530 Pleasant StMankato, MN 56001

For Sale
$700,000

Prime West Mankato location, high visibility, renovated.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6,490 square foot office building, situated on a highly visible corner lot in West Mankato at the intersection of Stoltzman Road and Pleasant Street, presents a compelling investment opportunity. Built in 1956 and extensively renovated in 2016, this two-story brick-over-block structure boasts enduring quality and timeless appeal. The property features ample parking and a generous 0.81-acre lot, enhanced by attractive landscaping. The interior offers a versatile layout including private offices and updated conference rooms, complemented by newly renovated bathrooms and kitchenettes. A dedicated employee break room adds to the functionality. Currently, 3,530 square feet are occupied under a lease extending to the end of 2026, with an additional 1,300 square feet of space immediately available for lease on the main level. The property is zoned R-2 ONE & TWO FAMILY DWELLING, offering flexibility for future use. Its strategic location provides easy access to downtown Mankato's retail amenities, schools, parks, and residential areas, making it an ideal location for a variety of businesses. The asking price is $700,000, representing a strong return on investment in a thriving Minnesota market. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property with significant upside potential. The building is classified as Class B and operates under a NNN lease structure.

Highlights

  • High-visibility corner lot at Stoltzman Rd. & Pleasant St., West Mankato.
  • 6,490 SF, two-story brick building, built in 1956, extensively renovated in 2016. Ample parking on a 0.81-acre lot.
  • Versatile layout with private offices, updated restrooms, kitchenettes, and a break room. 3,530 SF currently leased (NNN) through 2026; 1,300 SF immediately available. Class B. $700,000 asking price.

Property Details for 530 Pleasant St

Property type
Other office properties, Office properties
Square Feet
6,490 SF
Class
B
Year Built/Renovated
1956/2016
Buildings
1
Stories
2
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Mankato
County
Blue Earth
State
Minnesota
Latitude
44.1570224
Longitude
-94.0154947
530 Pleasant St, Mankato, Minnesota

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530 Pleasant St
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