Office Building with Redevelopment
For Sale
$350,000
1618 and 1620 3rd Avenue, Mankato, MN 56001
Usable commercial space is paired with a separate redevelopment site under Business/Commercial zoning.
Property Size3,600 SF
Price / SF$97.22
Days on Market82
Property Features for 1618 and 1620 3rd Avenue
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Land Use
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 6
Last Checked: Aug 6 at 3:23AM
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 includes an office/commercial building with approximately 3,600 square feet of usable space, along with a second site identified for redevelopment. The existing building was constructed in 1990 and is offered in its present condition.
The two-property package is located at 1618 and 1620 3rd Avenue in Mankato, Minnesota. Business/Commercial zoning is identified for the property. Buyers are responsible for confirming zoning, permitted use, and assessments, and both components are offered as-is.
The two-property package is located at 1618 and 1620 3rd Avenue in Mankato, Minnesota. Business/Commercial zoning is identified for the property. Buyers are responsible for confirming zoning, permitted use, and assessments, and both components are offered as-is.
Key Highlights
- Approximately 3,600 square feet of usable office/commercial building space
- Additional site identified for redevelopment
- Business/Commercial zoning
Property Analytics
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Usable commercial space is paired with a separate redevelopment site under Business/Commercial zoning.
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/commercial building space; Additional site identified for redevelopment; Business/Commercial zoning
