1500 Edgewood Blvd - Specialty FOR SALE


North Mankato, MN 56003
$595,000 USD
507-327-7126
1500 Edgewood Blvd, North Mankato, MN for Sale
$595,000 USD
Specialty - FOR SALE
1/27
null | Request Cap Rate

1500 Edgewood Blvd
North Mankato, MN 56003


OVERVIEW

Due to owner retirement, this former Montessori Pre-School and Child Care Center is a rare opportunity to purchase a commercial building in upper North Mankato. Built in 1995 as a day care center, this 4000 SF building sits on almost 1 acre and features a large fenced in yard, newer roof and location across from a public park. Plenty of parking for 25+ vehicles right on-site. Interior highlights include large open rooms, kitchen area with sink, dishwasher and refrigerator and 3 separate restrooms. Playground equipment, furniture and learning materials can be negotiated as part of the sale. Previously licensed for up to 48 children. Perfect use for a daycare, pre-school, montessori or any type of public/private education center. Additional property uses include church, community or recreation center or a government building. Due to R-2 zoning, building could also be re-configured into a single family home or duplex/twin home.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Daycare/Pre-School/Montessori Building

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

R-2

APN/PARCEL ID

R-18.648.0010

ASK ABOUT THIS PROPERTY

April FemriteTrue Commercial MNMore Info
507-327-7126

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April FemriteTrue Commercial MNMore Info
507-327-7126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.