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Valley Square 915 S Front St 5,936 SF 100% Leased Office Building Mankato, MN 56001 $650,000 ($109.50/SF)



Executive Summary
Great opportunity for office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936SFand has 11 offices, 2 bathrooms, both of which are handicap accessible, and space for a conference room. There is designated off-street parking with room for 15-20 vehicles. This space is also for rent at a rate of $16/SF/YR.
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Office
Building Size
5,936 SF
Building Class
B
Year Built/Renovated
1952/1995
Price
$650,000
Price Per SF
$109.50
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,936 SF
Building FAR
0.30
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
30 Spaces (5.05 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | R01-08-13-283-002 | Improvements Assessment | $378,600 |
| Land Assessment | $144,500 | Total Assessment | $523,100 |
Property Taxes
Parcel Number
R01-08-13-283-002
Land Assessment
$144,500
Improvements Assessment
$378,600
Total Assessment
$523,100
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Valley Square | 915 S Front St
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