Unit 109 Office Suite with Drive-Up
For Lease
$17 SF/Yr CAM $4.50 /USD/SF/YR
1650 Madison Avenue, Mankato, MN 56001
COMMERCIAL - Mankato, MN
Space SizeContact for details
Days on Market209
Property Features for 1650 Madison Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Interior features
Restrooms
Accessibility
Accessible Approach with Ramp
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Subdivision
MANKATO HILLTOP
Standard status
Active
APN
R01.09.09.379.005
Size
1,355 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH STAR SUB EXC 7,500 SQ FT FOR STATE HWY 006 002 00
Tax Annual Amount
42951
Legal Description
NORTH STAR SUB EXC 7,500 SQ FT FOR STATE HWY 006 002 00
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1968
Roof type
Shingle, Rubber
Listing Agency:
AMERICAN WAY REALTY
(507) 345-4040
Listed By:
Angie VanEman Lynch
(507) 381-8961
Added: Jan 14
Changed: Aug 4
Last Checked: Aug 11 at 5:06PM
MLS# 7039299
Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 109 at 1650 Madison Avenue offers a former bank layout designed for visibility and client access. The suite includes a spacious reception and waiting area, a large conference room, a break room, three large office spaces, eleven private offices, and two vaults. Large front windows and a drive-up teller window support walk-in and drive-up customer traffic, while three direct exterior access points provide front, side, and rear entry convenience. The space also includes restrooms and an accessible approach with a ramp.
The property is a five-unit office building with two current tenants, offering ample parking and easy business access. The parking lot has been recently resurfaced. The location on Madison Avenue is supported by traffic counts exceeding 17,000 vehicles per day.
Heating is forced air and cooling is central air. The unit is available now, and the lease requires a three-year term.
The property is a five-unit office building with two current tenants, offering ample parking and easy business access. The parking lot has been recently resurfaced. The location on Madison Avenue is supported by traffic counts exceeding 17,000 vehicles per day.
Heating is forced air and cooling is central air. The unit is available now, and the lease requires a three-year term.
Key Highlights
- 1,355 SF office suite in a five‑unit office building
- Drive‑up teller window plus large front windows
- Three direct exterior access points: front, side, and rear
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Bright office suite with a drive-up teller window, large front windows, and three exterior entrances.
Where is this office units located?
The property is located at 1650 Madison Avenue Mankato, MN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,355 SF office suite in a five‑unit office building; Drive‑up teller window plus large front windows; Three direct exterior access points: front, side, and rear
