2050 Madison Avenue, Mankato, MN 56001

$2,510,000
Property Type: Land Lot Size (sq. ft.): 501,811 Status: Active
Current Price: $2,510,000 List Date: 9/24/2024 Last Modified: 10/20/2025

Overview

Description

Fast growing area near Auto Dealer, shopping, medical, apartments & much more! Zoned B-3 Highway Commercial. Additional land available. Frontage on Madison Ave.

Listing Details MLS# 6607155

General Property Information

Comp Sale YN
No
Development
No
Drainage
Good
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Acres
11.52
Assessment Pending
Unknown
Lot Dimensions
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Development Status: Raw Land Improvements: Curbs; Paved Streets; Public Road; Sidewalks Land Inclusions: For Sale Sign Property SubType: Acreage; Commercial Lot Road Frontage: City Street; Paved Streets; Private Road; Sidewalks Sale Options: Other; Sell Entirely; Will Divide Sellers Terms: Cash; Other Topography: Rolling

Contract Information

Contingency
None
Original List Price
2510000
ListPrice
2510000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2050
Street Name
Madison
Street Suffix
Avenue
Postal City
Mankato
County
Blue Earth
State
MN
Zip Code
56001
Complex/Dev/Subdivision
Wenners Second Sub

Acreage Information

Taxable Acres
11

Assessments

Tax With Assessments
2729
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
***GREEN ACRE DEFERMENT### WENNER'S SECOND SUBDIVISION, PT OLB BEG 14.93'N OF SWCOR, E362.81', E279.89', E648.51', NE106', N115.03', E29.31', N APPROX 277', W359.44', SW155.58', SW64.6', SW191.22', W5
Listing City
Mankato
Map Page
999
Municipality
Mankato
School District
Mankato
School District Phone
507-387-1868
Zip Plus 4
2885
Property ID Number
R010910376007
Tax Year
2024
Tax Amount
2709
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fast growing area near Auto Dealer, shopping, medical, apartments & much more! Zoned B-3 Highway Commercial. Additional land available. Frontage on Madison Ave.
Directions
Hwy 22 to Madison Ave. East to property on the North side of Madison Ave.

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes
Private Road
Yes
Sidewalks
Yes

Sale Options

Other
Yes
Sell Entirely
Yes
Will Divide
Yes

Sellers Terms

Cash
Yes
Other
Yes

Topography

Rolling
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Available
Yes
Sewer Connected
Yes
Water Available
Yes
Water Connected
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Public Road
Yes
Sidewalks
Yes

Land Inclusions

For Sale Sign
Yes

Property SubType

Acreage
Yes
Commercial Lot
Yes
Listing Office: Edina Realty, Inc.
IDX
Last Updated: October - 20 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.