1043 Southbend Ave Mankato, MN 56001-5957
This exceptional commercial property, situated in South Bend Township near Mankato, MN, presents a unique investment opportunity. Boasting high visibility and accessibility on Highway 169 South, with approximately 20,000 vehicles passing daily, this property features two buildings totaling 14,000 square feet. Building 1, constructed in 1956, offers 9,000 square feet of space, including a 10' x 10' overhead door, 11' ceilings, an office area with showroom/reception space, two bathrooms, and a large warehouse/stockroom seamlessly connecting to a rear warehouse. Building 2, a 5,000 square foot metal pole shed built in 1983, provides two 12' overhead doors, 16' sidewalls, and a loading dock, ideal for storage, deliveries, or production. The property includes over 30 parking spaces and features a recently installed roof. This versatile space is perfect for businesses requiring storage, warehousing, or manufacturing capabilities, offering significant potential for growth and profitability in a high-traffic location. The combination of ample space, convenient access, and high visibility makes this an attractive option for expansion, relocation, or investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
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.