$2,600,000
235-257 Belgrade Avenue North Mankato, MN 56003
For Sale MLS# 7039202
Commercial
Details for 235-257 Belgrade Avenue
MLS# 7039202
Description for 235-257 Belgrade Avenue, North Mankato, MN, 56003
Premier Mixed-Use Property Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.
Listing Information
Property Type: Commercial
Status: Active
Foundation: 1,896 sq ft
Construction: Concrete Block
Current Use: Professional Service,Residential
County: Nicollet
Days On Market: 19
School Information
District: Mankato #77
Interior Features
Additional Interior Features: Restrooms
Utilities
Water: City
Sewer: City
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Exterior: Brick
Additional Exterior/Lot Features: Road Frontage - City Street
Unit Information
Unit 1 Actual Rent: 15000
Unit 1 Baths Total: 3
Unit 1 Rooms Total: 10
Unit 2 Units Total: 302
Unit 2 Actual Rent: 1550
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Units Total: 237
Unit 3 Actual Rent: 1600
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving Directions
Range left on Belgrade building on the right
Financial Considerations
Tax/Property ID: 188020130
Tax Amount: 40792
Tax Year: 2025
A broker reciprocity listing courtesy: Keller Williams Premier Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the REALTOR® Association of So MN Multiple Listing Service. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the REALTOR® Association of So MN Multiple Listing Service. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 REALTOR® Association of So MN Multiple Listing Service. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 235-257 Belgrade Avenue
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 235-257 Belgrade Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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