921 Madison AveMankato, MN 56001

For Sale
$2,100,000

High-Visibility Mankato Investment Opportunity

Overview

Added:
Feb 3
Days on market:
39
This exceptional 8,322 square foot commercial building, constructed in 2015, is strategically located on one of Mankato's busiest streets, boasting 30,000 vehicles per day at the Madison Avenue & Dane Street intersection. Its prime location offers unparalleled visibility, situated adjacent to Community Bank and just a block from Mayo Clinic Health Systems Hospital and Mankato Clinic. The property comprises two distinct units. Unit #1, a 2,859 square foot space, is currently leased to Aerotek and features a sophisticated build-out including in-floor heating, high ceilings, and 8-foot high doors. Unit #2, a 5,463 square foot space, is available for lease. Previously occupied by Med Express, this turnkey space boasts a high-end medical build-out completed only three years ago, representing a build cost exceeding $1 million today. This presents a rare opportunity to acquire a well-situated, high-quality commercial property in a thriving Mankato location with significant potential for immediate income and future growth. The brick building is a solid investment in a high-traffic area with excellent proximity to major medical facilities and banking institutions. The existing tenant in Unit #1 provides a stable income stream, while the vacant Unit #2 offers immediate leasing potential. This property is priced at $2,100,000.

Property Details for 921 Madison Ave

Property type
Other commercial real estate
Square Feet
8,322 SF
Year Built
2015

Location Insight

City
Mankato
County
Blue Earth County
State
Minnesota
Latitude
44.16656
Longitude
-93.9814
921 Madison Ave, Mankato, Minnesota

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
921 Madison Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message