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    FOR LEASE
    Manufacturing properties

    600 S Riverfront Dr, Mankato, MN 56001

    14,016 SF 1.42 ac lot Built 1984
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US46-1879284
    Property summary
    AI-generated overview

    This exceptional 2,491 square foot retail space is situated in a meticulously maintained brick strip center in the heart of downtown Mankato. Boasting excellent visibility and accessibility from the highly trafficked Riverfront Drive, this single-tenant property offers unparalleled convenience for both customers and employees. Ample off-street parking ensures ease of access for patrons. The suite features custom window awnings, adding to its aesthetic appeal and providing shade. The surrounding landscaping is well-kept, contributing to the overall professional and inviting atmosphere of the property. The entire shopping center encompasses 14,879 square feet, providing a strong sense of community and shared space. This property presents a unique opportunity for a business seeking a high-visibility location in a thriving downtown area. The building's prime location and attractive features make it an ideal space for a variety of retail businesses. The single-tenant occupancy simplifies management and allows for complete customization to suit the tenant's specific needs. This is a rare opportunity to secure a well-established retail space in a desirable downtown location. The combination of high visibility, ample parking, and attractive aesthetics makes this property a truly exceptional investment. The property is classified as both retail and land, offering potential for future expansion or development.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group HEAVY MANUFACTURING
    Year built 1984
    Total area 14,016 SF
    Lot 1.42 ac (61,855 SF)
    APN R01.08.13.231.010
    UPID US46-1879284
    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
    • The Ecumen Store Production Facility
    • Refugio & Engard Law Group Auto Accident Lawyers Law Firm
    • Flex Fitness Gym & Fitness Center
    • Tecta America Customer Solutions Center Roofing Company General Contractor
    • TruNorth International Church Church
    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
    Schwickerts Land Co · 2 yrs held
    Schwickerts Land Co
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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