For Sale: Mankato MLS# 7069137
Active
$699,000
Commercial: 1 Story
Built 1990
0.239 acres
Mankato schools
MLS# 7069137
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Unique 4-property package opportunity on 3rd Ave in Mankato featuring a functional commercial building, a licensed 4-bedroom rental, a full renovation residential property, and an additional redevelopment site. Strong fit for an investor, owner-user, or redevelopment buyer seeking a mix of usable space, income potential, and future upside. Rare chance to control multiple adjacent properties in one offering. Buyers to verify zoning, use, licensing, condition, and assessments.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$699,000
Property Type:
Commercial
City:
Mankato
Garage Spaces:
0
County:
Blue Earth
Year Built:
1990
State:
MN
Property Style:
1 Story
Zip Code:
56001
Subdivision Name:
Mankato City
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
3,600 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
Forced Air
Parking Features:
Paved Lot
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.239
Geolocation:
44.181814, -93.996126
Inclusions:
Building, Land
Lot Dimensions:
65X158
Zoning:
Business/Commercial
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$20,074
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$20,074
Units
Total Units:
1
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 True Real Estate.
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.