For Sale: North Mankato MLS# 7035432
Active
NEW!
$325,000
Commercial: Other
1 br • 2 ba • Built 1959
0.343 acres
MLS# 7035432
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Property Description
Industrial Building for Sale – Prime Investment Opportunity
This well-maintained 5, 440 sq. ft. industrial building offers a strong investment opportunity with two fully leased spaces and established tenants.
Space #1 – 3, 662 sq. ft. (Leased to Renters Warehouse)
Two large private offices
Kitchen/lounge area
Private restroom
Spacious garage with an overhead door and ample storage
Space #2 – 1, 763 sq. ft. (Leased to D & K Garage)
Also contains a rented apartment for extra income
With a solid rental history and versatile industrial spaces, this property presents an excellent opportunity for investors seeking stable income. Contact us today for more details!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Property Type:
Commercial
City:
North Mankato
Garage Spaces:
2
County:
Nicollet
Year Built:
1959
State:
MN
Property Style:
Other
Zip Code:
56003
Subdivision Name:
Wendel Hodapps Add
Interior
Bedrooms:
1
Bathrooms:
2
Exterior
Garage Spaces:
2
Foundation Size:
5,440 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Forced Air
Parking Features:
Parking Lot
Lot & Land
Acres:
0.343
Geolocation:
44.179479, -94.005114
Inclusions:
Building, Leases
Lot Dimensions:
0.34
Zoning:
Industrial
Schools
School District:
2262
District Phone:
5073871868
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,937
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,000
Units
Total Units:
2
Miscellaneous
Current Use:
- Office
- Professional Service
- Warehouse
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Landmark Realtors, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.