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2401 N. Riverfront Dr. - N. Riverfront Development 3.94 Acres of Commercial Land Offered at $279,044 CAD in Mankato, MN 56001

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INVESTMENT HIGHLIGHTS

  • High visibility
  • Turn lanes from both directions with curb cut in place.
  • Easy access to Hwy. #14

EXECUTIVE SUMMARY

Located at the intersection of US Hwy 14 and North Riverfront Drive, this high-profile corner is one of Mankato’s busiest and most visible commercial hubs, with more than 47,000 vehicles passing through daily. The area is surrounded by a strong mix of retail, dining, office, and service-oriented businesses, making it a natural draw for both local residents and regional shoppers. Its position along a key highway corridor ensures excellent connectivity and accessibility, while the concentration of nearby commercial and residential growth makes it an attractive location for retailers, restaurants, or offices seeking strong customer traffic and brand exposure in a thriving trade area.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $1,527 $387.60
Operating Expenses - -
Total Expenses $1,527 $387.60

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $1,527
Annual Per AC $387.60
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $1,527
Annual Per AC $387.60

PROPERTY FACTS

Price $279,044 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Bank
  • Daycare Centre
  • Self Storage
Total Lot Size 3.94 AC
Cross Streets Hwy. #14
Zoning Transitional - Transition

1 LOT AVAILABLE

Lot 1

Price $279,044 CAD
Price Per AC $70,823.46 CAD
Lot Size 3.94 AC

Two parcels approximately 3.94 acres total. One plus acre buildable on Riverfront. Survey attached.

DESCRIPTION

Close to the Hwy. #14 and N. Riverfront interchange with new roundabouts and access to the site from both the north and south directions. there are enhanced pedestrian accommodations with ADA trail frontage. This is the former location of the Colony Supper Club. Super high traffic, high visibility optimal opportunity to develop and grow your business! Call Kev today!

  • Listing ID: 38087444

  • Date on Market: 2024-07-31

  • Last Updated:

  • Address: 2401 N. Riverfront Dr., Mankato, MN 56001

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