Office Building with Redevelopment
For Sale
$350,000
1618 and 1620 3rd Avenue, Mankato, MN 56001
Commercial Sale, Mankato, MN
Property Size3,600 SF
Lot Size0.24 Acres
Price / SF$97.22
Days on Market147
Property Features for 1618 and 1620 3rd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Accessibility
Accessible Approach with Ramp
Subdivision
Mankato City
High school district
Mankato
Directions
Travel north on Riverfront Drive, turn left on 3rd Ave. Properties are on the left.
Standard status
Active
APN
R010906460008
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
20074
Utilities
Heating system
Hot Water(Heating), Forced Air
Building Details
Year built
1990
Listing Agency:
True Real Estate
(507) 345-8783
Listed By:
Karen Toft · License #40611409
(507) 381-2969
Added: May 18
Changed: Oct 8
Last Checked: Oct 11 at 1:06AM
MLS# 7069140
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The two-property offering includes an office and commercial building with approximately 3,600 sq ft of usable area, along with an additional redevelopment site. The building was constructed in 1990 and has hot water and forced-air heating, plus an accessible approach with a ramp.
Both properties are being sold as-is. Zoning, permitted use, and assessments are subject to buyer verification.
Both properties are being sold as-is. Zoning, permitted use, and assessments are subject to buyer verification.
Key Highlights
- Approximately 3,600 sq ft of usable office and commercial area
- Includes an additional redevelopment site
- Building constructed in 1990
Property Analytics
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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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - The offering combines functional office-commercial space with an additional 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 sq ft of usable office and commercial area; Includes an additional redevelopment site; Building constructed in 1990
