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117 E Washington St 3,264 SF Vacant Retail Building Mankato, MN 56001 $299,000 ($91.61/SF)
Investment Highlights
- Updated Old Town building
- Easily accessible location with quick routes to downtown Mankato
- Two overhead doors with rear loading access
Executive Summary
117 East Washington Street presents an updated commercial property located in the Old Town neighborhood of Mankato, MN. The asset combines modern functionality with historic surroundings, featuring a clean storefront design and rear alley access for parking and loading. The building includes a showroom, shop area, and lower-level storage, offering versatile use for retail or service operators. Recent improvements to roofing, HVAC, and interior finishes provide a move-in-ready opportunity with minimal capital investment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,264 SF
Building Class
C
Year Built
1941
Price
$299,000
Price Per SF
$91.61
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.94
Lot Size
0.08 AC
Zoning
Downtown / CBD - Downtown / CBD
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R01-09-07-378-015 | Improvements Assessment | $205,100 |
| Land Assessment | $12,500 | Total Assessment | $217,600 |
Property Taxes
Parcel Number
R01-09-07-378-015
Land Assessment
$12,500
Improvements Assessment
$205,100
Total Assessment
$217,600
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117 E Washington St