New Retail Space with White
For Lease
$30 SF/Yr
242 Belgrade Avenue, North Mankato, MN 56003
COMMERCIAL, North Mankato, MN
Space SizeContact for details
Days on Market47
Property Features for 242 Belgrade Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Property condition
Under Construction
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Directions
Hwy 169 to Webster to Range Street to Belgrade
Subdivision
N MANKATO LOWER
Standard status
Active
APN
18.249.0010
Taxes and HOA fees
Tax Year
2026
Tax Description
Block 1 Lot 1 Subdivision Cd 18249 Subdivision Name ROMEY HINZ ADDITION
Tax Annual Amount
6239
Legal Description
Block 1 Lot 1 Subdivision Cd 18249 Subdivision Name ROMEY HINZ ADDITION
Utilities
Heating system
Forced Air
Building Details
Year built
2026
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(504) 742-4442
Listed By:
SHAWNA WOLFE · License #20215401
(507) 420-1877
Added: Jul 31
Changed: Sep 5
Last Checked: Sep 15 at 12:06PM
MLS# 267041071
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 retail space at 242 Belgrade Avenue in North Mankato is under construction and scheduled for completion in 2026. Delivered as a white-box shell, the premises provide a clean starting point for tenant-directed improvements and interior planning.
The space can accommodate retail, office, or service-based use, subject to applicable requirements. Forced-air heating is included, and the new construction provides code-compliant infrastructure for the buildout process. Located on Belgrade Avenue, the property offers a visible commercial setting for a tenant seeking a newly constructed space with configuration flexibility.
The space can accommodate retail, office, or service-based use, subject to applicable requirements. Forced-air heating is included, and the new construction provides code-compliant infrastructure for the buildout process. Located on Belgrade Avenue, the property offers a visible commercial setting for a tenant seeking a newly constructed space with configuration flexibility.
Key Highlights
- White‑box delivery provides a clean shell for tenant buildout
- Under construction with a 2026 year built
- Retail, office, or service‑based use supported in the source information
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Under-construction space offers a clean shell for retail, office, or service-oriented tenant improvements.
Where is this retail space located?
The property is located at 242 Belgrade Avenue North Mankato, MN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: White‑box delivery provides a clean shell for tenant buildout; Under construction with a 2026 year built; Retail, office, or service‑based use supported in the source information
