Landmark Office Building with
For Sale
Contact for pricing
418 S 2nd St, Mankato, MN 56001
Landmark downtown building with multiple office, production, and storage areas, plus a 14,847 sf basement.
Property Size39,088 SF
Price / SF$30.70
Days on Market17
Property Features for 418 S 2nd St
General Information
Standard status
Active
Size
39,088 SF
Property subtype
INDUSTRIAL
Listing Agency:
KW Commercial Midwest - Eagan
(507) 317-2353
Listed By:
James Halbur · License #40144147
(507) 317-2353
Source:
Moodyscre
Added: Jul 15
Changed: Jul 26
Last Checked: Jul 31 at 9:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Midwest - Eagan
Investment Insights
Based on property information with market context.
This landmark commercial building was formerly home to The Free Press and offers a flexible internal layout with multiple office, production, and storage areas. The property also includes a 14,847 sf basement, providing additional space for continued operations or redevelopment planning.
Located at 418 S 2nd St in Mankato, the building benefits from a downtown setting and strong street presence for visibility. The surrounding area includes restaurants, retail, government offices, and entertainment options.
The building is presented as having strong structural construction and redevelopment potential, with suitability noted for office use, mixed-use redevelopment, coworking, educational space, medical offices, and residential conversion subject to zoning, along with other commercial ventures.
Located at 418 S 2nd St in Mankato, the building benefits from a downtown setting and strong street presence for visibility. The surrounding area includes restaurants, retail, government offices, and entertainment options.
The building is presented as having strong structural construction and redevelopment potential, with suitability noted for office use, mixed-use redevelopment, coworking, educational space, medical offices, and residential conversion subject to zoning, along with other commercial ventures.
Key Highlights
- Includes 14,847 sf basement space
- Landmark downtown Mankato commercial building, formerly home to The Free Press
- Multiple office, production, and storage areas
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,716
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- J D Truffles Catering — 1429 3rd Ave, Mankato, MN 56001
- Pioneer College Caterers Inc — 700 Luther Dr, Mankato, MN 56001
- Najwa's Catering — 1 Civic Center Plaza, Mankato, MN 56001
- Hy-Vee Catering — 410 S Riverfront Dr, Mankato, MN 56001
Frequently Asked Questions
What type of property is this?
Flex space - Landmark downtown building with multiple office, production, and storage areas, plus a 14,847 sf basement.
Where is this flex space located?
The property is located at 418 S 2nd St Mankato, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Includes 14,847 sf basement space; Landmark downtown Mankato commercial building, formerly home to The Free Press; Multiple office, production, and storage areas
