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    219 Victory Dr Mankato, MN 56001

    For Sale
    $1,275,000

    High-traffic location, versatile space, excellent visibility.

    Property size:
    11,405 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property at 219 S Victory Drive in Mankato, Minnesota, presents a unique investment opportunity. Boasting a total of 11,405 square feet, the property features a blend of retail, showroom, and warehouse space, ideal for a variety of businesses. The main building offers approximately 11,405 square feet of retail and showroom space, complete with two bathrooms, a kitchen, three offices, and ample storage. Parking is readily available, accommodating 20 or more vehicles. The high visibility location along Victory Drive provides excellent exposure, with an estimated 17,500 vehicles passing daily. A separate warehouse component adds approximately 4,833 square feet of functional space, equipped with eight overhead doors and partial heating. This versatile space is perfect for storage, distribution, or light manufacturing. The owner is flexible and open to various transaction structures, including an outright sale, a sale-leaseback arrangement, a full lease, or a partial lease option, providing considerable flexibility for potential buyers or tenants. The 0.82-acre lot offers ample space for expansion or future development. This property represents a compelling investment opportunity in a thriving Mankato location.

    Property Features for 219 Victory Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,405 SF
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1968
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    K T Designs-Karen ... Interior Designer Brew N Wine ... Brewing Supply Store Independent Interiors (Formerly ... Flooring Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.97138
    Latitude
    44.15741

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic location, versatile space, excellent visibility.
    Where is this office property / space located?
    The property is located at 219 Victory Dr Mankato, MN.
    What is the asking price?
    The asking price for this property is $1,275,000.
    (507) 345-8783
    Request Owner's contact information
    219 Victory Dr Mankato, MN 56001
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    Mankato, MN 56001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 Victory Dr Mankato, MN 56001
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