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    551 Belle Ave Mankato, MN 56001-4762
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    Property profile & analytics

    551 Belle Ave Mankato, MN 56001-4762


    • Strip malls
    • 7,200 SF
    • 0.99 lot acres
    Off-Market
    Last Sale Apr 30, 2024
    Property ID
    US46-1885474
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bosphorus Gyros & Kebabs / Restaurant
    • Edward Jones - Financial Advisor: Jennifer Seys, CFP® / Financial Advisor
    • Tee Times / Golf Course
    • Edward Jones / Financial Advisor

    Property Details for 551 Belle Ave

    Year built
    2013
    Lot size
    0.99 lot acres
    Property size
    7,200 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    R01.09.17.227.007
    APU
    R010917227007

    Description

    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.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.972
    Latitude
    44.1653
    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
    $29,912
    $172,800
    $988,800
    $1,161,600
    -
    $172,800
    $988,800
    $1,161,600
    More about this property
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