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Storefront Retail Space with Glass Front
New
For Lease
$19 SF/Yr

950 Madison Avenue, Mankato, MN 56001

COMMERCIAL, Mankato, MN

Space Size600 SF - 1,600 SF
Days on Market1

Property Features for 950 Madison Avenue

General Information

Property type Commercial Lease
Property subtype Other
Interior features Restrooms
Accessibility Accessible Approach with Ramp
Elementary school district Mankato #77
Middle school district Mankato #77
High school district Mankato #77
Directions Use GPS
Subdivision MANKATO HILLTOP
Standard status Active
APN R010908381040

Taxes and HOA fees

Tax Year 2026
Tax Description SCHMIT SUB 01 001 00
Tax Annual Amount 14445
Legal Description SCHMIT SUB 01 001 00

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

monument signage

Building Details

Year built 1967
Roof type Flat
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Jay Sallstrom · License #40466159
Added: Oct 30 Last Checked: Oct 30 at 7:06PM
MLS# 267041907

Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 1,600-square-foot retail space at 950 Madison Avenue can be leased as a single unit or divided into two suites. The 1,000-square-foot front area has a glass facade facing Madison Avenue; a separate 600-square-foot section sits farther inside the building. The property also includes restrooms, forced-air heat, central air conditioning, an accessible approach with ramp, and monument signage. Built in 1967, the building has a flat roof.

Madison Avenue carries approximately 23,000 vehicles per day. The property is in a commercial setting with established businesses, shops, and restaurants nearby.

Key Highlights

  • 1,600 square feet, available as one unit or divided into 1,000- and 600‑square‑foot spaces
  • 1,000‑square‑foot front suite has a glass facade facing Madison Avenue
  • Approximately 23,000 vehicles pass along Madison Avenue daily

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hilltop Vacuums Plus Home Appliance Store

Suggested Use

Top Pick Law Firm Locksmith HVAC Service Veterinary Clinic Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 90% Shops & Services 9% Apparel 1%
McDonald's Dining
38,730 visits/mo 0.5 miles
Taco John's Dining
11,618 visits/mo 0.1 miles
KFC Dining
8,639 visits/mo 0.1 miles
1000 Degrees Neapolitan Pizza Dining
6,897 visits/mo 0.4 miles
Scooter's Coffee Dining
6,433 visits/mo 0.1 miles

Demographics for 56001, MN

50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Florist — 129 Woodshire Dr, Mankato, MN 56001

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible retail space offers a street-facing glass facade and can be configured for one or two occupants.
Where is this storefront property located?
The property is located at 950 Madison Avenue Mankato, MN.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 1,600 square feet, available as one unit or divided into 1,000- and 600‑square‑foot spaces; 1,000‑square‑foot front suite has a glass facade facing Madison Avenue; Approximately 23,000 vehicles pass along Madison Avenue daily
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