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19157 Rapidan Ave - Rapidan School 22,840 SF Specialty Building Offered at $265,000 in Mankato, MN 56001

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Investment Highlights

Two Story with Basement
Strategic Restoration Project Opportunity

High Visibility
Tax Write Off & Grants Available

Executive Summary

Embrace the allure and potential of this charming historic school building constructed in 1922. Spanning across two stories with a basement, this property offers a unique canvas for adaptive reuse. Unlock financial benefits with tax write-offs and explore grant opportunities tailored for this flexible redevelopment venture. Whether you're envisioning an engaging project or a strategic development, this property stands as a promising investment opportunity.

Property Facts

Price	$265,000	Building Class	C
Price Per SF	$11.60	Lot Size	5.58 AC
Sale Type	Investment	Building Size	22,840 SF
Sale Conditions	High Vacancy Property Redevelopment Project	No. Stories	2
Property Type	Specialty	Year Built	1922
Property Subtype	School

Price	$265,000
Price Per SF	$11.60
Sale Type	Investment
Sale Conditions	High Vacancy Property Redevelopment Project
Property Type	Specialty
Property Subtype	School
Building Class	C
Lot Size	5.58 AC
Building Size	22,840 SF
No. Stories	2
Year Built	1922

Signage

Property Taxes

Parcel Numbers	Multiple R48-13-03-351-012 R48-13-03-351-019	Improvements Assessment	$58,500
Land Assessment	$74,000	Total Assessment	$132,500

Property Taxes

Parcel Numbers

Multiple

R48-13-03-351-012
R48-13-03-351-019

Land Assessment

$74,000

Improvements Assessment

$58,500

Total Assessment

$132,500

(507) 625-4715

Contact

Dain Fisher
Coldwell Banker Commercial Fisher Group

Listing ID: 33509315
Date on Market: 10/14/2024
Last Updated:
Address: 19157 Rapidan Ave, Mankato, MN 56001

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19157 Rapidan Ave - Rapidan School

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