Mankato MN Commercial for Sale

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Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
7034805

ADDITIONAL INFORMATION

Convenient Mankato Hilltop Commercial office building. 10,494 square feet on main. Partial basement approximately 1,120 square feet. Good sized parking lot with 59 spaces. Roof redone in 2014. Located one block away from Madison Avenue near ISG ballpark. Tired of renting, Great opportunity to own! Brick exterior. Multiple tenants. Listing agent is related to Seller.

Type:
General Commercial
Sq.Ft.:
8,322
Status:
Active
Beds:
n/a
Year built:
2015
Baths:
MLS#:
7034404

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
4,680
Status:
Active
Beds:
n/a
Year built:
2021
Baths:
MLS#:
7034344

ADDITIONAL INFORMATION

Personal or Condo Garage Units â?? 1,560 total square feet. 30â?? W X 52â??L with 16â?? ceilings. Finished units posses insulated partition walls with sheetrock and white liner steel for additional insulation. Units have 14â??x14â?? insulated overhead doors with openers, 3â?? entry door, and dual 3â??x3â?? windows. Units were built with exterior perimeter foundation insulation and interior floor perimeter under-slab insulation for energy efficiency. Walls contain R-25 insulation and R-50 insulation blown in ceiling. 26 Gauge steel exterior wall and roof metal for extra durability (versus 29 gauge steel typically used). Concrete footings along with 5â?? concrete floor includes a trench drain, connected to flammable waste tank for vehicle storage. Unit contains natural gas heater suspended from ceiling and optional A/C addition. Separate electrical, water, and gas meters per unit. Bathroom plumbing hookups included for a $15K allowance for contracting electrical, plumbing and bathroom framing. 100-amp electrical service with fiber optic available for internet and cable service. Front parking consists of a 3â?? wide concrete apron and pipe bollards on either side of overhead door and a 30â??X32â?? asphalt surface connected to a 24â?? road. Property owners must conform to City of Mankato Code. Businesses that do not require customers inside the property are allowed. Possible uses: warehouse/office, plumber, electrical, or distributor workshop/storage for classic cars, boats, RVs. An investment property. Manager lives on site. Auto repair, welding, and body shops are NOT acceptable uses of the property. Manager lives on site. Built by Skorr Construction, LLC who has been in business for over 50 years. Contact Arlen Skorr at (507) 380-3110 or Craig Skorr at (507) 380-3112 for further information.

Type:
General Commercial
Sq.Ft.:
3,354
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1871
Baths:
MLS#:
6477838

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
7034030

ADDITIONAL INFORMATION

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

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
7032714

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2024 REALTOR® Association of Southern Minnesota. All rights reserved.


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Mankato Real Estate

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.

Mankato Weather

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.

Mankato Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    290
    30-day change

Mankato Schools and Demographics

Education near Mankato, MN

Metric City County
High School Graduates 93.7 94.8
College Degree - 2 year 13.18 13.68
College Degree - 4 year 38.87 35.55
Graduate Degree 9.65 8.38
Expenditures per Student 14,198 14,198
Students per Teacher 15.5 15.5

Elementary Schools near Mankato, MN

School Grades Students P/T Ratio ZIP
Eagle Lake Elementary School KG - 05 360 15.5 56024
Franklin Elementary School KG - 06 694 14.3 56001
Jefferson Elementary School KG - 05 261 14.9 56001
Kennedy Elementary School KG - 05 392 13.4 56001
Roosevelt Elementary School KG - 05 356 15.9 56001
Rosa Parks Elementary School KG - 05 466 14.8 56001
St. Clair Elementary PK - 06 384 16 56080
Washington Elementary School KG - 05 394 14.2 56001

Middle Schools near Mankato, MN

School Grades Students P/T Ratio ZIP
Dakota Meadows Junior High School 07 - 08 548 15.5 56001
Mankato East Junior School 07 - 08 556 16.4 56001

High Schools near Mankato, MN

School Grades Students P/T Ratio ZIP
Mankato East Senior High School 09 - 12 981 17.2 56001
Mankato West Senior High School 09 - 12 1,148 17.8 56001
St. Clair Secondary 07 - 12 289 17.5 56080

Ungraded Schools near Mankato, MN

School Grades Students P/T Ratio ZIP
* Central Freedom School 07 - 12 5 5 56001
* Central High Area Learning Center 09 - 12 57 6.8 56001
* Mankato Area Night School 09 - 12 30 56001
Futures Program KG - 12 20 3.2 56001
KATO Public Charter School 06 - 12 83 10.8 56001
Special Education PK - 12 250 16.7 56001

Demographics near Mankato, MN 56001

Metric Zip Code City
Neighborhood Type Suburban
Population 43,938 68,575
Population Density 2,303 92
Median Age 26.8 31.4
People per Household 2.4 2.4
Median Household Income 56,274 65,000
Average Income per Capita 28,850 32,121