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Warehouse/Cultivation Facility 1119 Center St 23,890 SF Industrial Building North Mankato, MN 56003 $2,200,000 ($92.09/SF)
Investment Highlights
- The property has spacious production and warehousing areas.
- 4,200 SF of refrigerated space.
- The building has solid and reliable construction.
- Located in North Mankato with easy access to Highway 69.
Executive Summary
Wide open Warehouse space with 6 private offices and a rare 4200 sf of refrigerated space, easy access to HWY 69, nice parking area (onsite parking), nearby truck wash and zoned industrial. This could make a great Cannabis cultivation facility. The exhaust and drain systems in place from the brewery can help a Cannabis cultivation use. It also has a 4200 sf refrigerated space for a low moisture and extended life for finished products.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,200,000 | Rentable Building Area | 23,890 SF |
| Price Per SF | $92.09 | No. Stories | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1976/2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.47/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 1.84 AC | No. Dock-High Doors/Loading | 1 |
| Zoning | Industrial - Industrial | ||
| Price | $2,200,000 |
| Price Per SF | $92.09 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.84 AC |
| Rentable Building Area | 23,890 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2000 |
| Tenancy | Single |
| Parking Ratio | 1.47/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| Zoning | Industrial - Industrial |
Amenities
- Cooler
- Courtyard
- Fenced Lot
- Mezzanine
- Security System
- Signage
- Accent Lighting
- Storage Space
- Air Conditioning
- Fiber Optic Internet
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Property Taxes
| Parcel Number | R-18.557.2870 | Improvements Assessment | $945,900 |
| Land Assessment | $294,100 | Total Assessment | $1,240,000 |
Property Taxes
Parcel Number
R-18.557.2870
Land Assessment
$294,100
Improvements Assessment
$945,900
Total Assessment
$1,240,000
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Warehouse/Cultivation Facility | 1119 Center St
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