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1720 Bassett Dr 3,762 SF 100% Leased Retail Building Mankato, MN 56001 $1,366,262 CAD ($363.17 CAD/SF)

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Investment Highlights

  • Ideal owner-user opportunity
  • Adaptable professional layout
  • Strong access and parking
  • Fully equipped childcare buildout
  • Prime high-growth corridor

Executive Summary

This purpose-built childcare facility at 1720 Basset Drive presents a prime owner-occupier opportunity for daycare operators, early-education providers, therapy practices, or other family-service businesses seeking a fully equipped, code-ready environment within Mankato’s high-growth Hilltop district. The property offers a strategic blend of operational efficiency and long-term asset value, featuring dedicated classrooms, secure entry and check-in areas, age-appropriate restrooms, integrated storage, and flexible activity rooms designed to streamline supervision and meet licensing requirements. Durable finishes, life-safety systems, handwashing stations, and modern mechanicals reduce upfront capital investment and enable immediate utilization.
With its adaptable layout, the asset can easily convert to specialty uses such as tutoring centers, pediatric therapy, enrichment programs, or professional service practices seeking segmented, multifunctional space. Ample surface parking, convenient drop-off/pick-up circulation, and direct access to Madison Avenue and Highway 22 enhance daily efficiency and elevate the customer experience.
Located amid dense residential neighborhoods, established retail anchors, and key community hubs, this property benefits from strong demographic fundamentals and consistent demand drivers. For owner-users aiming to secure long-term control, stabilize operating costs, and position their organization within one of Southern Minnesota’s most active commercial corridors, 1720 Basset Drive offers a rare, turnkey acquisition opportunity.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,762 SF
Building Class
B
Year Built
2006
Price
$1,366,262 CAD
Price Per SF
$363.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.07 AC
Zoning
B-3 - Highway Business District
Parking
38 Spaces (10.1 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,762 SF
  • Retail
  • -
  • 30 Days

This turnkey childcare facility at **1720 Basset Drive** delivers an immediate operational runway for daycare operators, early-education providers, or compatible service-based users seeking a fully built, code-compliant environment in Mankato’s thriving Hilltop district. The suite features a purpose-designed layout with dedicated classrooms, secure check-in zones, age-appropriate restrooms, integrated storage, and flexible activity rooms engineered to support smooth student flow and staff oversight. Existing life-safety systems, handwashing stations, durable finishes, and thoughtfully segmented spaces minimize startup time and reduce capital outlay for incoming tenants. The property’s efficient floor plan supports licensing requirements and fosters a safe, structured learning environment, while its adaptable design allows for conversion to tutoring centers, therapy practices, enrichment programs, or other family-oriented services. Large windows, high ceilings, and modern mechanicals enhance comfort and operational continuity. Exterior amenities—including ample surface parking, dedicated drop-off/pick-up circulation, and quick access to Madison Avenue and Highway 22—bolster parent convenience and elevate daily throughput. Surrounded by dense residential neighborhoods and key community destinations, this location offers sustained demand drivers and brand visibility. With infrastructure already in place, tenants can plug in and accelerate growth immediately, capturing the momentum of one of Southern Minnesota’s most active commercial corridors.

Space Size Space Use Position Available
1st Floor 3,762 SF Retail - 30 Days

1st Floor

Size
3,762 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 3,762 SF
Space Use Retail
Position -
Available 30 Days

This turnkey childcare facility at **1720 Basset Drive** delivers an immediate operational runway for daycare operators, early-education providers, or compatible service-based users seeking a fully built, code-compliant environment in Mankato’s thriving Hilltop district. The suite features a purpose-designed layout with dedicated classrooms, secure check-in zones, age-appropriate restrooms, integrated storage, and flexible activity rooms engineered to support smooth student flow and staff oversight. Existing life-safety systems, handwashing stations, durable finishes, and thoughtfully segmented spaces minimize startup time and reduce capital outlay for incoming tenants. The property’s efficient floor plan supports licensing requirements and fosters a safe, structured learning environment, while its adaptable design allows for conversion to tutoring centers, therapy practices, enrichment programs, or other family-oriented services. Large windows, high ceilings, and modern mechanicals enhance comfort and operational continuity. Exterior amenities—including ample surface parking, dedicated drop-off/pick-up circulation, and quick access to Madison Avenue and Highway 22—bolster parent convenience and elevate daily throughput. Surrounded by dense residential neighborhoods and key community destinations, this location offers sustained demand drivers and brand visibility. With infrastructure already in place, tenants can plug in and accelerate growth immediately, capturing the momentum of one of Southern Minnesota’s most active commercial corridors.

Nearby Major Retailers

U.S. Bank
Perkins
Green Mill Restaurant & Bar
Cub Foods
McAlister's Deli
Huntington National Bank
HOTWORX
Planet Fitness
Starbucks
Caribou Coffee

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R01-09-16-127-010
  • R01-09-16-127-666
  • R01-09-16-127-009
Land Assessment
$344,137 CAD
Improvements Assessment
$1,829,315 CAD
Total Assessment
$2,173,452 CAD
  • Listing ID: 38529718

  • Date on Market: 2025-11-21

  • Last Updated:

  • Address: 1720 Bassett Dr, Mankato, MN 56001

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