1896 Adams St Mankato, MN 56001

Property Details for 1896 Adams St

Year built

1995

Lot size

0.96 lot acres

Property size

9,918 SF

Property type

Auto shops

APN

R01.09.09.426.034

APU

R010909426034

Description

This exceptional 9,860-square-foot auto center is strategically located in Mankato, Minnesota, at 1896 Adams St., 56001, offering unparalleled visibility and accessibility. Situated on a 0.96-acre lot, this single-building property, constructed in 1996, boasts a prime location adjacent to the River Hills Mall, a major shopping destination attracting over 4.5 million visitors annually. The property's previous use as a tire, battery, and auto shop provides a well-established infrastructure, including a dedicated sales floor, a spacious mechanic shop equipped with eight garage doors, and multiple offices and additional rooms. This high-traffic location benefits from its proximity to US Highway 22 & 14, ensuring excellent exposure to a large customer base. The thriving Mankato-North Mankato MSA, encompassing Blue Earth and Nicollet counties, boasts a population of 103,566, with a broader regional draw of 287,175 people. Mankato's robust economy, fueled by agriculture, healthcare, manufacturing, retail, and higher education, including Minnesota State University, Mankato, contributes to a strong market for this type of commercial property. The city's growth rate significantly outpaces comparable cities, making this a compelling investment opportunity. The asking price for this property is $2,200,000.