5FT NE1/4 NW1/4 BK 223-282
  • Inclusions: Building, Land
  • Property ID: 349000110

Listed by Carolan Homes

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— 704 18th Ave NW —

  • Carolan Homes

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 704 18th Ave NW

School District:Austin Public School District
NameGradesDistance
Sumner Elementary School
805 8th Avenue Northwest, Austin, MN 55912
1-40.8 mi
I.J. Holton Intermediate School
1800 4th Avenue Southeast, Austin, MN 55912
5-62.3 mi
Ellis Middle School
1700 4th Avenue Southeast, Austin, MN 55912
5-82.2 mi
Austin Senior High School
301 3rd Street Northwest, Austin, MN 55912
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 704 18th Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$598,000
-8%
MLS
10/31/2025
Listed
$650,000
116.67%
MLS
8/21/2024
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 704 18th Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,392
29%
$298,700
15%
2022
$5,742
2%
$260,500
22%
2021
$5,628
-2%
$213,000
-13%
2023
$5,742
8%
$244,700
22%
2021
$5,308
-5%
$201,000
—
2020
$5,580
1%
$201,000
100%
2019
$5,516
3%
100%
2018
$5,354
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Carolan Homes

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Non-MLS

704 18th Avenue NW, Austin, MN 55912 (MLS# 6810533) is a Commercial property. 704 18th Avenue NW is currently listed for $598,000 and was received on October 31, 2025. Want to learn more about 704 18th Avenue NW? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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