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

    424 N Riverfront Dr Mankato, MN 56001


    • Office buildings
    • 26,318 SF
    • 1.45 lot acres
    Renovated Office Space in Downtown For Lease
    $1,075,000

    Renovated Office Space in Downtown

    Modern office spaces for lease in a renovated downtown building.

    424 N Riverfront Dr, Mankato, MN 56001
    View Listing
    Property ID
    US46-1914057
    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
    $1,075,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jason Bonnema - Thrivent / Financial Advisor
    • Ridley Feed Operations / Industrial Manufacturer / Production Facility
    • Rite-Factor / Pet Store & Service
    • Cubic 3D LLC / Industrial Manufacturer / Production Facility
    • Mogwai Collaborative / Coworking & Hybrid Office

    Property Details for 424 N Riverfront Dr

    Year built
    1967
    Lot size
    1.45 lot acres
    Property size
    26,318 SF
    Property type
    Office buildings
    APN
    R01.09.07.376.013
    APU
    R010907376013

    Description

    The Hubbard Building offers 30,000 square feet of Class B office space in downtown Mankato, Minnesota. This renovated building features a mix of traditional and creative office spaces, available in sizes ranging from 70 to 3,500 contiguous square feet, with a total of 26 suites. Currently, 10,741 square feet are vacant, offering multiple tenancy opportunities. Amenities include a state-of-the-art conference room, ample parking (140 spaces), and proximity to a Food Truck Hub. The building boasts modern design common areas, a hydroponic plant wall, and solar panel energy. Its location on Riverfront Drive in Old Town Mankato provides high visibility with 20,000 vehicles passing daily. Situated less than two miles from Highway 14, the property is in the heart of Mankato's central business district, near various dining, hospitality, and retail options. The building also benefits from a partnership with Minnesota State University, Mankato, fostering a vibrant and innovative atmosphere. This property is ideal for businesses seeking a modern, well-located office space in a thriving downtown environment. The building is located at 424 N Riverfront Dr, Mankato, MN 56001, in Blue Earth County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $650,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $994,000
      Market price range: $994k - $3.85M

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


    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9999
    Latitude
    44.171
    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
    $32,558
    $287,100
    $982,100
    $1,269,200
    -
    $287,100
    $982,100
    $1,269,200
    View Listing
    More about this property
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