For Sale: Mankato MLS# 7133568
Active
NEW!
$999,995
Commercial: 1 Story
Built 1946
2.5 acres
Mankato schools
MLS# 7133568
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Property Description
Own a piece of Mankato history with this iconic property, famously known as the Kato Ballroom and Kato Entertainment Center. Constructed in 1946, this landmark has long been recognized as a notable part of the community’s history and entertainment scene. Steeped in character and history, the property offers a truly unique opportunity to bring new vision to a well-known Mankato landmark. Whether envisioned for continued entertainment use, a creative redevelopment project, or another purpose, this one-of-a-kind property presents possibilities that are difficult to duplicate. A rare opportunity to own a piece of local history and create its next chapter.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$999,995
Property Type:
Commercial
City:
Mankato
Garage Spaces:
0
County:
Blue Earth
Year Built:
1946
State:
MN
Property Style:
1 Story
Zip Code:
56001
Subdivision Name:
Mankato City
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
28,153 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
Forced Air
Parking Features:
Open
Unit Amenities:
- Ceiling Fan(s)
- Hardwood Floors
- Security System
- Vaulted Ceiling(s)
- Wet Bar
Roof Details:
Rubber
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
2.5
Geolocation:
44.181958, -93.993328
Inclusions:
Building, Business Assets, Business, Land
Lot Dimensions:
108900 SF
Zoning:
Industrial
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$18,076
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,538
Units
Total Units:
1
Miscellaneous
Current Use:
- Event Space
- Food Service
- Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of True Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.