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Flex Space with High Ceilings
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1020 S Victory Drive, Mankato, MN 56001

30x36 flex space featuring 12-foot ceilings and overhead door.

Property Size1,080 SF
Price / SF$175
Days on Market158

Property Features for 1020 S Victory Drive

General Information

Standard status Active
Size 1,080 SF
Property subtype Land

Building Details

Year Built 2017
Listing Agency: Landmark Real Estate
Listed By: Jon Kietzer · License #MN 40192489
Source: Crexi
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 9 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Real Estate

Investment Insights

Based on property information with market context.

This flex space measures 30x36 feet and features 12-foot ceilings. It includes a 10x10 overhead door with an opener and exterior LED lighting. A 30 Plyco steel walk door with a deadbolt provides access, and 3x3 Anderson slider windows are located on the South and East sides, with a 1x3 awning on the North side. The building is constructed with James Hardie fiber cement siding and Miratec exterior trim boards. It has a 7-foot by 8-inch thick concrete stem wall/foundation wall and a 5-inch thick concrete floor. Insulation includes R50 blown-in fiberglass in the attic. The unit has a bathroom with a utility sink and a hose bibb outside of the bathroom. A 6-gallon electric domestic water heater is installed. Interior features include wall outlets, a ceiling fan, and fluorescent lighting. The electrical service is 100 amp. The roof is constructed of 26-gauge ribbed steel with snow guards and gutters. The building features an extra-high truss energy heel and 2x6 3-ply column upper wall construction with 4 ft o/c trusses. The seller will pay for a mini-split heating and air conditioning system and will disconnect the boiler heat from this building.

Key Highlights

  • Seller will pay for a new mini‑split heating and air conditioning system.
  • 30x36 feet building with 12 ft ceilings and a 10x10 overhead door, suitable for various uses.
  • Durable construction with James Hardie fiber cement siding, Miratec trim, and a steel roof with snow guards.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 30x36 flex space featuring 12-foot ceilings and overhead door.
Where is this flex space located?
The property is located at 1020 S Victory Drive Mankato, MN.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Seller will pay for a new mini‑split heating and air conditioning system.; 30x36 feet building with 12 ft ceilings and a 10x10 overhead door, suitable for various uses.; Durable construction with James Hardie fiber cement siding, Miratec trim, and a steel roof with snow guards.
More about this property
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