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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)

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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.

ATTACHMENTS

1119 Center St

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

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
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-18.557.2870
Land Assessment
$294,100
Improvements Assessment
$945,900
Total Assessment
$1,240,000
  • Listing ID: 37346667

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 1119 Center St, North Mankato, MN 56003

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