521-523 N Riverfront Dr - Storefront Retail/Office FOR SALE


Mankato, MN 56001- Riverfront Park
$735,000 USD
507-380-7340
521-523 N Riverfront Dr, Mankato, MN for Sale
$735,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | Request Cap Rate

521-523 N Riverfront Dr
Mankato, MN 56001
Riverfront Park


HIGHLIGHTS

  • Sale price subject to offer.

OVERVIEW

Strategically situated in the heart of Southern Minnesota’s growth corridor, this prime asset offers exceptional visibility and accessibility via regional thoroughfares. Located within the dynamic greater Mankato marketplace, the site benefits from a robust employment base, anchored by key institutions in healthcare, manufacturing, education and agribusiness. It is surrounded by a stable mix of office, industrial, retail and multi-family uses, reflecting strong demand fundamentals for repositioning or expansion. With infrastructure in place and proximity to major transit routes linking to the Twin Cities and the Iowa border, the location presents a compelling value-add opportunity for owners pursuing market entry or redevelopment strategies. Offered for sale through a leading regional advisor, this commercial offering presents an institutional-ready investment or owner-user acquisition. The asset enables capital-efficient entry into a high-growth region, with upside through operational enhancement, leasing convergence or repositioning. Whether structured as a value-add acquisition or a long-term hold, the property aligns with 1031 exchange criteria and offers flexibility for sale-leaseback, owner occupancy or redevelopment. Leveraging the full-service capabilities of a local brokerage and management platform, the transaction is supported by integrated advisory, market intelligence and asset management services—enabling investors to scale in Southern Minnesota with confidence. Ideal for institutional, private-equity or strategic investors seeking a core-plus, commercial real estate investment ready for turnkey execution.

FOR SALE DETAILS

PRICE

$735,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,001 SF

ZONING

CBD- Fringe

APN/PARCEL ID

R01-09-07-406-004

ASK ABOUT THIS PROPERTY

David SchooffNAI North StarMore Info
507-380-7340

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David SchooffNAI North StarMore Info
507-380-7340

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