1640 Madison AveMankato, MN 56001

For Sale
$1,550,000

Mankato, MN: Turnkey Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Mankato retail property, located at 1640 Madison Avenue, presents a rare opportunity for business owners. Boasting 6,000 square feet of space, this turnkey building is ready for immediate occupancy. The well-designed layout includes a 4,400 square foot showroom with ample natural light and eight dressing rooms, perfect for showcasing merchandise. An additional 2,400 square feet of space in the rear is ideal for storage and alterations. Employee amenities include a full kitchenette and updated bathroom, along with a private office. A glass storefront ensures excellent visibility and convenient customer access. The property also features over 60 parking stalls with direct access from Madison Avenue, ensuring ample parking for customers and employees. A significant advantage is the inclusion of a 0.78-acre lot (7,500 square feet) to the north, offering considerable future development potential. This prime location within Mankato's bustling Hilltop district provides high visibility and traffic counts on Madison Avenue, with convenient access from Tullmore Street, Victory Drive, and Highway 22. The property's proximity to the River Hills Mall further enhances its desirability. The asking price for this exceptional retail property is $1,550,000. This is a truly unique opportunity to acquire a high-quality, well-maintained retail space in a thriving Mankato location.

Highlights

  • $1,550,000 asking price for a 6,000 SF retail storefront on a 0.78-acre lot.
  • Prime Mankato, MN location on Madison Avenue in the Hilltop district, offering high visibility and traffic.
  • Turnkey building with 4,400 SF of retail space, 2,400 SF of back-of-house space, and ample parking (60+ stalls).
  • Includes a 7,500 SF buildable lot.

Property Details for 1640 Madison Ave

Property type
Other retail properties, Individual retail properties
Square Feet
6,000 SF
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Mankato
County
MN
State
Minnesota
Latitude
44.1674671
Longitude
-93.9625983
1640 Madison Ave, Mankato, Minnesota

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1640 Madison Ave
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