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    1850 Madison Ave Mankato, MN 56001

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    For Lease
    $15 SF/Yr

    Family entertainment and restaurant hub with diverse leasing options.

    Property size:
    115,875 SF
    Lot size:
    115,875 SF

    Property Features for 1850 Madison Ave

    General Information

    Size
    115,875 SF

    Building Details

    Year built
    1985

    Source: David Schooff Agent David Schooff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Repurposed Entertainment and Restaurant Hub

    Repurposed in 2023, this property functions as a family entertainment and restaurant hub. It houses Green Mill to Go, Crooked Pint Ale House, UNRL Rink (a junior-sized indoor hockey complex with executive suites and event space), an arcade, and an 800-person venue. The property also includes outdoor pickleball courts, two-story access, and a planned academy for competitive youth. Leasing options include built-to-suit or as-is spaces, all featuring ceiling heights of 20 feet or more. Building signage is available on the primary retail thoroughfare. A design team is available for specifications upon request. Shared amenities encompass shared restaurant and menu selections, ample restroom facilities, and customer parking. The location benefits from high traffic, with over 30,000 vehicles per day, and proximity to hospitality accommodations. The property is situated at the intersection of Madison Avenue and Sioux Road in Mankato's retail and shopping district, with access from Sioux Road and Adam's Street. Nearby are Wal-Mart, Target, River Hills Mall, Starbucks, and Cub Foods. Traffic counts are 15,941 AADT on Madison Avenue and 5,181 AADT on Sioux Road. Tenant improvement options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UNRL Rink Ice Skating Rink higi Health Consultant ETS Performance Mankato Gym Jacqueline Jones Optometrist The Venue Live Music Venue

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Mankato Heights Plaza, Coin Cloud Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Quick-Tag, River Place Center

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.953195
    Latitude
    44.16692

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    FAQs

    What type of property is this?
    Shopping center - Family entertainment and restaurant hub with diverse leasing options.
    Where is this shopping center located?
    The property is located at 1850 Madison Ave Mankato, MN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Repurposed in 2023 as a family entertainment and restaurant hub.; - Prime retail location in Mankato's shopping district with high traffic.; - Mankato's strong regional draw attracts over 40,000 weekend visitors.
    (507) 380-7340
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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
    1850 Madison Ave Mankato, MN 56001
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