Mankato Mixed-Use Property
For Sale
$699,000
1618 1614 1622 1620 3rd Ave, Mankato, MN 56001
Four-property package with commercial, residential, and redevelopment potential.
Property Size3,600 SF
Price / SF$194.17
Days on Market99
Property Features for 1618 1614 1622 1620 3rd Ave
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial
Zoning
Business/Commercial
Taxes and HOA fees
Annual Taxes
$20,074
Building Details
Year Built
1990
Stories
1
Units
1
Listing Agency:
True Real Estate
(507) 381-2969
Listed By:
Karen Toft · License #40611409
(507) 381-2969
Source:
Juverealestate
Added: May 18
Changed: Aug 23
Last Checked: Aug 6 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of True Real Estate
Investment Insights
Based on property information with market context.
This offering presents a unique opportunity to acquire a four-property package located on 3rd Avenue in Mankato. The package includes a functional commercial building, a licensed four-bedroom rental property, a fully renovated residential property, and an additional site suitable for redevelopment. The total property size is 3600 square feet. This collection of properties is suitable for an investor, an owner-user, or a buyer interested in redevelopment, offering a combination of usable space, income potential, and future development possibilities. This is a chance to control multiple adjacent properties within a single transaction. Intended uses include commercial, residential, and redevelopment. Buyers are advised to verify zoning regulations, permitted uses, licensing requirements, property condition, and assessments independently.
Key Highlights
- Four‑property package in one offering
- Includes a functional commercial building
- Features a licensed 4‑bedroom rental property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-property package with commercial, residential, and redevelopment potential.
Where is this mixed-use property located?
The property is located at 1618 1614 1622 1620 3rd Ave Mankato, MN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑property package in one offering; Includes a functional commercial building; Features a licensed 4‑bedroom rental property
