Listing Agency: KW Commercial Midwest

Listed By: James Halbur · License #40144147 Show Phone

Source: Crexi

Added: Apr 25, 2024 Changed: Aug 24 Last Checked: Sep 7 at 9:28AM

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Investment Insights

Based on property information with market context.

This property is a highly visible lot. While it is on the smaller side, there is potential to add approximately 10,000 square feet. The property offers direct access and alley access. It is located at the corner of Madison Avenue and Riverfront, with a traffic volume of 28,000 vehicles per day. The property also offers redevelopment potential and billboard income.

Key Highlights

• Premier Location at the corner of Madison Ave and Riverfront
• High Visibility: One of the most visible lots in town
• High Traffic Volume: 28,000 Vehicles Per Day (VPD)

Property Analytics

Property Profile

Current Use

Gerring's Auto Detailing Car Wash

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Auto Parts Store Storage Facility Barber Shop Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,192

Businesses Nearby

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Highly visible lot with redevelopment and billboard income potential.

Where is this commercial land located?

The property is located at 821 N Riverfront Dr Mankato, MN.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Premier Location at the corner of Madison Ave and Riverfront; High Visibility: **One of the most visible lots in town**; High Traffic Volume: **28,000 Vehicles Per Day (VPD)**