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    OFF-MARKET
    Strip malls

    551 Belle Ave, Mankato, MN 56001-4762

    7,200 SF 0.99 ac lot Built 2013
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US46-1885474
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2013
    Total area 7,200 SF
    Lot 0.99 ac (43,124 SF)
    APN R01.09.17.227.007
    UPID US46-1885474
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bosphorus Gyros & Kebabs Restaurant
    • Edward Jones - Financial Advisor: Jennifer Seys, CFP® Financial Advisor
    • Tee Times Golf Course
    • Edward Jones Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kah V LLC · 2 yrs held
    Kah V LLC
    since 2024
    3 recorded transactions
    2024
    2024
    2013
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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