1418 Riverfront Dr Mankato, MN 56001-3253
This 8,000 square foot retail property, situated on 1.44 acres of land in Blue Earth County, presents a compelling investment opportunity. Located on the highly trafficked North Riverfront Drive, the property boasts exceptional visibility and convenient access. The single-tenant building currently features a 3,200 square foot suite with an adaptable open floor plan, easily modified to accommodate diverse business needs. Ample parking is available for customers and employees. The property's flexible use designation allows for a wide range of commercial applications, making it an attractive option for businesses seeking a high-profile location with strong foot traffic. The substantial lot size offers potential for future expansion or development. This prime retail space combines high visibility, convenient access, and a flexible layout, making it an ideal location for a variety of commercial enterprises. The property's location on North Riverfront Drive ensures significant exposure to a large volume of daily traffic, maximizing the potential for business success. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The property's size and layout provide ample space for a variety of business operations, while the convenient parking ensures customer and employee convenience. The flexible use designation allows for a wide range of potential tenants, making this a strong investment opportunity.
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Sweet Sounds Electronics & Wireless Store Auto Parts Store
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.