1000 N River Drive, North Mankato, MN 56003
Nicollet County
Key Facts
Description
Industrial Building for Sale – Prime Investment Opportunity This well-maintained 5,440 sq. ft. industrial building offers a strong investment opportunity with two fully leased spaces and established tenants. Space #1 – 3,662 sq. ft. (Leased to Renters Warehouse) Two large private offices Kitchen/lounge area Private restroom Spacious garage with an overhead door and ample storage Space #2 – 1,763 sq. ft. (Leased to D & K Garage) Contains a rented apartment for additional income With a solid rental history and versatile industrial spaces, this property presents an excellent opportunity for investors seeking stable income.
Property Information
Property Type
Commercial Sale
Year Built
1959
Days on Market
320
MLS® Listing#
7036746
Property Features
Heating
Construction
Roof
Sewer
Water Source
Schools
- District:
- Mankato #77
Financial Details
Annual Taxes
$5,937
Tax year 2026
Parcel Number
18.557.3490
Affordability Calculator
$65,000
Estimated monthly payment
$1,730/mo
Principal $260,000 · Est. interest $362,723 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in North Mankato, MN
- $395,890
- Median Listing Price
- 82
- Median Days on Market
- 2,072
- Median Sq Ft
- $187
- Median Price / Sq Ft
- 658
- Active Listings
- This home’s price is 18% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in North Mankato, MN.
Location
- 1000 N River Drive, North Mankato, MN 56003
Points of Interest in North Mankato, MN
Showing the North Mankato area map.
Nearby Schools
RSL Elementary School
Elementary · 0.3 mi away
Garfield Elementary School
Elementary · 0.4 mi away
Monroe Elementary School
Elementary · 0.5 mi away
Grace Baptist Church
School · 0.6 mi away
Franklin Elementary School
Elementary · 0.7 mi away
Immanuel Lutheran School
School · 0.7 mi away
Immanuel Lutheran Church-CLC
Elementary · 0.7 mi away
Prairie Winds Middle School
School · 1.0 mi away
Mankato Area Public Schools
Secondary · 1.0 mi away
Ive Seminary High School
Secondary · 1.0 mi away
Kato Public Charter School
Secondary · 1.1 mi away
5c's Preschool
School · 1.2 mi away
Schools-Mankato Area Public Schools-District No 77 Special Education
School · 1.3 mi away
Futures Program
School · 1.3 mi away
Loyola Catholic School
School · 1.5 mi away
Mankato West High School
Secondary · 1.5 mi away
Central High School
Secondary · 1.5 mi away
Washington Elementary
Elementary · 1.7 mi away
Roosevelt Elementary School
Elementary · 1.7 mi away
Jefferson Elementary
Elementary · 1.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 414 Madison Avenue, Mankato, MN | $228,000 | 6 | 2 | 2,031 |
| 214 Marshall Street, Mankato, MN | $229,900 | 4 | 2 | 2,068 |
| 214 Marshall Street, Mankato, MN | $229,900 | 4 | — | 2,068 |
| 406 W Lewis Street, Mankato, MN | $230,000 | 2 | — | 1,548 |
| 406 W Lewis Street, Mankato, MN | $230,000 | 2 | 2 | 1,548 |
| 993 Kennard Street, North Saint Paul, MN | $232,330 | — | — | — |
Moving Cost Estimate
EXIT Agents in North Mankato
Listing Courtesy: LANDMARK REAL ESTATE