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1415 1st Ave 42,410 SF 98% Leased Flex Building Mankato, MN 56001 $1,779,798 CAD ($41.97 CAD/SF) 10.74% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Income producing property
  • good mix of tenants
  • Good central location
  • good visibility

EXECUTIVE SUMMARY

Price improvement multi industrial. Upside potential, Location, Tenant Mix, Dock and OHD

PROPERTY FACTS

Price $1,779,798 CAD
Price Per SF $41.97 CAD
Sale Type Investment
Cap Rate 10.74%
Property Type Flex
Property Subtype Showroom
Building Class C
Lot Size 1.19 AC
Rentable Building Area 42,410 SF
No. Stories 1
Year Built/Renovated 1940/1999
Parking Ratio 0.27/1,000 SF
Opportunity Zone Yes
Zoning Industrial

AMENITIES

  • Security System

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,000 SF
  • Industrial
  • -
  • 30 Days
  • 1st Floor
  • 1,000 SF
  • Industrial
  • -
  • Now

Heated with water this is a great working space

  • 1st Floor
  • 1,000 SF
  • Office
  • -
  • 30 Days
Space Size Space Use Condition Available
1st Floor 2,000 SF Industrial - 30 Days
1st Floor 1,000 SF Industrial - Now
1st Floor 1,000 SF Office - 30 Days

1st Floor

Size
2,000 SF
Space Use
Industrial
Condition
-
Available
30 Days

1st Floor

Size
1,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size
1,000 SF
Space Use
Office
Condition
-
Available
30 Days

1st Floor

Size 2,000 SF
Space Use Industrial
Condition -
Available 30 Days

1st Floor

Size 1,000 SF
Space Use Industrial
Condition -
Available Now

Heated with water this is a great working space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R01-09-07-229-002
Land Assessment
$146,152 CAD
Improvements Assessment
$1,459,696 CAD
Total Assessment
$1,605,848 CAD
  • Listing ID: 26853699

  • Date on Market: 2022-10-14

  • Last Updated:

  • Address: 1415 1st Ave, Mankato, MN 56001

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