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Active
$3,411
/mo Edit
Commercial:  Retail/Shopping Center
Built 1964
6.22 acres
Mankato schools
MLS# 6530458
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    Property Description

    Here is a great opportunity to locate your business in Victory Center, a staple in Mankato for retail for over 50 years! Common mall area along with front & back access. Anchor tenants in the mall are MGM liquor and the new home for River Bend Business Products. This highly developed area is located just off Victory Drive and Madison Avenue. MNDOT traffic counts are around 23, 000 vehicles per day. This space is currently set up for medical use with 4 exam rooms, 3 bathrooms, a waiting room/lobby area, a lab, 2 offices, and plenty of storage space. This space is 4, 093 square feet. Base rent is $10/SF/Yr NNN + operating expenses estimated at $6.22/SF/Yr.

    Listing

    Contingency: None
    City: Mankato
    County: Blue Earth
    State: MN
    Property Style: Retail/Shopping Center
    Zip Code: 56001

    Exterior

    Other Parking Spaces: 150
    Foundation Size: 63,792 ft2
    Foundation Dimensions: 63792
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 6.22
    Geolocation: 44.16457, -93.970552
    Inclusions: Leases
    Lot Dimensions: 270943
    Addl Parcels: 2023
    Zoning: Business/Commercial

    Schools

    School District: 77
    District Phone: 507-387-1868

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $69,125
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $70,968

    Units

    Total Units: 14
    Unit Number: 211

    Miscellaneous

    Current Use: Commercial
    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Heating Common
    • Hot Water Common
    Water System: City Water - In Street

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Landmark Realtors, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.