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Retail Space with Salon Build-Out
For Lease
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1633 Monks Avenue, Mankato, MN 56001

A former salon and barber shop is available with flexible lease terms.

Space Size1,505 SF
Days on Market11

Property Features for 1633 Monks Avenue

General Information

Standard status Active
Size 1,505 SF
Property subtype Special Purpose

Spaces For Lease

at 1633 Monks Avenue Contact us

#1

Size
1,505 SF
Availability
Active
Contact us
Listing Agency: True Commercial | Business Brokerage
Listed By: April Femrite · License #MN 40673070
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 2:31PM

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 Commercial | Business Brokerage

Investment Insights

Based on property information with market context.

This retail space in the Lofts @1633 building was previously configured as a salon and barber shop. The property is available for lease, with flexible lease terms. The tenant is responsible for its share of CAM, insurance, and real estate tax expenses, along with separately metered utilities.

1633 Monks Avenue is within walking distance of Minnesota State University, Mankato, which has more than 15,000 students. Other commercial tenants in the building include Subway, Wynn Nails, Yu’s Chinese, and Qdoba; student apartments are located above the retail level.

Key Highlights

  • Former salon and barber shop build‑out
  • Within walking distance of Minnesota State University, Mankato, home to over 15,000 college students
  • Building tenants include Subway, Wynn Nails, Yu’s Chinese, and Qdoba

Property Analytics

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Current Use

Subway Take-out & Catering PerfecTan Plus Tanning Salon The Lofts @ 1633 Apartment Building Baxter's Hair Shop Hair Salon Yu's Chinese Cuisine Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 42% Hotels & Casinos 3%
Kwik Trip Shops & Services
39,398 visits/mo 0.2 miles
Noodles & Company Dining
13,331 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
10,146 visits/mo 0.2 miles
Caribou Coffee Dining
7,941 visits/mo 0.2 miles
Cold Stone Creamery Dining
6,316 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Mankato, MN

$12.25 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
4,493 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A former salon and barber shop is available with flexible lease terms.
Where is this retail space located?
The property is located at 1633 Monks Avenue Mankato, MN.
What are key features of this property?
This property features: Former salon and barber shop build‑out; Within walking distance of Minnesota State University, Mankato, home to over 15,000 college students; Building tenants include Subway, Wynn Nails, Yu’s Chinese, and Qdoba
(507) 345-8783 Call to check price and availability
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