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    1920 Adams St Mankato, MN 56001

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    For Sale
    $3,150,000

    Retail property with national tenants, excellent visibility and access.

    Property size:
    7,480 SF
    Lot size:
    1.18 Acres

    Property Features for 1920 Adams St

    General Information

    Size
    7,480 SF
    Lot size
    1.18 Acres

    Source: Upland Real Estate Group, Inc Agent Joshua Huempfner

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

    Overview

    Retail Property in Mankato, MN

    This retail property, totaling 7,480 square feet, features a mix of national retail tenants, including Noodles and Co, Five Guys, and Jersey Mike's Subs. The property is situated one block from the Cty Hwy 14 exit, at the corner of Cty Rd 22 and Adams Street, providing visibility and access. Located in Mankato, Minnesota, a retail trade area in southern Minnesota with a regional mall, the property is positioned within an out-of-metro retail hub.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Five Guys Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency 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.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.948259
    Latitude
    44.170374

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    FAQs

    What type of property is this?
    Strip mall - Retail property with national tenants, excellent visibility and access.
    Where is this strip mall located?
    The property is located at 1920 Adams St Mankato, MN.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: - Strong mix of national retail tenants including Noodles and Co, Five Guys, and Jersey Mike's Subs.; - Excellent visibility and access thanks to its corner location at Cty Rd 22 and Adams Street.; - Conveniently located one block from the Cty Hwy 14 exit.
    (612) 227-0757
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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
    1920 Adams St Mankato, MN 56001
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