329 N Riverfront Dr, Mankato, MN 56001
RETAIL For SaleYear Built: 1891
Floors: 2
| Space | Size | Type | Pricing |
|---|---|---|---|
| Historic Downtown Mixed-Use Investment Opportunity | SALE | $450,000.00 |
Cate DeBates - NAI North Star
PHONE: 5073806627
PHONE: 5073806627
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. • 100% Occupancy with long rental history • 3-Unit Property • New Roof (2020) • New Air Conditioner • $150,000+ interior improvements in last 10 years