Mankato MN Commercial for Sale

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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.:
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:
Office
Sq.Ft.:
10,600
Status:
Active
Beds:
n/a
Lot size:
1.2 Acres
Year built:
1919
Baths:
MLS#:
6460280

ADDITIONAL INFORMATION

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

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2021
Baths:
MLS#:
7028884

ADDITIONAL INFORMATION

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!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2021
Baths:
MLS#:
7028881

ADDITIONAL INFORMATION

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!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
7028962

ADDITIONAL INFORMATION

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.

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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


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. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Mankato Real Estate

The median home value in Mankato, MN is $342,500. 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 $342,500. 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 has a population of 43,938. Mankato is less family-centric than the surrounding county with 28.54% 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 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 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

    $342,500
    11.6% change since last quarter
  • # Active listings

    280
    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
Bridges Community Elementary School KG - 05 147 15.4 56001
Eagle Lake Elementary School KG - 05 360 15.5 56024
Franklin Elementary School KG - 06 694 14.3 56001
Hoover Elementary School KG - 05 543 17.9 56003
Jefferson Elementary School KG - 05 261 14.9 56001
Kennedy Elementary School KG - 05 392 13.4 56001
Maple River West Elementary School PK - 05 242 15 56037
Monroe Elementary School KG - 05 481 17.1 56003
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
Garfield Elementary School 06 - 06 289 19.4 56003
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
* Life Lines Adult Connection 11 - 12 0 1.1 56001
* Mankato Area Night School 09 - 12 30 56001
* Mankato Area Summer School 09 - 12 0 56001
Futures Program KG - 12 20 3.2 56001
KATO Public Charter School 06 - 12 83 10.8 56001
Socrates Online 01 - 12 0 56003
Special Education PK - 12 250 16.7 56001

Demographics near Mankato, MN

Metric City County
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