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Professional Office Suite
For Lease
$1,456/Mo

209 S 2nd Street, Mankato, MN 56001

COMMERCIAL, Mankato, MN

Space Size923 SF
Days on Market220

Property Features for 209 S 2nd Street

General Information

Property type Commercial Lease
Property subtype Office
Security features Security System
Interior features Security System, Elevator, Fire Stairs, Restrooms
Accessibility Accessible Approach with Ramp, Accessible Elevator Installed
Elementary school district Mankato #77
Middle school district Mankato #77
High school district Mankato #77
Directions South on Riverfront Drive, East on Main Street, South on 2nd Street, Office building on your left.
Subdivision MANKATO CENTRAL
Standard status Active
APN R01-09-18-129-002

Taxes and HOA fees

Tax Year 2026
Tax Description City of Mankato All Of Lots 1, 2 & 003 028 00 Office Building Only
Legal Description City of Mankato All Of Lots 1, 2 & 003 028 00 Office Building Only

Utilities

Heating system Baseboard, Oil
Cooling system Central Air

Building Details

Roof type Flat
Listing Agency: CENTURY 21 ATWOOD · Century 21 Real Estate
Listed By: Chad Ziemke
Added: Mar 12 Changed: Oct 16 Last Checked: Oct 17 at 3:06PM
MLS# 7039622

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.

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Investment Insights

Based on property information with market context.

Suite 316 provides 923 square feet of office space within a multi-tenant commercial building at 209 S 2nd Street. The premises include central air conditioning, oil and baseboard heating, restrooms, a security system, elevator service, and fire stairs. Accessibility features include an installed accessible elevator and a ramped approach.

The property is located in Mankato, MN 56001, within Blue Earth County. Its flat-roof building configuration and professional office layout support a range of business operations requiring a dedicated workplace in a commercial setting.

Key Highlights

  • 923 SF office suite
  • Suite 316 at 209 S 2nd Street, Mankato, MN 56001
  • Central air conditioning with oil and baseboard heating

Property Analytics

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Current Use

I-Eng-A of Southern Minnesota Structural Engineer Walsh Sandra Physician Core Professional Services ... Family Counselor Jack Thompson, Bankers ... Insurance Agency Persons Agency LLC Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Storage Facility Barber Shop Carpet & Flooring Store Locksmith

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
$2.84 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,784
Businesses Nearby

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
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Market

Lease Benchmarks for Mankato, MN

$46.6 /SF/Yr
Avg Asking Price
$6–$196 /SF/Yr
Price Range
4,217 SF
Avg Space Size

This space is priced 59% below the average of $46.6 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office units - Office suite with central air, elevator access, restrooms, and accessible entry features.
Where is this office units located?
The property is located at 209 S 2nd Street Mankato, MN.
What is the lease rate?
The lease rate is $1,456/Mo.
What are key features of this property?
This property features: 923 SF office suite; Suite 316 at 209 S 2nd Street, Mankato, MN 56001; Central air conditioning with oil and baseboard heating
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