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    Property profile & analytics
    OFF-MARKET Estimated value $1,105,000
    Strip malls

    320 Stadium Rd, Mankato, MN 56001-5165

    6,556 SF 0.95 ac lot Built 2004
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US46-1877386
    Property summary
    AI-generated overview

    This exceptional commercial property at 320 Stadium Road, Mankato, MN 56001, offers a versatile 1,275 square foot retail or office space within a larger 6,556 square foot building situated on a 42,156 square foot lot in Blue Earth County. The single-tenant space boasts high visibility and convenient access, ideally located near Minnesota State University, Mankato (MNSU). Its strategic placement ensures exposure to a substantial customer base encompassing students, faculty, staff, and the local community. The property's current configuration includes multiple private offices, a private in-suite bathroom, a reception area, and a front desk, providing a functional and adaptable layout. This prime location shares the building with established businesses like Pioneer Bank and a laundromat, further enhancing its appeal and accessibility. The property's size and location make it an excellent opportunity for a variety of businesses seeking a high-traffic, easily accessible location in a thriving Mankato neighborhood. The property is classified as Retail and Land, offering significant potential for various commercial uses. This is a rare opportunity to acquire a well-positioned commercial space in a desirable Mankato location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2004
    Total area 6,556 SF
    Lot 0.95 ac (41,382 SF)
    APN R01.09.20.153.011
    UPID US46-1877386
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RiverRidge Chiropractic Alternative Medicine Practice
    • Anthony J. Moldan, DC Alternative Medicine Practice
    • Pioneer Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.09M
    CAP Approach CAP
    $1.33M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    Ronya Salaymeh · 2 yrs held
    Ronya Salaymeh
    since 2024
    Last sale
    $1.1M
    4 recorded transactions
    2024
    $1.3M
    2023
    $1.1M
    2023
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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