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Active
$3,411
/mo Edit
Commercial:  Retail/Shopping Center
Built 1964
6.22 acres
Mankato schools
MLS# 6530458
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    Property Description

    Here is a great opportunity to locate your business in Victory Center, a staple in Mankato for retail for over 50 years! Common mall area along with front & back access. Anchor tenants in the mall are MGM liquor and the new home for River Bend Business Products. This highly developed area is located just off Victory Drive and Madison Avenue. MNDOT traffic counts are around 23, 000 vehicles per day. This space is currently set up for medical use with 4 exam rooms, 3 bathrooms, a waiting room/lobby area, a lab, 2 offices, and plenty of storage space. This space is 4, 093 square feet. Base rent is $10/SF/Yr NNN + operating expenses estimated at $6.22/SF/Yr.

    Listing

    Contingency: None
    City: Mankato
    County: Blue Earth
    State: MN
    Property Style: Retail/Shopping Center
    Zip Code: 56001

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 150
    Foundation Size: 63,792 ft2
    Foundation Dimensions: 63792
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 6.22
    Geolocation: 44.16457, -93.970552
    Inclusions: Leases
    Lot Dimensions: 270943
    Addl Parcels: 2023
    Zoning: Business/Commercial

    Schools

    School District: 77
    District Phone: 507-387-1868

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $69,125
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $70,968

    Units

    Total Units: 14
    Unit Number: 211

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Heating Common
    • Hot Water Common
    Water System: City Water - In Street

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    Payment:  /mo

    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.