921-931 Madison Ave Mankato, MN 56001

Property Details for 921-931 Madison Ave

Year built

2015

Property size

16,036 SF

Property type

Office Properties & Spaces

Property subtype

Office space

Description

Hilltop Plaza, located at 921-931 Madison Avenue in Mankato, Minnesota, presents a compelling investment opportunity. This Class A multi-tenant property comprises two buildings totaling 16,036 square feet, constructed in 2015. The complex enjoys a highly visible location on a busy street with 30,000 vehicles per day, situated near Community Bank, Mayo Clinic Health Systems Hospital, and Mankato Clinic. 921 Madison Avenue is an 8,322 square foot brick building featuring two units. Unit #1 (2,859 sq ft) is currently leased to Aerotek and boasts a high-end build-out including in-floor heat, high ceilings, and 8-foot high doors. Unit #2 (5,463 sq ft), previously occupied by Med Express, offers a turnkey medical build-out. 931 Madison Avenue, an 8,000 square foot building, features three floors plus a lower level. The third floor houses three recently remodeled one-bedroom apartments. The second floor, recently converted to commercial space, is occupied by multiple tenants, including Landmark Real Estate, and includes nine offices, a conference room, and two restrooms. The main level offers a reception area, two restrooms, a conference room, kitchenette, and eight private offices (most with windows). The lower level includes an 800 square foot tenant space (New York Life), a conference room, two bathrooms, and storage. Ample parking is available on the south and west sides of the building, plus a 15-stall lot across the alley. The asking price for this exceptional property is $3,085,000.