1160 Victory Dr, Mankato, MN 56001-5324
This exceptional 11,930 square foot office building in Mankato, Minnesota, presents a unique investment opportunity. Situated on 1.5 acres of land at 1160 S Victory Dr, 56001, this property boasts 65 parking spaces and is zoned (T) Transitional. Built in 1994, the building currently features multiple tenants, with two suites immediately available. Suite 1 offers 1,152 square feet, including a reception area, four private offices, and a copy room. This space is perfect for a smaller business seeking a professional and efficient layout. Suite 2, a substantial 6,193 square feet, is currently occupied by the USDA and offers an open floor plan adaptable to various configurations, including several private offices. Both suites share access to a well-appointed conference room and ADA-compliant restrooms. The building's convenient location and ample parking make it an attractive option for businesses of all sizes. This is a rare opportunity to acquire a well-maintained office building in a thriving Mankato location. The property offers significant potential for growth and return on investment. Don't miss this chance to secure your future in this desirable market.
-
USDA Farm Services Agency Sustainability Organization
-
Blue Earth County Soil & Water County Government Office
-
HUB International Insurance Agency
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.