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    2 Adams St Mankato, MN 56001

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    For Sale
    Contact for pricing

    8,800 SF Medical Office, Wayne County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,800 square foot medical office building, constructed in 2024, presents a unique investment opportunity in Wayne County. The entire space is currently vacant, offering a single tenant the chance to customize the layout to perfectly suit their needs. Situated on a 0.4-acre lot, the two-story building boasts a flexible, open floor plan ideal for a variety of medical practices or commercial uses. Large windows and skylights throughout flood the space with natural light, creating a bright and inviting atmosphere. The second-floor location offers a degree of privacy and exclusivity. Accessibility is ensured with convenient access via both stairs and an elevator, ensuring ease of access for clients and staff. The property is zoned for Commercial and Office use, providing flexibility for a range of potential tenants. This turnkey space is ready for immediate occupancy and represents a rare opportunity to establish a presence in a desirable location. The total building size is 8,800 square feet, with the entire space available for lease. This presents a significant opportunity for a business seeking a substantial and well-appointed space.

    Property Features for 2 Adams St

    General Information

    Property type
    Land
    Lot Size
    737,471 SF

    HighLights

    • 8,800 SF medical office building in Wayne County.
    • Single‑tenant, fully vacant building.
    • Located on a 0.4‑acre lot.
    • Brand new construction (2024).
    • Two‑story building with commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply 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
    -93.929741972367
    Latitude
    44.167087112917

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    FAQs

    What type of property is this?
    Land - 8,800 SF Medical Office, Wayne County
    Where is this land located?
    The property is located at 2 Adams St Mankato, MN.
    What are key features of this property?
    This property features: 8,800 SF medical office building in Wayne County.; Single-tenant, fully vacant building.; Located on a 0.4-acre lot.
    Request Owner's contact information
    2 Adams St 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
    2 Adams St Mankato, MN 56001
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