$3,085,000

921 - 931 Madison Avenue, Mankato, MN 56001


921 - 931 Madison Avenue Mankato, MN 56001

For Sale MLS# 6331890

16,322 sq ft Commercial

Data current as of {{getLocalTime('2023-04-02T09:10:27Z')}}

Details for 921 - 931 Madison Avenue

MLS# 6331890

Description for 921 - 931 Madison Avenue, Mankato, MN, 56001


Hilltop Plaza consists of two commercial buildings located at 921/931 Madison Ave., one of Mankato’s busiest streets with traffic counts of 30,000 VPD at the intersection of Madison Avenue & Dane Street, making it a highly visible location. It is next to Community Bank and only a block from Mayo Clinic Health Systems Hospital and Mankato Clinic.921 Madison Avenue is an 8,322 SF brick commercial building built in 2015 and has two separate units. Unit #1 is a 2,859 SF space occupied by the tenant Aerotek. This space has a high-level build-out, including in-floor heat, high ceilings, and 8’ high doors. Unit #2 is a 5,463 SF space previously occupied by Med Express and is now available for lease. This “turn-key” space has a high-level medical build-out that is only three years old and would cost over $1 million to build today.931 Madison Avenue is an 8,000 SF 3-story building plus a lower level. The 3rd floor consists of three 1-bedroom apartments that have all been recently remodeled.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.70 Acres

Square Feet: 16,322 sq ft

Year Built: 2015

Foundation: 10,919 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

New Construction

Model Home:

Development:

Completion date:

Subdivision: East Mankato

Builder:

Foundation:

Total Units: 10

Current Use: Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Blue Earth

Days On Market: 50

HERS Score:

Construction Status: Completed New Construction

School Information


District: 77 - Mankato

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Partially Wheelchair

Additional Interior Features:

Utilities


Water: City Water - In Street

Sewer: City Sewer - In Street

Available Utilities: Electric Common,Heating Common,Hot Water Common

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 25

Parking Description:

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 48108

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building

Soil Type:

Tillable Acres:

Driving Directions


At the intersection of Madison Avenue and Dane Street in Mankato, MN.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: R010917127018

Tax Amount: $35,036

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$3,085,000 Original Price
$3,085,000 Current Price
+$0 Total Change
Date Price Change
2/10/2023 02:10 PM $3,085,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 921 - 931 Madison Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings