59100 Madison AveMankato, MN 56001

For Sale
$1,691,000

Prime Mankato location, high visibility, industrial/commercial potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 19-acre commercial and industrial land parcel presents a unique investment opportunity in Mankato, Minnesota. Strategically located on 59100 Madison Ave, Mankato, MN 56001, this property boasts unparalleled visibility due to its proximity to major thoroughfares: US 14 (17,000 ADT), CSAH 12 (3,400 ADT), and County Road 17 (5,300 ADT), as well as the new Adams Street extension. The site is situated on the thriving east side of Mankato, adjacent to a new residential subdivision across County Road 17, ensuring high traffic and excellent exposure. Further enhancing its appeal is the recent opening of a truck stop at the intersection of CSAH 12 and Adams Street, creating a dynamic and high-traffic commercial environment. The land is priced at $1,691,000, translating to $2 per square foot. While deferred water and sewer assessments totaling $217,421.75 are in place along the north and east property lines, this presents a significant advantage for future development. This property is ideal for a wide range of commercial and industrial uses, offering substantial potential for growth and return on investment in a rapidly developing area of Mankato. The Blue Earth County location provides access to a strong workforce and established infrastructure. This is a rare opportunity to acquire a large, well-located parcel in a thriving market.

Highlights

  • 19-acre commercial/industrial land parcel in Mankato, MN.
  • Located at 59100 Madison Ave, Mankato, MN 56001, with high visibility due to proximity to major roadways (US 14, CSAH 12, County Road 17, and new Adams Street extension).
  • Thriving east side location, adjacent to new residential development.
  • $1,691,000 asking price ($2/sq ft); deferred water/sewer assessments totaling $217,421.75.
  • Ideal for various commercial/industrial uses; strong potential ROI in a rapidly growing area.

Property Details for 59100 Madison Ave

Property type
Other land, Other industrial properties
Lot Size (sq. ft)
827,640 SF

Location Insight

City
Mankato
County
Blue Earth
State
Minnesota
Latitude
44.1677796
Longitude
-93.9201681
59100 Madison Ave, Mankato, Minnesota

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59100 Madison Ave
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