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1720 Bassett Dr
Mankato, MN 56001
Retail Property For Sale
Investment Highlights
- High-visibility location in Mankato’s Hilltop district
- Efficient parking and dedicated drop-off/pick-up circulation
- Strong access to Madison Avenue and Highway 22
- Code-compliant infrastructure with life-safety systems
Executive Summary
The property at 1720 Bassett Dr presents a prime owner-user opportunity featuring a purpose-built childcare facility in Mankato’s high-growth Hilltop district. The asset offers a fully equipped, code-ready environment with dedicated classrooms, secure entry systems, and flexible interior configurations that support daycare, education, or professional service uses. With durable finishes, modern mechanical systems, and efficient parking with convenient access to Madison Avenue and Highway 22, the property allows for immediate occupancy while providing long-term adaptability and value.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,762 SF
Building Class
B
Year Built
2006
Price
$1,190,000
Price Per SF
$316.32
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.07 AC
Zoning
B-3 - Highway Business District
Parking
38 Spaces (10.1 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,339,600 | |
| Land Assessment | $252,800 | Total Assessment | $1,592,400 |
Property Taxes
Parcel Numbers
Land Assessment
$252,800
Improvements Assessment
$1,339,600
Total Assessment
$1,592,400
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