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    424 N Riverfront Dr Mankato, MN 56001

    For Lease
    $14 SF/Yr ($4,025 /Mo)

    Office spaces for lease in downtown Mankato's Hubbard Building.

    Property size:
    3,450 SF
    Lot size:
    1.46 Acres

    Property Features for 424 N Riverfront Dr

    General Information

    Size
    3,450 SF
    Lot size
    1.46 Acres

    Source: Coldwell Banker Commercial Fisher Group Agent Dain Fisher

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

    Overview

    Renovated Office Space Available

    Office spaces are available for lease in the renovated Hubbard Building, located in downtown Mankato. The property is described as a hub of innovation and activity, featuring modern design common areas, a hydroponic plant wall filtration system, and solar panel energy. The building has a partnership with Minnesota State University, Mankato, bringing in students, faculty, and business partners from the region for special events. Tenants have access to a newly remodeled state-of-the-art conference room, ample parking, and an adjacent Food Truck Hub. Spaces range from individual offices on gross lease to renovated spaces with fixtures and finishes. The property has a total size of 3,450 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jason Bonnema - Thrivent Financial Planner Ridley Feed Operations Manufacturer Rite-Factor Animal Feed Store Cubic 3D LLC Manufacturer Mogwai Collaborative Coworking Space

    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
    -93.999866
    Latitude
    44.17056

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    FAQs

    What type of property is this?
    Office space - Office spaces for lease in downtown Mankato's Hubbard Building.
    Where is this office space located?
    The property is located at 424 N Riverfront Dr Mankato, MN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Renovated office spaces with beautiful fixtures and finishes.; - Hub of innovation and activity with modern design common areas.; - Partnership with Minnesota State University, Mankato, bringing in students, faculty, and business partners.
    (507) 469-0545
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    424 N Riverfront Dr 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
    424 N Riverfront Dr Mankato, MN 56001
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