one of Mankatoâ??s busiest streets with traffic counts of 30,000 VPD at the intersection of Madison Avenue & Dane Street, making it a highly visible location. It is next to Community Bank and only a block from Mayo Clinic Health Systems Hospital and Mankato Clinic. 921 Madison Avenue is an 8,322 SF brick commercial building built in 2015 and has two separate units. Unit #1 is a 2,859 SF space occupied by the tenant Aerotek. This space has a high-level build-out, including in-floor heat, high ceilings, and 8â?? high doors. Unit #2 is a 5,463 SF space previously occupied by Med Express and is now available for lease. This â??turn-keyâ?? space has a high-level medical build-out that is only three years old and would cost over $1 million to build today.
BUILDING AND LAND FOR SALE: Mixed use space with long standing commercial tenant occupying the main floor along with a 3 bedroom apartment on the upper level. New stove and shower in 2024. Property includes a large parking lot on the side and back of the lot which includes 3 reserved spaces for the apartment tenants along with approximately 10 additional open spaces for client and employee parking. Street parking is also available. Roof sealed approximately 2 years ago. Front commercial space has forced air heat, back commercial space and apartments have boiler heat. Boiler serviced annually. Central air in commercial space, window units in apartment. Purchase includes shelving in basement, coolers, and counter in commercial space. Property has current rental license for up to 5 unrelated.
Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1963. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments went through a total remodel in 2022 and early 2023. The occupancy rate is currently at 100%. There is ample parking on the property for all residents Building #2 is a commercial building consisting of 12,663 SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. The apartments consist of 8 two bedroom units and 30 one bedroom units. Building #3 is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms. Broker is owner
Great location in a beautiful building downtown Mankato. Suite #305 for lease located on the third floor of the stately Union Square building. The suite has 6 private offices, a conference room, a middle common area and a sizable storage closet. Its ADA accessible with an elevator. This building is also a secure building with electronic key fobs for the tenants. Broker is owner
Mankato's newest garage condo development. All steel construction. 25 x 50 sq. ft., ceiling height 16', fully insulated, 12 x 14 overhead door with opener & windows, 36" walk door, reinforced concrete floor with floor drain, flammable waste trap, separate metered gas, water, 100 amp elect service and LED lighting. Optional features: heat & A/C, bathroom, mezzanine or loft, in-floor heat, additional windows, office or lounge, internet, cable tv service and phone.
This 3.8-acre tract is an ideal location for your business, offering a unbeatable price especially with the possibility of forgiven assessments! Situated along US14, CSAH 12, and the new Adams St. extension with nearly 17,000 average daily traffic, this spot is at the heart of it all. Adjacent to a new subdivision and a forthcoming truck stop and restaurant, this opportunity should not be overlooked. Commercial properties are in demand, so don't delay - reach out today!
Are you looking to establish your business in the thriving east side of Mankato? Look no further than this ideal location right off of US 14, boasting over 17,000 Average Daily Traffic (ADT) and situated at the intersection of CSAH 12, the newly constructed Adams Street, and US 14. This flat vacant land is attractively priced and surrounded by upcoming businesses and a new residential subdivision, making it an excellent investment opportunity. Don't let this prime area slip through your fingers!
Great property for any type of business/commercial building on the booming east side of Mankato. New subdivision going in right across county road 17. With visibility from US 14 with over 17,000 ADT, CSAH 12 with over 3400 ADT, County Road 17 with over 5300 ADT the new Adams Street extension this is sure to get the volume needed to succeed. There is a new truck stop that just opened at the intersection of CSAH 12 and Adams Street. Call today with any questions on the property or area. There are Deferred assessments on the property for the water and sewer that run along the north and east side of property. The assessment balance is $217,421.75 West five acres on Adams St have the street completed and would be willing to split. Offer would have to reflect in place road and utilities if split.
The median home value in Mankato, MN is $271,000. This is higher than the county median home value of $267,500. The national median home value is $338,100. The average price of homes sold in Mankato, MN is $271,000. Approximately 47.98% of Mankato homes are owned, compared to 43.7% rented, while 8.32% are vacant. Mankato real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mankato real estate agent to arrange a tour today!
Mankato, Minnesota 56001 has a population of 43,938. Mankato 56001 is less family-centric than the surrounding county with 29.01% of the households containing married families with children. The county average for households married with children is 30.05%.
The median household income in Mankato, Minnesota 56001 is $56,274. The median household income for the surrounding county is $65,000 compared to the national median of $69,021. The median age of people living in Mankato 56001 is 26.8 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 31.7 inches per year, with 42.6 inches of snow per year.