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    235-237 Belgrade Ave North Mankato, MN 56003

    For Lease
    $2,200,000

    Convertible retail/office/medical space with modern design, available February 2026.

    Property size:
    3,550 SF
    Lot size:
    0.18 Acres

    Property Features for 235-237 Belgrade Ave

    General Information

    Size
    3,550 SF
    Lot size
    0.18 Acres

    Source: KW Commercial Midwest - Apple Valley Agent James Halbur

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

    Overview

    Modern Retail/Office/Medical Space Available

    This 3,550-square-foot space, currently configured as a skin clinic medical spa, is available for lease starting February 1, 2026. The property's design is described as elegant and modern, featuring high-end finishes and fixtures. Large windows provide ample natural light. The space is move-in ready and suitable for immediate occupancy. It can be converted into an office or other retail use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.0074
    Latitude
    44.169839

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    FAQs

    What type of property is this?
    Retail space - Convertible retail/office/medical space with modern design, available February 2026.
    Where is this retail space located?
    The property is located at 235-237 Belgrade Ave North Mankato, MN.
    What are key features of this property?
    This property features: - Elegant and modern design; - High-end finishes and fixtures; - Move-in ready for immediate occupancy
    (507) 317-2353
    Request Owner's contact information
    235-237 Belgrade Ave North Mankato, MN 56003
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    North Mankato, MN 56003
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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
    235-237 Belgrade Ave North Mankato, MN 56003
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