235-257 Belgrade Avenue North Mankato, MN $ 2,600,000
235-257 Belgrade Avenue
$ 2,600,000
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235-257 Belgrade Avenue

North Mankato, MN, 56003
$ 2,600,000
Bedrooms-- Baths-- Sq 4,196

Monthly Estimate*

$ 16,221

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Commercial Property for sale in North Mankato, MN

for $2,600,000. This building is 4,196 square feet.

Premier Mixed-Use Property | Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 40,792

Style

Commercial

Town/City

North Mankato

County/Region

Nicollet

MLS | Web ID

7039202

Features
General
Heating Forced Air
Water City
Sewer City
Amenities Restrooms
Status Active ACTIVE
Year Built 0
Road Frontage City Street
Subdivision MN
Sale/Rent For Sale
School District Mankato #77
Sale/Lease For Sale
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Exterior
Exterior Brick
Waterfront No
Construction Type Concrete Block
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

swolfe@kw.com

Email

Affordability Calculator

$19,620
Per Month
83%
17%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$3,399
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
1357867 Elementary School
1357964 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$2,600,000 Listed Price

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235-257 Belgrade Avenue, North Mankato, MN, 56003 is a Commercial Property for sale at $2,600,000 with 4,196 sqft. The property's zip code is 56003 which is in North Mankato, MN