Mixed-Use Property with Five
For Lease
$15,000/Mo
235-237 Belgrade Avenue, North Mankato, MN 56003
COMMERCIAL - North Mankato, MN
Space SizeContact for details
Days on Market256
Property Features for 235-237 Belgrade Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Interior features
Restrooms
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Directions
Range left on Belgrade building on the right.
Subdivision
N MANKATO LOWER
Standard status
Active
APN
188020130
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 1 & Pt BLK 6; E 25' LOT 8 BLK 6; W 25' LOT 7 BLK 6 BLK 1 & Pt BLK 6; E 25' LOT 8 BLK 6; W 25'LOT 7 BLK 6 SUBD OF BK 1 & PT BK 6
Tax Annual Amount
40792
Legal Description
BLK 1 & Pt BLK 6; E 25' LOT 8 BLK 6; W 25' LOT 7 BLK 6 BLK 1 & Pt BLK 6; E 25' LOT 8 BLK 6; W 25'LOT 7 BLK 6 SUBD OF BK 1 & PT BK 6
Utilities
Heating system
Forced Air
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(504) 742-4442
Listed By:
SHAWNA WOLFE · License #20215401
(507) 420-1877
Added: Dec 12, 2025
Changed: Aug 4
Last Checked: Aug 25 at 2:06PM
MLS# 7039203
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 mixed-use property combines a modern retail suite on the main level with five apartments across the upper levels. The commercial space is currently configured as a skin and spa clinic and includes restrooms, contemporary finishes, refined interior design, display windows, and curated lighting. The upper residences feature modern styling, open layouts, and abundant natural light.
Located at 235-237 Belgrade Avenue in North Mankato, Minnesota, the property offers a combined commercial and residential configuration within one building. Forced-air heating serves the property, supporting both the retail and apartment components.
Located at 235-237 Belgrade Avenue in North Mankato, Minnesota, the property offers a combined commercial and residential configuration within one building. Forced-air heating serves the property, supporting both the retail and apartment components.
Key Highlights
- Five apartments positioned above the main‑level commercial suite
- Main‑level retail space currently configured as a skin and spa clinic
- Large display windows and curated lighting create a defined storefront presence
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,577
Businesses Nearby
Explore this area
Business Placement
Demographics for 56003, MN
15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Modern retail space occupies the main level, with residential units above and contemporary finishes throughout.
Where is this mixed-use property located?
The property is located at 235-237 Belgrade Avenue North Mankato, MN.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Five apartments positioned above the main‑level commercial suite; Main‑level retail space currently configured as a skin and spa clinic; Large display windows and curated lighting create a defined storefront presence
