1618, 1614, 1622, 1620 3rd Ave, Mankato, MN 56001

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 20
Waterfront Present: No
Year Built: 1990
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3600
For Sale or Lease: For Sale
Acres: 0.23
Lot Dimensions: 65X158
Assessment Pending: Yes
Garage Stalls: 0

Property Features

Accessible: Fully Wheelchair CMU Style: Other Construction Status: Previously Owned Current Use: Other Exterior: Steel Siding Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lock Box Type: None On Site Utilities: Electric Common; Heating Common Parking Characteristics: Paved Lot Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 699000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1618, 1614, 1622, 1620
Street Name: 3rd Ave
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Complex/Dev/Subdivision: Mankato City

Assessments

Tax With Assessments: 20074
Assessment Balance: 0

Building Information

Building Finished SqFt: 3600

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building, Land

Unit Details

Total Units: Yes

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: MANKATO CITY 002 025 00
Listing City: Mankato
Map Page: 999
Municipality: Mankato
School District: Mankato
School District Phone: 507-387-1868
Zip Plus 4: 291
Property ID Number: R010906460009
Tax Year: 2025
Tax Amount: 20074
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Unique 4-property package opportunity on 3rd Ave in Mankato featuring a functional commercial building, a licensed 4-bedroom rental, a full renovation residential property, and an additional redevelopment site. Strong fit for an investor, owner-user, or redevelopment buyer seeking a mix of usable space, income potential, and future upside. Rare chance to control multiple adjacent properties in one offering. Buyers to verify zoning, use, licensing, condition, and assessments.
Directions: Travel north on Riverfront Drive, turn left on 3rd Ave. Properties are on the left.

Accessible

Fully Wheelchair: Yes

Construction Status

Previously Owned: Yes

Exterior

Steel Siding: Yes

Foundation

Slab: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

None: Yes

Parking Characteristics

Paved Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes

CMU Style

Other: Yes

Current Use

Other: Yes

Loan Terms

Cash: Yes
Conventional: Yes