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North Mankato serves as a key component of the Mankato metropolitan area, providing a stable economic landscape anchored by regional manufacturing and educational institutions. This mixed-use asset sits at 41392 520th Street, occupying a strategic position within a growing suburban environment. The property encompasses 1,400 square feet and features a residential sub-type, offering flexible options for investors looking to diversify their portfolios in this Minnesota market. Given the layout of the space, the building is suitable for various commercial or residential applications depending on local requirements. Prospective buyers have the chance to acquire this parcel for $1,800,000, aligning with the current market valuation for commercial holdings in the region. The asset provides functional square footage for a business operator or investor seeking a footprint in this accessible section of the community.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.