Riverfront Drive Investment - 329 N.

For Sale

329 N Riverfront Dr, Mankato, MN 56001

This Mankato property for sale is located at 329 N Riverfront Dr. Contact the listing broker for details on the current sale price for Riverfront Drive Investment - 329 N.. Riverfront Drive Investment - 329 N. is situated on a lot that is 0.06 acre in size.

Contacts

broker

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 Oct 25, 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

Getting around

  • 87/100

    Walk Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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.

Contact Listing Broker

broker

Cate DeBates

NAI North Star