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    OFF-MARKET
    Office Spaces

    1720 Basset Dr, Mankato, MN 56001

    3,762 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,818-square-foot executive office building, located at 1720 Basset Drive in Mankato, Minnesota, presents a unique investment opportunity. Built in 2006, this Class B property sits on a 3.762-acre lot and offers a single-tenant occupancy. Currently configured as a daycare center, the building's versatile design allows for a variety of uses, including retail or light industrial. The metal-sided structure features ample space and a fenced yard, currently equipped with playground equipment. However, the yard could easily be adapted to include overhead door access, making it ideal for distribution businesses. The property shares its lot with a hot tub/spa franchise, benefiting from a high-traffic location within Mankato's hilltop retail district. The building's total square footage is 3,762 square feet, with the entire space currently vacant and available for lease. This location in Blue Earth County, zip code 56001, offers excellent visibility and accessibility. The property's adaptable design and prime location make it an attractive option for businesses seeking a prominent presence in Mankato's thriving commercial sector.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2006
    Total area 3,762 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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