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    201 Riverfront Dr Mankato, MN 56001

    For Lease
    $216 SF/Yr

    Downtown Mankato Class A Office Suite

    Lot size:
    69,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,845 square foot ground floor commercial space is ideally situated in Mankato's premier Bridge Plaza development. Located at 201 N. Riverfront Dr., Ste 115, this single-tenant suite boasts a fantastic storefront presence on a busy thoroughfare. The open floor plan is currently configured as a fitness center, featuring two bathrooms with showers and a dedicated storage area. Bridge Plaza is a five-story building encompassing 26,000 square feet of Class A commercial space and six luxury apartments. Building amenities include a corporate training/conference room with an outdoor terrace. The building's exterior showcases low-E glass curtain walls and windows, complemented by limestone from Minnesota and Alabama quarries. A grand entrance leads to a two-story atrium with a curved staircase and ample private parking. The property benefits from a highly desirable location in the heart of City Center Mankato, at the base of Veteran's Memorial Bridge and near Silo Art. Tenants enjoy easy access to Riverfront Drive, Hwy 169, and other major roadways. Nearby amenities include restaurants, bars, shops, river trails, and the regional library. Utilities are included in the estimated CAM of $10.90/sf/yr and CAF of $3/sf/yr. The total building size is 69,000 square feet. This property is perfect for a variety of commercial uses, including office, retail, or hospitality. The property is located in Mankato, MN, zip code 56001.

    Property Features for 201 Riverfront Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    69,000 SF
    Class
    A
    Total Rate
    1242000

    Unit(s) available at that property

    Space
    115
    Size
    1,845 SF
    Rate per SF
    $216

    HighLights

    • Immediately Available
    • Class A mixed‑use building
    • High visibility from Riverfront Drive
    • Strong tenant mix including a boutique hotel
    Property Profile Insight Report 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
    MN
    State
    Minnesota
    Longitude
    -94.0003212
    Latitude
    44.1685325

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    FAQs

    What type of property is this?
    Land - Downtown Mankato Class A Office Suite
    Where is this land located?
    The property is located at 201 Riverfront Dr Mankato, MN.
    What is the lease rate?
    The lease rate is $216 SF/Yr.
    What are key features of this property?
    This property features: Immediately Available; Class A mixed-use building; High visibility from Riverfront Drive
    Request Owner's contact information
    201 Riverfront Dr Mankato, MN 56001
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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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