Mixed-Use Property with
235 - 237 Belgrade Avenue, North Mankato, MN 56003
For Sale
$2,600,000
Commercial Sale, North Mankato, MN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market336
Property Features for 235 - 237 Belgrade Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
High school district
Directions
Standard status
APN
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
large display windows
thoughtfully curated lighting
contemporary finishes
refined decor
tranquil sophisticated atmosphere
stylish modern design
open layouts
abundant natural light
Building Details
Year built
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
Listed By:
Shawna L. Wolfe · License MN #20215401
(507) 424-4422
Added: Dec 12, 2025
Changed: Nov 5
Last Checked: Nov 12 at 6:06AM
MLS# 7000269
Copyright © 2026 Northstar MLS. 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.
This mixed-use building at 235–237 Belgrade Avenue pairs a ground-floor retail suite with five apartments on the upper levels. The commercial space is currently used as a skin and spa clinic. The property was built in 1896 and occupies a 0.18-acre lot.
Building systems include forced-air heating and central air conditioning. The address is in North Mankato, Minnesota.
Building systems include forced-air heating and central air conditioning. The address is in North Mankato, Minnesota.
Key Highlights
- Five apartments above a ground‑floor retail suite
- Ground‑floor commercial space currently operates as a skin and spa clinic
- 0.18‑acre lot at 235–237 Belgrade Avenue, North Mankato, MN 56003
Property Analytics
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,577
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor commercial suite currently operates as a skin and spa clinic, with five residences above.
Where is this mixed-use property located?
The property is located at 235 - 237 Belgrade Avenue North Mankato, MN.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Five apartments above a ground‑floor retail suite; Ground‑floor commercial space currently operates as a skin and spa clinic; 0.18‑acre lot at 235–237 Belgrade Avenue, North Mankato, MN 56003
