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500 S Broad St Mankato, MN 56001

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Three-tenant office building in downtown Mankato with recent updates.

Property size:
2,345 SF
Lot size:
0.11 Acres

Property Features for 500 S Broad St

General Information

Standard status
Active
Size
2,345 SF
Lot size
0.11 Acres

Building Details

Year built
1973

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Listing Contact
Rosie Brunmeier
Source: Crexi

Listing Agency: Coldwell Banker Commercial Fisher Group Listing Agent: Rosie Brunmeier

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Updated Office Building in Mankato

Located at the corner of South Broad Street and Cherry Street in downtown Mankato, the property is situated in a well-established commercial district, surrounded by professional offices, financial institutions, retail businesses, churches, and nearby residential neighborhoods. The location offers strong visibility and convenient access within Mankato’s central business area. The property at 500 South Broad Street is a three-tenant office and service building totaling 2,345 square feet and is currently fully leased. Constructed in 1973 and renovated in 2022, the property provides stable occupancy and recent building updates, including a new furnace and air conditioning system installed in 2022, and a metal roof installed in 2014. The building is suitable for investors seeking an income-producing asset or a future owner-occupant opportunity. The property benefits from a long-term parking arrangement through a City of Mankato approved leasehold agreement on the adjacent parcel, allowing the owner to retain parking privileges while avoiding the cost of ownership for the additional parcels.
Location Intelligence

Current Use by Public Records

Anderson Family Chiropractic Alternative Medicine Practice Bryce D. Anderson, ... Alternative Medicine Practice Renewal Laser Clinic ... Tattoo & Piercing Shop Southern Minnesota Painting ... Painting Service The Legal Professionals Title Company

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Mankato
County
Nicollet
State
Minnesota
Longitude
-93.996355
Latitude
44.170703

FAQs

What type of property is this?
Office building - Three-tenant office building in downtown Mankato with recent updates.
Where is this office building located?
The property is located at 500 S Broad St Mankato, MN.
What are key features of this property?
This property features: - Fully leased, income-producing property.; - **Prime downtown Mankato location** with high visibility and convenient access.; - Recent renovations including new furnace and air conditioning (2022).
More about this property
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