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Property profile & analytics

515 Riverfront Dr Mankato, MN 56001-3471

  • Office buildings
  • 14,962 SF
  • 0.44 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US46-0429992
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.

Current Use by Public Records

  • Wooden Spoon / Lunch Restaurant / Bakery
  • Mankato Career Solutions / Recruiter / Resume Service
  • Bagutti Beauty / Beauty Supply Store
  • City Center Ramp / Parking Garage
  • Frost Plaza - Frost Enterprises / Property Management Company

Property Details for 515 Riverfront Dr

Year built
1922
Lot size
0.44 lot acres
Property size
14,962 SF
Property type
Office buildings
APN
R01.09.07.406.027
APU
R010907406027

Description

This exceptional 672-square-foot creative office space is ideally situated on the ground floor of Frost Plaza in the vibrant Old Town Mankato, directly on Riverfront Drive. Perfect for a studio or small office, this single-tenant space offers a flexible layout featuring a large open area, a private office, and the potential to create two additional rooms. The unit includes a convenient en-suite breakroom equipped with a sink, refrigerator, and ample storage. Handicap-accessible restrooms are conveniently located just down the hall. The monthly rent is $1200, encompassing a gross lease structure that includes utilities and parking, making budgeting simple and predictable. This prime location offers unparalleled access to the energy and amenities of Old Town Mankato, providing a dynamic and inspiring work environment. The space's versatility makes it suitable for a variety of businesses seeking a well-appointed and conveniently located office in a thriving community. Don't miss this opportunity to secure this exceptional space in a highly desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Mankato
County
Blue Earth
State
Minnesota
Longitude
-93.9983
Latitude
44.1714
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
$17,756
$124,800
$968,000
$1,092,800
-
$124,800
$968,000
$1,092,800
More about this property
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