For Sale: Mankato MLS# 7164554
Active
NEW!
$850,000
Commercial: Other
Built 1970
1.11 acres
Mankato schools
MLS# 7164554
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Property Description
Acquire a strategic 1.11 acre income producing assemblage offering long term redevelopment potential with four existing commercial tenants providing carrying income and staggered lease expirations creating opportunities for phased redevelopment along one of Mankato's established commercial corridors.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$850,000
Property Type:
Commercial
City:
Mankato
Garage Spaces:
0
County:
Blue Earth
Year Built:
1970
State:
MN
Property Style:
Other
Zip Code:
56001
Subdivision Name:
Mankato
Interior
Bedrooms:
0
Bathrooms:
0
Exterior
Garage Spaces:
0
Foundation Size:
3,300 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Asphalt
- Parking Lot
- Paved Lot
Road Frontage:
City Street
Exterior Material:
- Block
- Stone
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.11
Geolocation:
44.17465, -93.996375
Inclusions:
Building, Land, Leases
Lot Dimensions:
1.11
Addl Parcels:
R010907252043, R010907252042, R010907252044
Zoning:
Business/Commercial
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$21,012
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$21,012
Units
Total Units:
4
Miscellaneous
Current Use:
- Commercial
- Food Service
- Office
- Professional Service
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Dynamic Agents.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.