Contacts

Cate DeBates

NAI North Star

Property Details

Property Type Retail - Street Retail
Property Size 3,168 SF
Units 3
Lot Size 0.06 Acre
Additional Rent Contact for pricing
Year Built 1891
Date Updated Dec 7, 2024

Located in the historic old-town district, this property is surrounded by arts + culture. Known for it's local boutiques, cafes and art/event scene - Riverfront Drive connects local brands to the City Center. Riverfront Drive is a primary artery, running from 4-lane Highway 14 and intersecting with US-169.Own a piece of Mankato's history downtown. This mixed-use property has one of Mankato's longest running coffee shops and two 1-bedroom apartments on the second level. With an excellent rental history, the property's tenants are fully vetted with background and credit checks and has room for value-add improvements for an ambitious owner. New roof in 2020 and new AC unit being added now. Retail tenant's lease is Modified Gross with 2 years left in the term.

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Highlights

100% Occupancy with long rental history
3-Unit Property
New Roof (2020)
New Air Conditioner
$150,000+ interior improvements in last 10 years

Attachments

329 Riverfront Drive Sale Brochure (PDF) opens in new window

Getting around

87/100
Walk Score ®
81/100
Bike Score ®

Powered by Walk Score ®

City Mankato, MN
Zip Code 56001

Points of Interest

Cenex

0.39 miles
Hy-Vee Gas

0.63 miles
Circle K

0.72 miles
Speedway

0.85 miles
Kwik Trip

1.02 miles
Casey's General Store

1.40 miles
Happy Dan's Gas Station

1.68 miles
Tesla Destination Charger

2.13 miles

Civic Center Ramp

0.30 miles
Mankato Place Ramp

0.45 miles
Cherry Street Parking Ramp

0.51 miles
City Center Ramp

0.58 miles
Park

0.59 miles
Lot 17

1.28 miles
Lot 18

1.34 miles
Lot 14

1.36 miles
Lot 16

1.40 miles
Lot 15

1.42 miles

Domino's

0.36 miles
Dino's Pizzeria

0.38 miles
Nakato Bar & Grill

0.41 miles
American Legion Post 518

0.42 miles
Spinners Bar & Grill

0.44 miles
Pizza Hut

0.47 miles
Gilberto's Mexican Taco Shop

0.56 miles
Papa Murphy's

0.58 miles
Arby's

0.61 miles
Subway

0.79 miles

Hy-Vee

0.44 miles
Cub Foods

1.08 miles
Madison East Center

1.40 miles
Belle Mar Center

1.50 miles
ALDI

1.88 miles
Raintree Mall

2.10 miles
JCPenney

2.29 miles
River Hills Mall

2.29 miles
River Place

2.30 miles
Target

2.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.