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 Market301
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: Oct 8
Last Checked: Oct 9 at 5:06PM
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 with five apartments arranged across the upper levels. The commercial space is currently used as a skin and spa clinic and includes contemporary finishes, display windows, curated lighting, and restrooms. The apartments feature modern interiors, open layouts, and abundant natural light.
Located at 235-237 Belgrade Avenue in North Mankato, the property includes forced-air heating and a blend of commercial and residential space within one building.
Located at 235-237 Belgrade Avenue in North Mankato, the property includes forced-air heating and a blend of commercial and residential space within one building.
Key Highlights
- Five apartments on the upper levels
- Main‑level retail suite currently operating as a skin and spa clinic
- Large display windows provide a street‑facing retail presence
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Modern retail space with upper-level apartments and street-facing display windows.
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 on the upper levels; Main‑level retail suite currently operating as a skin and spa clinic; Large display windows provide a street‑facing retail presence
