Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1140 South Ave North Mankato, MN 56003

    • Retail properties
    • 2,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1140 South Ave

    Year built
    1948
    Property size
    2,000 SF
    Property type
    Retail properties

    Description

    This exceptional North Mankato commercial property, located at 1140 South Ave, 56003, offers 2,000 square feet of versatile retail space within a 58,743 square foot lot. Built in 1948 and extensively renovated in 2023 with over $75,000 in improvements, this property presents a unique investment opportunity. Currently configured as a salon and esthetician space with five private offices, each equipped with full sinks, it meets all necessary codes for light medical or salon services. The existing layout is easily adaptable

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.029
    Latitude
    44.1677

    Comparable in this City

    • Value Estimation by Request
      15,434 SF

      1103 Range St

      Individual retail properties • 15,434 SF
      1103 Range St, North Mankato, MN 56003
      View Details
    • Value Estimation by Request
      3,344 SF

      521 Riverfront Dr

      Retail properties • 3,344 SF
      521 Riverfront Dr, Mankato, MN 56003
      View Details
    • Value Estimation by Request
      8,072 SF

      1740 Commerce Dr

      CONVENIENCE STORE • 8,072 SF
      1740 Commerce Dr, North Mankato, MN 56003-1803
      View Details
    • Value Estimation by Request
      28,382 SF

      1955 Howard W Dr

      VEHICLE SALES, RENTALS • 28,382 SF
      1955 Howard W Dr, North Mankato, MN 56003-1526
      View Details
    • Value Estimation by Request
      18,000 SF

      1757 Commerce Dr

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      1757 Commerce Dr, North Mankato, MN 56003-1802
      View Details
    • Value Estimation by Request
      7,742 SF

      1754 Commerce Dr

      SHOPPING CENTER, STRIP CENTER • 7,742 SF
      1754 Commerce Dr, North Mankato, MN 56003-1808
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,100 SF

      Retail Redevelopment Site in Mankato

      High-visibility retail or redevelopment site in a prime location.
      1715 Commerce Dr, North Mankato, MN 56003
      View Details
    • $795,000
      3,100 SF

      North Mankato Restaurant Opportunity

      Second-generation restaurant space with drive-through in high-traffic area.
      1745 Commerce Dr, North Mankato, MN 56003
      View Details
    • $3,375,000
      0.69 Acres

      North Mankato Mixed-Use Property

      Well-maintained commercial property with apartments and retail spaces in prime location.
      422 Belgrade Ave, North Mankato, MN 56003
      View Details
    • $3,375,000

      Mixed-Use Property in Business District

      Mixed-use property with apartments and retail in North Mankato.
      422 Belgrade Ave, North Mankato, MN 56003
      View Details
    • $119,900
      0.39 Acres

      Ravine Lot in The Reserve

      Residential lot in North Mankato with wooded views.
      1961 Lexington Ln, North Mankato, MN 56003
      View Details
    • $178,000
      1,200 SF

      Storage and Garage Condos For Sale

      Storage and garage condos ideal for personal or business use.
      3021 Evergreen Trl, Mankato, MN 56003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,895 SF

      North Kato Plaza: Office Suites Available

      Modern Mankato Office Space, Flexible Sizes
      1810 Commerce Dr, North Mankato, MN 56003
      View Details
    • $12 SF/Yr
      1,106 SF

      Retail/Office Space in North Mankato

      Retail or office space available in North Mankato location.
      1802-1838 Commerce Dr, North Mankato, MN 56003
      View Details
    • $6,295 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and customizable build-out options.
      340 Webster Ave, North Mankato, MN 56003
      View Details
    • Contact for pricing
      3,456 SF

      Prime Commercial Space for Lease

      Premier commercial project with high visibility and customizable space.
      1109-1111 Range St, North Mankato, MN 56003
      View Details
    • $6,875 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and highway access.
      340 Webster Ave, North Mankato, MN 56003
      View Details
    • $2,200,000
      3,550 SF

      Modern Retail/Office/Medical Space Available

      Convertible retail/office/medical space with modern design, available February 2026.
      235-237 Belgrade Ave, North Mankato, MN 56003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1140 South Ave
    North Mankato, MN 56003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.