235 - 237 Belgrade Avenue, North Mankato, MN 56003
Nicollet County
Key Facts
Description
Premier Mixed-Use Property | Modern Retail Space + Five Luxury ApartmentsDiscover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as conveniencefor on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.
Property Information
Property Type
Commercial Sale
Year Built
1896
Lot Size
0.18 acres
Lot Dimensions
50.01x155.15
Zoning
Business/Commercial
Days on Market
117
MLS® Listing#
7000269
Property Features
Cooling
Heating
Parking
Sewer
Water Source
Financial Details
Annual Taxes
$40,918
Parcel Number
188020130
Directions
Range left on Belgrade building on the right.
Affordability Calculator
$520,000
Estimated monthly payment
$13,838/mo
Principal $2,080,000 · Est. interest $2,901,785 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 557% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in North Mankato, MN.
Location
- 235 - 237 Belgrade Avenue, North Mankato, MN 56003
Points of Interest in North Mankato, MN
Showing the North Mankato area map.
Nearby Schools
Garfield Elementary School
Elementary · 0.3 mi away
Prairie Winds Middle School
School · 0.4 mi away
Mankato Area Public Schools
Secondary · 0.4 mi away
Monroe Elementary School
Elementary · 0.4 mi away
RSL Elementary School
Elementary · 0.4 mi away
Immanuel Lutheran School
School · 0.5 mi away
Immanuel Lutheran Church-CLC
Elementary · 0.5 mi away
Ive Seminary High School
Secondary · 0.6 mi away
Kato Public Charter School
Secondary · 0.7 mi away
Franklin Elementary School
Elementary · 0.8 mi away
Central High School
Secondary · 0.9 mi away
Mankato West High School
Secondary · 0.9 mi away
Roosevelt Elementary School
Elementary · 1.1 mi away
Jefferson Elementary
Elementary · 1.2 mi away
Risen Savior Lutheran School
School · 1.3 mi away
Bridges Community School
School · 1.3 mi away
Grace Baptist Church
School · 1.3 mi away
Schools-Mankato Area Public Schools-District No 77 Special Education
School · 1.4 mi away
Futures Program
School · 1.4 mi away
Washington Elementary
Elementary · 1.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4 W Bay Lane, North Oaks, MN | $1,995,000 | 6 | 10 | 10,838 |
| 4 W Bay Lane, North Oaks, MN | $1,995,000 | 6 | 10 | 10,838 |
| 9 Red Forest Way, North Oaks, MN | $2,700,000 | 7 | 7 | 8,230 |
Moving Cost Estimate
EXIT Agents in North Mankato
Listing Courtesy: Keller Williams Premier Realty - 5074244422
Presented by: Shawna L. Wolfe