3021-B Evergreen Trl Mankato, MN 56001
This exceptional 25' x 50' garage condo, located at 3021-B Evergreen Trail in Mankato, Minnesota (zip code 56001), presents a unique investment opportunity. Situated in Mankato's newest garage condo development, easily accessible via Madison Avenue, just past County Road 12, this all-steel structure boasts a 16-foot ceiling height, ensuring ample storage space. The unit includes a 12' x 14' overhead door with opener and windows, providing convenient access for vehicles or equipment. A 36-inch walk door adds further accessibility. The reinforced concrete floor is equipped with a floor drain and a flammable waste trap, enhancing functionality and safety. Individual meters provide separate billing for gas, water, and electricity (100-amp service). Energy-efficient LED lighting is already installed. Buyers can customize their unit with optional features, including heating and air conditioning, a bathroom, a mezzanine or loft, in-floor heating, additional windows, an office or lounge area, and connections for internet, cable TV, and phone service. This property is a prime example of modern, functional commercial space in a desirable location. The property is classified as Special Purpose Land and is part of a new development. The asking price is $174,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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