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    1633 Monks Ave Mankato, MN 56001

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    For Lease
    Contact for pricing

    Retail space near Minnesota State University, Mankato.

    Property size:
    2,444 SF
    Lot size:
    1.50 Acres

    Property Features for 1633 Monks Ave

    General Information

    Size
    2,444 SF
    Lot size
    1.50 Acres

    Source: Re/Max Dynamic Agents Agent Carlos Carrera

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

    Overview

    Retail Space Near Minnesota State

    This 2,444 square foot retail space is located in the Monks Ave Retail Center, near Minnesota State University, Mankato. The property benefits from its location along a high-traffic corridor, ensuring visibility and accessibility. Situated near a hard stoplight, the location experiences vehicular and pedestrian traffic. The retail environment includes national and regional co-tenants such as CVS, Domino's, Qdoba, Subway, and Kwik Trip. This location attracts a diverse customer base, including university students, faculty, local residents, and visitors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop PerfecTan Plus Tanning Salon The Lofts @ 1633 Apartment Building Baxter's Hair Shop Hair Salon Yu's Chinese Cuisine Chinese Restaurant

    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
    Nicollet
    State
    Minnesota
    Longitude
    -93.989226
    Latitude
    44.145877

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    FAQs

    What type of property is this?
    Retail space - Retail space near Minnesota State University, Mankato.
    Where is this retail space located?
    The property is located at 1633 Monks Ave Mankato, MN.
    What are key features of this property?
    This property features: - Prime retail space offering 2,444 SF in the Monks Ave Retail Center.; - Unbeatable location just steps from Minnesota State University, Mankato.; - High-traffic corridor ensures maximum visibility and accessibility.
    (507) 720-4663
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    1633 Monks Ave 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
    1633 Monks Ave Mankato, MN 56001
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