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626 S 2nd Street Mankato, MN $ 499,000
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$ 499,000 Get more info
626 S 2nd Street
$ 499,000
Back to search
Share Save

626 S 2nd Street

Mankato, MN, 56001
$ 499,000
Baths0.0 Sq 3,354

Monthly Estimate*

$ 3,486

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Studio

Commercial Property for sale in Mankato, MN

for $499,000. This 3,354 square foot building was built in 1871 on a lot size of 0.21.

BUILDING AND LAND FOR SALE: Mixed use space with long standing commercial tenant occupying the main floor along with a 3 bedroom apartment on the upper level. New stove and shower in 2024. Property includes a large parking lot on the side and back of the lot which includes 3 reserved spaces for the apartment tenants along with approximately 10 additional open spaces for client and employee parking. Street parking is also available. Roof sealed approximately 2 years ago. Front commercial space has forced air heat, back commercial space and apartments have boiler heat. Boiler serviced annually. Central air in commercial space, window units in apartment. Purchase includes shelving in basement, coolers, and counter in commercial space. Property has current rental license for up to 5 unrelated.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,055

Style

Lot Size

0.21

Year Built

1871

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

6477838
Features
General
Sewer City Sewer/Connected
Heating Boiler Forced Air
Cooling Central Air Window Unit(s)
Utilities Electric Common Heating Common
Roof Rubber
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1871
Levels Two
Tax Year 2023
Current Use Professional/Office Commercial Residential
Accessibility None
County Blue Earth
Property Type Commercial Sale
Contingency None
Subdivision Name Auditors 1
Possible Use Office Retail Investment
Directions South off of
City Mankato
Buyer Agent Compensation 2.00
High School District Mankato
Zoning Description Business/Commercial
Total Units 2
Street Name 2nd
Land Lease Y/N N
Tax Annual Amount 4055
Additional Parcels Y/N N
Days on Market 56
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Stone/Rock
Basement (Y/N) Y
Street Suffix Street
Foundation Dimensions 1677
Fuel Natural Gas
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Exterior
Parking Features Asphalt Shared Driveway Unassigned Open
Water Source City Water/Connected
Inclusions Building Land Rental License
Lot Size Area 0.21
Building Area Total 3354
Lot Dimensions .21 acres
Lot Size Units Acres
Foundation Area 1677
Road Frontage Type City Street Curbs Paved Streets Sidewalks
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Internal Only
Street Number 1 626
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* Excluded Features
List By
True Real Estate

Broker

karen@truerealestatemn.com

Email

Affordability Calculator

$3,824
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/16/2024$499,000 Listed Price

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626 S 2nd Street, Mankato, MN, 56001 is a Commercial Property for sale at $499,000 with 3,354 sqft and a lot size of 0.21. 626 S 2nd Street is a studio with 0.0 baths and was built in 1871. The property's zip code is 56001 which is in Mankato, MN

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