Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Located on Riverfront Drive in the heart of Mankato’s professional and retail hub
  • Fully leased apartment providing additional income potential.
  • Close proximity to major highways and surrounding commercial attractions
  • Newly installed roof in 2024, ensuring building quality and durability.

Executive Summary

This well-maintained office property at 327 N Riverfront Drive offers an exceptional owner-user investment opportunity in a vibrant, high-visibility location near Mankato’s core business district. Featuring updated finishes, a new roof (2024), and turnkey functionality, the building is suited for immediate occupancy or customized use. With four private offices, a large reception area, and a fully leased apartment providing supplemental income, the property combines operational flexibility with potential long-term value. Situated along Riverfront Drive, it benefits from strong connectivity to nearby retail, professional services, and major routes including US-169. Priced at $499,000, it represents an outstanding acquisition option for investors or businesses seeking ownership in a growing regional market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,180 SF
Building Class
C
Year Built
1871
Price
$687,612 CAD
Price Per SF
$216.23 CAD
Percent Leased
3%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.08 AC
Zoning
CBD-F, - Central Business
Parking
11 Spaces (3.46 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,540 SF
  • Retail
  • -
  • Now

327 N Riverfront Drive offers 1,540 SF of professionally finished office space designed for convenience and productivity. The space includes a welcoming reception area, private offices, and updated interiors, creating a modern environment ready for a variety of uses. Positioned in a centralized location within Mankato, this property provides quick access to major thoroughfares, retail amenities, and civic services. Lease terms and rents are negotiable, making this an adaptable choice for businesses seeking quality space in a highly visible corridor.

Space Size Space Use Position Available
1st Floor 1,540 SF Retail - Now

1st Floor

Size
1,540 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,540 SF
Space Use Retail
Position -
Available Now

327 N Riverfront Drive offers 1,540 SF of professionally finished office space designed for convenience and productivity. The space includes a welcoming reception area, private offices, and updated interiors, creating a modern environment ready for a variety of uses. Positioned in a centralized location within Mankato, this property provides quick access to major thoroughfares, retail amenities, and civic services. Lease terms and rents are negotiable, making this an adaptable choice for businesses seeking quality space in a highly visible corridor.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Huntington National Bank
U.S. Bank
Pita Pit
Hy-Vee
Starbucks
Cub Foods
Farrell's Extreme Bodyshaping

Property Taxes

Property Taxes

Parcel Number
R01-09-07-378-003
Land Assessment
$31,074 CAD
Improvements Assessment
$665,343 CAD
Total Assessment
$696,417 CAD
  • Listing ID: 40566869

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: 327 N Riverfront Dr, Mankato, MN 56001

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}