1119 Center St North Mankato, MN 56003
Property profile & analytics
1119 Center St North Mankato, MN 56003
- Industrial properties
- 23,890 SF
- 1.86 lot acres
Property ID
US46-2232684
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 1119 Center St
- Year built
- 1976
- Lot size
- 1.86 lot acres
- Property size
- 23,890 SF
- Property type
- Industrial properties
- APN
- 18.557.2870
- APU
- 185572870
Description
This exceptional 23,890-square-foot industrial property, located at 1119 Center St in North Mankato, Minnesota, presents a unique owner-user opportunity. The building, comprised of a warehouse and manufacturing space, features a general brewing area, bar, and office space, all situated on a 1.86-acre lot. Built in phases (1976 & 2000), the single-story structure boasts high ceilings ideal for manufacturing operations, two dock-high doors for efficient loading and unloading, and ample parking for 30 vehicles. The property is zoned for commercial use and benefits from a prime location in North Mankato, offering convenient access to major highways. Modernized facilities include updated electrical and HVAC systems, ensuring optimal functionality. A significant advantage is the inclusion of a cellular tower lease, generating supplemental income. The well-maintained exterior and robust building security/surveillance systems further enhance the property's value. This versatile floor plan offers significant potential for a variety of industrial and manufacturing uses. The asking price is $3,950,000, translating to $165 per square foot. Don't miss this chance to acquire a profitable and well-equipped industrial asset in a thriving Minnesota market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $600,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $532,000
Market price range: $345k - $1.38M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $740,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Mankato
- County
- Nicollet
- State
- Minnesota
- Longitude
- -94.0144
- Latitude
- 44.1824
- CBSA code
- 31860
- CBSA name
- MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,328
$241,900
$703,500
$945,400
-
$241,900
$703,500
$945,400
