2 Adams St Mankato, MN 56001
This exceptional 8,800 square foot medical office building, constructed in 2024, presents a unique investment opportunity in Wayne County. The entire space is currently vacant, offering a single tenant the chance to customize the layout to perfectly suit their needs. Situated on a 0.4-acre lot, the two-story building boasts a flexible, open floor plan ideal for a variety of medical practices or commercial uses. Large windows and skylights throughout flood the space with natural light, creating a bright and inviting atmosphere. The second-floor location offers a degree of privacy and exclusivity. Accessibility is ensured with convenient access via both stairs and an elevator, ensuring ease of access for clients and staff. The property is zoned for Commercial and Office use, providing flexibility for a range of potential tenants. This turnkey space is ready for immediate occupancy and represents a rare opportunity to establish a presence in a desirable location. The total building size is 8,800 square feet, with the entire space available for lease. This presents a significant opportunity for a business seeking a substantial and well-appointed space.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.