Mixed-Use Property with
For Sale
$2,600,000
235 - 237 Belgrade Avenue, North Mankato, MN 56003
Commercial Sale, North Mankato, MN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market301
Property Features for 235 - 237 Belgrade Avenue
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Business/Commercial
Bedrooms
7
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 5, Bathroom 2, Bedroom 7, Bathroom 6, Bedroom 6, Bathroom 1, Bathroom 7, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 8, Bathroom 4, Bathroom 5, Bedroom 2
High school district
Mankato
Directions
Range left on Belgrade building on the right.
Standard status
Active
APN
188020130
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
40792
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1896
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(507) 424-4422
Listed By:
Shawna L. Wolfe · License #20215401
(507) 420-1877
Added: Dec 12, 2025
Changed: Oct 8
Last Checked: Oct 9 at 5:06PM
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.
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
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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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
