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Mankato Commercial Suite For Lease

1650 Madison Avenue Mankato, MN 56001

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For Lease
$17 SF/Yr $1,919/Mo (calc)

COMMERCIAL - Mankato, MN

Type:Office
Property size:
1,355 SF
Added:
Jan 14, 2026
Days on Market:
178
Last Refresh:
Jul 11 at 3:06 am

Property Features for 1650 Madison Avenue

General Information

Property type
Commercial Lease
Property subtype
Office
Interior features
Restrooms
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
R01.09.09.379.005
Size
1,355 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
NORTH STAR SUB EXC 7,500 SQ FT FOR STATE HWY 006 002 00
Tax Annual Amount
42951

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1968
Roof type
Rubber, Shingle

Listing agent Angie VanEman Lynch

Listing office AMERICAN WAY REALTY 1650 Madison Ave SUITE 101, Mankato, MN

Listing date Jan 14, 2026

MLS# 7039299

Copyright © 2026 Realtor Association of Southern Minnesota. 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.

This commercial suite, located on Madison Ave in Mankato, MN, offers an opportunity to lease a professional space with high traffic exposure, exceeding 17,000 vehicles per day. Formerly a bank, Unit 109 at 1650 Madison Ave features large front windows, a drive-up teller window, and three exterior access points at the front, side, and rear. The interior layout includes a reception and waiting area, a large conference room, a break room, three large office spaces, eleven private offices, and two vaults. The property provides ample parking with easy business access, complemented by a recently resurfaced parking lot. Situated in a five-unit office building with two current tenants, this space is available for lease at $17 per square foot per year, plus CAM of $4.50 per square foot annually (NNN). A 3-year lease is required. The property offers exceptional visibility and functionality.

Key Highlights

  • Former bank suite (Unit 109) in a five‑unit office building at 1650 Madison Ave
  • Traffic counts exceed 17,000 vehicles per day, with large front windows for street‑facing visibility
  • Multiple exterior entrances with three direct access points: front, side, and rear, plus a drive‑up teller window

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Paige Lehto Marriage Or Relationship Counselor Blake E Hahn ... Insurance Agency Lorri Kenny Physician Marinda Kimmel Marriage Or Relationship Counselor

Suggested Use

HVAC Service Electrical Service Storage Facility Building Supply Big Box & Wholesale Store Bakery Plumbing Service Locksmith Garden Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Bright commercial suite with high visibility and functional layout.
Where is this office units located?
The property is located at 1650 Madison Avenue Mankato, MN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Former bank suite (Unit 109) in a five‑unit office building at 1650 Madison Ave; Traffic counts exceed 17,000 vehicles per day, with large front windows for street‑facing visibility; Multiple exterior entrances with three direct access points: front, side, and rear, plus a drive‑up teller window
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