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

    1896 Adams St Mankato, MN 56001

    Sponsored
    For Sale
    $2,200,000

    High-traffic auto center, prime location.

    Property size:
    9,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,860-square-foot auto center is strategically located in Mankato, Minnesota, at 1896 Adams St., 56001, offering unparalleled visibility and accessibility. Situated on a 0.96-acre lot, this single-building property, constructed in 1996, boasts a prime location adjacent to the River Hills Mall, a major shopping destination attracting over 4.5 million visitors annually. The property's previous use as a tire, battery, and auto shop provides a well-established infrastructure, including a dedicated sales floor, a spacious mechanic shop equipped with eight garage doors, and multiple offices and additional rooms. This high-traffic location benefits from its proximity to US Highway 22 & 14, ensuring excellent exposure to a large customer base. The thriving Mankato-North Mankato MSA, encompassing Blue Earth and Nicollet counties, boasts a population of 103,566, with a broader regional draw of 287,175 people. Mankato's robust economy, fueled by agriculture, healthcare, manufacturing, retail, and higher education, including Minnesota State University, Mankato, contributes to a strong market for this type of commercial property. The city's growth rate significantly outpaces comparable cities, making this a compelling investment opportunity. The asking price for this property is $2,200,000.

    Property Features for 1896 Adams St

    General Information

    Property type
    Specialty properties
    Square Feet
    9,860 SF
    Lot Size
    41,818 SF

    Building Details

    Year Built
    1996
    Buildings
    1

    HighLights

    • 9,860 SF auto center on a 0.96‑acre lot.
    • Located at 1896 Adams St, Mankato, MN 56001, adjacent to River Hills Mall.
    • Previously used as a tire, battery, and auto shop with sales floor, eight‑bay mechanic shop, and offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    MN
    State
    Minnesota
    Longitude
    -93.9496287
    Latitude
    44.1731808

    Nearby Similar for Sale

    • $599,000
      0.59 Acres

      Mankato Office Space with Lake Views

      Well-appointed office space with stunning Lake Dorothy views for sale.
      75 Teton Ln, Mankato, MN 56001
      View Details
    • $217,700
      2,178 SF

      Mankato Multi-Family Rental Property

      Five-bedroom, two-bath home with rental license, leased through 2026.
      610 E Vine St, Mankato, MN 56001
      View Details
    • $599,000
      Pending

      Freestanding Commercial Building with Drive-Thru

      Former Hardee’s with drive-thru, ideal for restaurant or retail.
      101 W Lind Ct, Mankato, MN 56001
      View Details
    • $589,000
      3,256 SF

      New Construction Duplex Investment Opportunity

      New construction duplex in Mankato, ideal for investment portfolio.
      3200 Noble Dr, Mankato, MN 56001
      View Details
    • $639,900
      2,552 SF

      Siesta Hills Townhome

      Two-bedroom townhome in Siesta Hills community with luxury amenities.
      1046 Saba Blvd, Mankato, MN 56001
      View Details
    • $639,900
      2,552 SF

      Siesta Hills Townhome

      Two-bedroom townhome in Siesta Hills community with luxury amenities.
      1048 Saba Blvd, Mankato, MN 56001
      View Details
    • $639,900
      2,552 SF

      Siesta Hills Townhome

      Two-bedroom townhome in Siesta Hills community with luxury amenities.
      1042 Saba Blvd, Mankato, MN 56001
      View Details
    • $639,900
      2,552 SF

      Siesta Hills Townhome

      Two-bedroom townhome in Siesta Hills community with luxury amenities.
      1040 Saba Blvd, Mankato, MN 56001
      View Details
    • $189,000
      1,292 SF

      Mankato Single-Level Home on Corner

      Move-in ready home on corner lot, ideal for investment.
      210 S Bird St, Mankato, MN 56001
      View Details
    • $589,000
      3,256 SF

      New Construction Duplex in Mankato

      New construction duplex, great investment, convenient location in Mankato, MN.
      3204 Noble Dr, Mankato, MN 56001
      View Details
    • Contact for pricing
      6.22 Acres

      Mankato Retail Opportunities For Sale

      Prime retail spaces available in high-traffic Mankato location.
      201 N Victory Dr, Mankato, MN 56001
      View Details
    • $650,000
      0.24 Acres

      Mankato Commercial Space For Sale

      8208 SF commercial space in Mankato's Contractors Park.
      1072 S Victory Dr, Mankato, MN 56001
      View Details

    FAQs

    What type of property is this?
    Specialty property - High-traffic auto center, prime location.
    Where is this specialty property located?
    The property is located at 1896 Adams St Mankato, MN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 9,860 SF auto center on a 0.96-acre lot.; Located at 1896 Adams St, Mankato, MN 56001, adjacent to River Hills Mall.; Previously used as a tire, battery, and auto shop with sales floor, eight-bay mechanic shop, and offices.
    (507) 469-0545
    Request Owner's contact information
    1896 Adams 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.
    1896 Adams 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
    1896 Adams 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.