221 East Hickory Street, Mankato, MN for sale

Investment Overview

Offered at $3,450,000, 221 East Hickory Street presents a rare opportunity to acquire a high-quality office and data infrastructure facility in the heart of downtown Mankato, Minnesota. Originally constructed in 1963 and continually upgraded to support modern telecommunications and technology users, the ±28,000 SF Class A building is positioned on a ±0.75-acre site with efficient site circulation and on-site parking. The asset is home to Consolidated Communications’ Mankato data center operations, featuring raised floor environments, redundant power, and robust HVAC and life-safety systems designed for always-on network and equipment reliability. Existing improvements, including secure cabinet space, resilient power distribution, and advanced fire suppression systems, support tenants with high uptime requirements and significantly reduce near-term capital needs for an incoming owner. With a combination of functional office areas, secure technical spaces, and flexible floor plates, the property can accommodate a range of occupiers—from telecommunications and ISP users to technology, professional services, and public-sector tenants. Investors benefit from immediate cash flow potential and long-term value preservation tied to the building’s specialized infrastructure, strategic downtown positioning, and limited supply of comparable mission-critical facilities in the regional market.

Investment Highlights

• ±28,000 SF office and data center facility.
• Anchored by mission-critical telecom/data operations.
• Robust power, HVAC, and life-safety systems in place.
• Downtown Mankato location with on-site parking.