Property profile

615 Front St Mankato, MN 56001

OFF-MARKET
Retail properties & Spaces
10,130 SF 0.24 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 615 S Front St, Mankato, MN 56001, in the heart of the city's vibrant downtown district. The property, known as Union Market, boasts a total of 10,130 square feet, with 5,093 square feet currently vacant. The available space ranges from 1,693 to 3,400 contiguous square feet, perfect for a variety of retail uses. The building, constructed in 1925, is a single-story structure situated on a 0.24-acre lot and zoned CBD-F. Its prime location near the intersection of Front and Warren Streets ensures high visibility and accessibility, benefiting from significant pedestrian and vehicular traffic. The property's proximity to Riverfront Drive and Highway 169 provides excellent connectivity for both customers and suppliers. An additional 1,700 square feet of space behind the main retail area offers versatile options for storage, office space, group gatherings, or showroom displays. This space presents a unique opportunity to establish or expand a business within a thriving downtown Mankato market experiencing significant growth. The property's Blue Earth County location (APN: R010918152004) offers a stable and attractive business environment. This is an excellent chance to capitalize on the energy and potential of Mankato's dynamic retail sector.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1925
Total area 10,130 SF
Lot 0.24 ac (10,454 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center

Location

615 Front St Mankato, MN 56001
Mankato metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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