Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    124 Walnut St Mankato, MN 56001

    Sponsored
    For Lease
    $8 SF/Yr

    Prestigious Mankato Office Space Available

    Lot size:
    33,301 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Landkamer Building, a stunning Class A office property located at 124 E Walnut St, Mankato, MN 56001, offers 33,301 square feet of prime office space in Mankato's vibrant downtown commercial district. Built in 1936 and completely renovated in 2005, this building showcases a magnificent art deco style, highlighted by a lobby featuring a water feature and custom light fixture. Currently, there are multiple tenancies available, ranging from a minimum of 220 square feet to a maximum contiguous space of 2,558 square feet, with a total of 5,988 square feet currently vacant. The property sits on a 0.25-acre lot and is zoned CBD-C. Tenants benefit from free covered parking and a separate guest parking lot. The building's central location provides easy access to numerous amenities, including the Mayo Clinic Health System Event Center, various hotels, the City Art Walk Sculpture Tour, Vetter Stone Amphitheatre, and a wealth of restaurants, cafes, shops, and nightlife options within walking distance. Landlord incentives may be offered based on lease terms. This exceptional property presents a unique opportunity for businesses seeking a prestigious and convenient location in the heart of Mankato.

    Property Features for 124 Walnut St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,301 SF
    Class
    A
    Total Rate
    22200.67

    Building Details

    Year Built/Renovated
    1936/2005

    Unit(s) available at that property

    Space
    Suite 340
    Size
    2,355 SF
    Rate per SF
    $13
    Space
    Suite 60
    Size
    529 SF
    Rate per SF
    $8
    Space
    Suite 215
    Size
    1,766 SF
    Rate per SF
    $13
    Space
    Suite 40
    Size
    979 SF
    Rate per SF
    $13
    Space
    Suite 120
    Size
    2,500 SF
    Rate per SF
    $15
    Space
    Suite 310
    Size
    1,050 SF

    HighLights

    • High‑profile corner location in downtown Mankato's central business district.
    • Direct adjacency to the Verizon Civic Center.
    • Impressive, recently updated grand lobby featuring a water feature.
    • Utilities included in the common area maintenance (CAM) charges.
    Property Profile Location Intelligence

    Current Use by Public Records

    Accra Home Care ... Home Health Care Service The Sherwin Group Financial Planner Guide Wealth Partners Financial Institution Envision Massage Works Massage Therapist Boulay Tax Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.0024344
    Latitude
    44.1662002

    Nearby Similar for Lease

    • $15 SF/Yr

      Remodeled Commercial Spaces on Riverfront

      High-visibility commercial spaces for rent in Mankato, Minnesota.
      1215 N Riverfront Dr, Mankato, MN 56001
      View Details
    • $3,135 /Mo

      Professional Office Space Available

      Well-maintained Mankato office space with flexible floorplan options.
      44 Good Counsel Dr, Mankato, MN 56001
      View Details
    • $8 SF/Yr

      Prime Retail Space in Mankato

      Located in downtown Mankato with high traffic and accessibility.
      615 S Front St, Mankato, MN 56001
      View Details
    • $818 /Mo
      3,923 SF

      Emy Frentz Building Office Suite

      Single office suite for nonprofit tenants in downtown Mankato.
      523 S 2Nd St, Mankato, MN 56001
      View Details
    • $995,000
      4,818 SF

      Turnkey Childcare Facility in Mankato

      Ready-to-operate daycare facility in Mankato's Hilltop district.
      1720 Basset Dr, Mankato, MN
      View Details
    • $15 SF/Yr
      115,875 SF

      Repurposed Entertainment and Restaurant Hub

      Family entertainment and restaurant hub with diverse leasing options.
      1850 Madison Ave, Mankato, MN 56001
      View Details
    • $9 SF/Yr
      75,813 SF

      Flexible Office Space Available

      Office suites available in professionally managed business development center.
      1961 Premier Dr, Mankato, MN 56001
      View Details
    • Contact for pricing
      5,852 SF

      QSR/Cafe End Cap Retail

      Prime retail opportunity with maximum exposure and accessibility.
      511 Holly Ln, Mankato, MN 56001
      View Details
    • $10 SF/Yr
      331,604 SF

      Madison East Center Retail Space

      Repurposed retail property with medical-retail focus, office and retail spaces.
      1400 Madison Ave, Mankato, MN 56001
      View Details
    • $15 SF/Yr
      4,000 SF

      Office Suite in Westwood Business Park

      Office suite with build-to-suit option in Mankato's Westwood Business Park.
      151 Saint Andrews Ct, Mankato, MN 56001
      View Details
    • Contact for pricing
      309,507 SF

      Mankato Industrial Space For Lease

      Industrial space with tall ceilings, multiple doors, and loading docks.
      2415 3Rd Ave, Mankato, MN 56001
      View Details
    • $220 SF/Yr
      3,300 SF

      Mankato Office Space for Nonprofits

      Office space in Mankato for nonprofit tenants only.
      212 E Walnut St, Mankato, MN 56001
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Mankato Office Space Available
    Where is this office property / space located?
    The property is located at 124 Walnut St Mankato, MN.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: High-profile corner location in downtown Mankato's central business district.; Direct adjacency to the Verizon Civic Center.; Impressive, recently updated grand lobby featuring a water feature.
    Request Owner's contact information
    124 Walnut St Mankato, MN 56001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    124 Walnut St
    Mankato, MN 56001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    124 Walnut St Mankato, MN 56001
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.