821 Riverfront Dr Mankato, MN 56001
- Retail space
Current Use by Public Records
- Gerring's Auto Detailing / Car Wash
Property Details for 821 Riverfront Dr
- Property type
- Retail space
Description
This exceptional 0.5-acre retail pad, located at the highly visible corner of Madison Avenue and Riverfront Drive in Mankato, Minnesota, presents a rare redevelopment opportunity. Situated in Blue Earth County, zip code 56001 (latitude 44.174423, longitude -93.9954371), this property boasts an unparalleled location with 28,000 vehicles per day passing by. Last sold in 1995, this is a chance to acquire a prime piece of Mankato real estate. The lot offers convenient direct street and alley access, enhancing its functionality and appeal. While currently a smaller lot, there's significant potential for expansion, with the possibility of adding an additional 10,000 square feet. Adding to its value is a currently generating billboard income stream. This property is ideal for developers seeking a high-traffic location with substantial growth potential. The asking price for this unique opportunity is $650,000. Don't miss this chance to own a piece of Mankato's vibrant commercial landscape.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mankato
- County
- Blue Earth
- State
- Minnesota
- Longitude
- -93.9954371
- Latitude
- 44.174423
