Search
Mankato Office Suite for Nonprofits
For Lease
$764/Mo

523 S 2nd St, Mankato, MN 56001

Single office suite in a collaborative, mission-driven environment.

Space SizeContact for details
Days on Market166

Property Features for 523 S 2nd St

General Information

Standard status Active
Property subtype Single Private Office

Building Details

Year Built 1940
Listing Agency: NAI North Star
Listed By: Cate DeBates · License #MN #40913079
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 19 at 6:23AM

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 NAI North Star

Investment Insights

Based on property information with market context.

Located in the historic Emy Frentz Building at 523 South 2nd Street in downtown Mankato, this single office suite is ideal for nonprofits seeking a professional environment. Managed in partnership with the Mankato Area Foundation, the property fosters collaboration, innovation, and shared impact. Tenants benefit from networking opportunities, shared resources, and a supportive culture of community engagement. The location provides convenient walkability to City Center Mankato, municipal services, and public transit. Tenants enjoy access to shared amenities, including a common kitchenette/breakroom, conference and meeting rooms, and additional collaborative workspaces at the nearby Shared Spaces offices. The property is set within a collaborative environment known for housing mission-driven tenants, fostering connectivity and shared purpose among nonprofits and creative enterprises. This location is ideal for organizations seeking a visible, affordable footprint in the heart of Mankato’s nonprofit and cultural corridor. The intended use of the property is for nonprofit tenants. A 12-month lease is preferred. The property is available for CAM only, with no base rent costs.

Key Highlights

  • CAM Only - No Base Rent Costs
  • Mission‑Driven Collaboration and Networking Opportunities
  • Access to Shared Amenities (kitchenette/breakroom, conference/meeting rooms, collaborative workspaces)

Property Analytics

Current Use

Awaken Reiki & Soul ... Alternative Medicine Practice Mankato Symphony Orchestra Charitable Organization Shared Spaces at Emy ... Charitable Organization Robert Whitlock Dickinson ... Artist Emy Frentz Art ... Theater & Performing Art Venue

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Electrical Service Skin Care Clinic Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

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

Lease Benchmarks for Mankato, MN

$9.5 /SF/Yr
Avg Asking Price
$6–$17 /SF/Yr
Price Range
4,781 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Single office suite in a collaborative, mission-driven environment.
Where is this office units located?
The property is located at 523 S 2nd St Mankato, MN.
What is the lease rate?
The lease rate is $764/Mo.
What are key features of this property?
This property features: CAM Only - **No Base Rent Costs**; Mission‑Driven Collaboration and **Networking Opportunities**; Access to Shared Amenities (kitchenette/breakroom, conference/meeting rooms, collaborative workspaces)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message