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    201 N Riverfront Dr Mankato, MN 56001
    Property profile & analytics

    201 N Riverfront Dr Mankato, MN 56001


    • Office buildings
    • 58,677 SF
    • 1.78 lot acres
    Class A Mixed-Use Space For Lease
    $6,000,000
    1,852 SF

    Class A Mixed-Use Space

    Class A mixed-use space with downtown parking and panoramic views.

    201 N Riverfront Dr, Mankato, MN 56001
    View Listing
    Property ID
    US46-1019454
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Foundry House / Interior Design / Home Decor Store
    • Coldwell Banker Commercial Fisher Group / Real Estate Agency
    • Rent Kōvly Studio / Hotel & Motel / Resort
    • Widseth | Mankato / Electrical Engineer / Environmental Engineer
    • Kōvly Studio / Advertising Agency / Marketing & Advertising

    Property Details for 201 N Riverfront Dr

    Year built
    2019
    Lot size
    1.78 lot acres
    Property size
    58,677 SF
    Property type
    Office buildings
    APN
    R01.09.07.379.010
    APU
    R010907379010

    Description

    Bridge Plaza, a stunning five-story, 77,000 square-foot Class A building in downtown Mankato, MN, offers a unique blend of upscale office, retail, and residential spaces. Located at 201 N Riverfront Dr (Riverfront Drive & Plum Street), this 2020-built property boasts 13 suites across 26,000 square feet of commercial space and six luxury apartments. Currently, 6,387 square feet of office space is available, with three spaces ranging from 1,535 to 2,690 square feet. The building features a striking design incorporating low-E glass curtain walls, limestone, and a two-story atrium with a grand staircase. Amenities include 200 parking spaces, elevators, a fitness center, and a corporate training/conference room with an outdoor terrace. The 1.78-acre (77,300 sq ft) lot is zoned 4A Rental/Residential Non-Homestead 4 or More Unit, providing excellent access to Highway 169 and 14, and is within walking distance of the Verizon Wireless Civic Center, shopping, groceries, and entertainment venues. Utilities are included in the estimated CAM charges. This exceptional property presents a rare opportunity in Mankato's thriving downtown area. The building's prime location and high-quality construction make it an ideal choice for businesses seeking a prestigious and convenient address. Future plans include a ground-level restaurant with a spacious patio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,386,000
      Market price range: $3.54M - $12.7M
      AI Estimate
      $5,171,000
      Market price range: $2.22M - $8.59M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $7,500,000
      Current use
      RETAIL STORES
      $6,350,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.0007
    Latitude
    44.1686
    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
    2024
    $150,104
    $502,500
    $7,513,600
    $8,016,100
    -
    $502,500
    $7,513,600
    $8,016,100
    View Listing
    More about this property
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