530 W Pleasant St, Mankato, MN 56001
For Lease
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This 6,490 square foot Class B office building, situated on a prominent corner lot in West Mankato at 530 W Pleasant St (APN R01.08.13.403.001), offers a unique leasing opportunity. The property boasts a highly visible location at the intersection of Stoltzman Road and Pleasant Street, providing excellent access to downtown retail, schools, parks, and residential areas. Built in 1956 and recently renovated in 2016, this brick-over-block structure is exceptionally durable. The 0.81-acre lot provides ample parking and attractive landscaped green spaces. The interior features a blend of private offices and conference rooms, updated bathrooms, and modern kitchenettes in the main conference rooms and employee break room. Currently, 1,300 square feet of space is available for lease on the main level. A neighboring tenant occupies 3,530 square feet under lease until 2026. This versatile space is ideal for businesses seeking to downsize or expand, offering a blend of traditional, creative, and coworking potential. The property is suitable for various commercial and medical office uses. The building consists of a single suite with multiple tenancies. Don't miss this chance to secure a prime location in a thriving Mankato neighborhood.
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Connect Real Estate Group Real Estate Agency
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Connect Property Management Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.