1618 3rd Avenue Mankato, MN 56001

Building Details

Year Built

1990

Listing Agency True Commercial | Business Brokerage k***@truerealestatemn.com Show Phone

Listed by Karen Toft · License #40611409

Source Crexi

Added: May 5 Checked: Jul 15 at 8:32 pm

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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

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FAQs

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 3rd Avenue 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