551 Belle Ave, Mankato, MN 56001-4762
This exceptional retail opportunity is located at 551 Belle Avenue in Mankato, Minnesota, 56001. The property is a strip center totaling 7,200 square feet, with 4,506 square feet currently vacant and available for lease. The minimum leasable space is 1,200 square feet, while the maximum contiguous space available is 4,506 square feet. The property sits on a 1.28-acre lot encompassing 55,757 square feet, providing ample space and parking. The building features a contemporary design, offering high ceilings and abundant natural light. Its location ensures excellent visibility and accessibility for customers. The interior is adaptable to a variety of business needs, allowing for customizable floor plans to suit specific requirements. This property presents a unique chance to establish or expand a business in a thriving Mankato commercial district. The property's size and layout make it suitable for a range of retail uses. The ample parking and prominent location contribute to a high-traffic environment, ideal for attracting customers. This is a rare opportunity to secure a well-located, modern retail space in a desirable Mankato location.
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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.