3021-G Evergreen Trl Mankato, MN 56001
This exceptional 25' x 50' garage condo, located at 3021-G Evergreen Trail in Mankato, Minnesota (zip code 56001), presents a unique investment opportunity. Situated in Mankato's newest garage condo development, easily accessible east on Madison Avenue, just past County Road 12, this all-steel structure boasts a 16-foot ceiling height, ensuring ample storage space. The unit features a 12' x 14' overhead door complete with an opener and windows, providing convenient access. A 36-inch walk door adds further accessibility. The reinforced concrete floor includes a floor drain and flammable waste trap for added safety and practicality. Individual meters provide separate billing for gas, water, and electricity (100-amp service). Energy-efficient LED lighting is already installed. Potential buyers can customize their unit with a range of optional features, including heating and air conditioning, a bathroom, a mezzanine or loft for additional storage or living space, in-floor heating, extra 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, ideal for various uses. The asking price is $174,900. Blue Earth County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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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