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    520 S 2nd Street Mankato, MN 56001

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    For Sale
    $564,900

    Commercial - Mankato, MN

    Lot size:
    0.24 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 28 at 10:06 pm

    Property Features for 520 S 2nd Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business/Commercial
    Parking features
    Garage, Garage - Attached, Paved or Surfaced
    Exterior features
    Stucco
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    R010918106027
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5410

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1884
    Architectural style
    Other

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    Listing Contact
    Kevin Goettl
    Kevin Goettl

    Listing agent Kevin Goettl

    Listing office RE/MAX Results 15451 Founders Lane, Eden Prairie, MN

    Listing date Feb 20, 2026

    MLS# 7025043 Listing URL

    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.


    Overview

    Mankato Investment Property For Sale

    This investment property, situated in an opportunity zone, offers four income streams. The property features a main level apartment with five bedrooms and three bathrooms, as well as an upper-level apartment with four bedrooms and one bathroom. Both apartments are equipped with a washer and dryer. Off-street parking is available for tenants and guests. Additionally, there are six rented parking stalls that generate extra income, and a double garage is rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. A private 19x17 patio is located on the south side of the property. The property is located on the city bus route and is walkable to downtown amenities. It is approximately a half mile from Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage presents a possible office conversion opportunity. The lot size is 0.239 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Psychic energy Spiritual Center

    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

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.005939
    Latitude
    44.16267

    FAQs

    What type of property is this?
    Apartment building - Investment property with four income streams in Mankato, Minnesota.
    Where is this apartment building located?
    The property is located at 520 S 2nd Street Mankato, MN.
    What is the asking price?
    The asking price for this property is $564,900.
    What are key features of this property?
    This property features: Four income streams: two apartments, parking stalls, and a garage.; Located in an Opportunity Zone.; Walkable to downtown and close to Minnesota State University Mankato.
    More about this property
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