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    201 Riverfront Dr Mankato, MN 56001

    Sponsored
    For Lease
    $22 SF/Yr

    Class A Office, Retail & Residential

    Lot size:
    77,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Bridge Plaza, a stunning five-story, 77,000 square-foot Class A building in downtown Mankato, MN, offers a unique blend of upscale office, retail, and residential spaces. Located at 201 N Riverfront Dr (Riverfront Drive & Plum Street), this 2020-built property boasts 13 suites across 26,000 square feet of commercial space and six luxury apartments. Currently, 6,387 square feet of office space is available, with three spaces ranging from 1,535 to 2,690 square feet. The building features a striking design incorporating low-E glass curtain walls, limestone, and a two-story atrium with a grand staircase. Amenities include 200 parking spaces, elevators, a fitness center, and a corporate training/conference room with an outdoor terrace. The 1.78-acre (77,300 sq ft) lot is zoned 4A Rental/Residential Non-Homestead 4 or More Unit, providing excellent access to Highway 169 and 14, and is within walking distance of the Verizon Wireless Civic Center, shopping, groceries, and entertainment venues. Utilities are included in the estimated CAM charges. This exceptional property presents a rare opportunity in Mankato's thriving downtown area. The building's prime location and high-quality construction make it an ideal choice for businesses seeking a prestigious and convenient address. Future plans include a ground-level restaurant with a spacious patio.

    Property Features for 201 Riverfront Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,000 SF
    Class
    A
    Total Rate
    141166.67

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,690 SF
    Rate per SF
    $22
    Space
    Suite 220
    Size
    1,535 SF
    Rate per SF
    $22
    Space
    Suite 115
    Size
    1,845 SF
    Rate per SF
    $22

    HighLights

    • Class A mixed‑use building totaling 77,000 square feet in downtown Mankato, MN.
    • 6,387 square feet of available office space in three suites ranging from 1,535 to 2,690 square feet.
    • 200 parking spaces, including covered parking, in a private lot.
    • Panoramic downtown and river views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Foundry House Interior Designer Coldwell Banker Commercial ... Commercial Real Estate Agency Rent Kōvly Studio Event Venue Widseth | Mankato Civil Engineer Kōvly Studio Marketing Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.000149294734
    Latitude
    44.168227538467

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    FAQs

    What type of property is this?
    Office space - Class A Office, Retail & Residential
    Where is this office space located?
    The property is located at 201 Riverfront Dr Mankato, MN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A mixed-use building totaling 77,000 square feet in downtown Mankato, MN.; 6,387 square feet of available office space in three suites ranging from 1,535 to 2,690 square feet.; 200 parking spaces, including covered parking, in a private lot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Riverfront Dr Mankato, MN 56001
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