424 Belgrade Ave, North Mankato, MN 56003-3809
- Commercial real estate
- 2,704 SF
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 424 Belgrade Ave
- Year built
- 2001
- Lot size
- 0.18 lot acres
- Property type
- Commercial real estate
- APN
- 18.685.0350
- APU
- 186850350
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 2, 2024 | $250,000 | Glacial River Investments LLC | Devenport Properties LLC | Warranty Deed | $175k · Pioneer Bank |
| Mar 8, 2024 | — | Devenport Properties LLC | — | Deed · related | $100k · Pioneer Bank |
| Aug 31, 2022 | — | Devenport Properties LLC | Devenport Consulting LLC | Quit Claim Deed · related | $80k · Pioneer Bank |
| Jun 18, 2018 | — | Devenport Consultin LLC | Reno Enterprises LLC | Contract Sale | — |
Description
This exceptional 2,704-square-foot commercial property in North Mankato, Nicollet County, presents a unique opportunity. Built in 2001 and renovated in 2005, this single-tenant building offers a highly visible retail/office space at the front, facing Belgrade Avenue. The retail area features built-in cabinetry, an office desk, and a separate copier/storage area. A side entrance leads to a large open warehouse or distribution space in the rear, ideal for storage or production. This area includes a 9-foot overhead door with an opener, a separate entrance, a bathroom, a mechanical room, and a commercial hood and sink from a previous manufacturing operation. The building is a single-story structure with an open floor plan, making it highly adaptable to various business needs. The property benefits from its location on a highly trafficked main thoroughfare, ensuring excellent visibility and accessibility. The lease is a NNN lease, with the tenant responsible for utilities, maintenance, repairs, snow removal, garbage disposal, and other contracted services. The asking rent is $11 per square foot. This versatile space is perfect for a variety of businesses seeking a combination of retail, office, and warehouse space.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- North Mankato
- County
- Nicollet
- State
- Minnesota
- Longitude
- -94.0126
- Latitude
- 44.1704
- CBSA code
- 31860
- CBSA name
- MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA
