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    1400 Madison Ave Mankato, MN 56001

    For Lease
    $10 SF/Yr

    Repurposed retail property with medical-retail focus, office and retail spaces.

    Property size:
    331,604 SF
    Lot size:
    331,604 SF

    Property Features for 1400 Madison Ave

    General Information

    Size
    331,604 SF

    Building Details

    Year built
    1968

    Source: David Schooff Agent David Schooff

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

    Overview

    Madison East Center Retail Space

    The Madison East Center offers spaces for lease, focusing on medical and retail tenants. The property is known for professional leases and long-term relationships with established community leaders, including Mayo Clinic, Rasmussen, Mankato Clinic, and DaVita, along with other medical, retail, and human services tenants. A range of options are available, from retail to office/industrial spaces, with potential for small offices and junior-box configurations. Square footage ranges from 800 to over 19,000, depending on specific needs. The ownership group is creative, and professional management is available to help customize spaces. The Madison East Center is located on Madison Avenue and North Victory Drive, near one of Mankato's busiest retail intersections, with a traffic count exceeding 30,000 vehicles per day. Victory Drive provides access to both Highway 14 and Mankato State University. The location is highly visible and serves a large consumer base in the medical and human services sectors, with over 1,500 daily visitors and employees. The property features professional 24/7 management and emphasizes medical-retail and human services businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amana General Electric ... Appliance Repair Service Skin Essentials Skin Care Clinic Madison East Center Business Center Lauren R. Lefavor, ... Medical Clinic Dr. Eggert Delmer, ... Psychiatrist

    Suggested Use

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

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

    Similar Places Nearby

    Minnesota Valley Pet Hospital, Windschill Greg DVM

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.972171
    Latitude
    44.166955

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    FAQs

    What type of property is this?
    Medical office - Repurposed retail property with medical-retail focus, office and retail spaces.
    Where is this medical office located?
    The property is located at 1400 Madison Ave Mankato, MN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High Visibility Location: Located on Madison Ave and North Victory Drive with 30,000+ vehicles per day.; - Established Medical-Retail Focus with a strong emphasis on medical, retail, and human services tenants.; - Prominent Tenant Roster: Long tenure with established community leaders including Mayo Clinic, Rasmussen, Mankato Clinic, and DaVita.
    (507) 380-7340
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    1400 Madison Ave 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
    1400 Madison Ave Mankato, MN 56001
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