Office Property with Additional
New
For Sale
$350,000
Pending
1618 and 1620 3rd Avenue, Mankato, MN 56001
The offering pairs functional office space with a separate site for redevelopment.
Property Size3,600 SF
Days on Market6
Property Features for 1618 and 1620 3rd Avenue
General Information
Standard status
Pending
Size
3,600 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Land Use
commercial
Property Use
Office
Taxes and HOA fees
Annual Taxes
$20,074
Building Details
Year Built
1990
Units
1
Listing Agency:
True Real Estate
Listed By:
Karen Toft · License #40611409
(507) 381-2969
Source:
Getyoumoved
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:24PM
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
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Investment Insights
Based on property information with market context.
The commercial offering includes an office building at 1618 3rd Avenue and an additional redevelopment site at 1620 3rd Avenue in Mankato. The building, constructed in 1990, provides approximately 3,600 square feet of usable office and commercial area. Both properties are being sold as-is.
The zoning is Business/Commercial. Buyers should independently confirm zoning, permitted use, and assessments.
The zoning is Business/Commercial. Buyers should independently confirm zoning, permitted use, and assessments.
Key Highlights
- Approximately 3,600 square feet of usable office and commercial space
- A second property at 1620 3rd Avenue is identified for redevelopment
- Office building constructed in 1990
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - The offering pairs functional office space with a separate site for redevelopment.
Where is this office building located?
The property is located at 1618 and 1620 3rd Avenue Mankato, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 3,600 square feet of usable office and commercial space; A second property at 1620 3rd Avenue is identified for redevelopment; Office building constructed in 1990
