1640 Madison Ave Mankato, MN 56001-5444

Property Details for 1640 Madison Ave

Year built

1972

Lot size

0.76 lot acres

Property size

6,000 SF

Property type

Retail space

APN

R01.09.09.379.009

APU

R010909379009

Description

This exceptional Mankato retail property, located at 1640 Madison Avenue, presents a rare opportunity for business owners. Boasting 6,000 square feet of space, this turnkey building is ready for immediate occupancy. The well-designed layout includes a 4,400 square foot showroom with ample natural light and eight dressing rooms, perfect for showcasing merchandise. An additional 2,400 square feet of space in the rear is ideal for storage and alterations. Employee amenities include a full kitchenette and updated bathroom, along with a private office. A glass storefront ensures excellent visibility and convenient customer access. The property also features over 60 parking stalls with direct access from Madison Avenue, ensuring ample parking for customers and employees. A significant advantage is the inclusion of a 0.78-acre lot (7,500 square feet) to the north, offering considerable future development potential. This prime location within Mankato's bustling Hilltop district provides high visibility and traffic counts on Madison Avenue, with convenient access from Tullmore Street, Victory Drive, and Highway 22. The property's proximity to the River Hills Mall further enhances its desirability. The asking price for this exceptional retail property is $1,550,000. This is a truly unique opportunity to acquire a high-quality, well-maintained retail space in a thriving Mankato location.

Location Insight

City

Mankato

County

Blue Earth

State

Minnesota

Longitude

-93.9626

Latitude

44.1675

CBSA code

31860

CBSA name

MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments