For Sale

Old Town Mankato Mixed-Use Investment - 512-523 North Riverfront

521 - 523 North Riverfront Drive,
Mankato, MN 56001

Asset Snapshot

Full Service
Retail Subtype
1896
Year Built
0.16 Acres
Land Area

Offering Summary

Investment Overview

Offered for sale through a leading regional advisor, this commercial offering presents an institutional-ready investment or owner-user acquisition. The asset enables capital-efficient entry into a high-growth region, with upside through operational enhancement, leasing convergence or repositioning. Whether structured as a value-add acquisition or a long-term hold, the property aligns with 1031 exchange criteria and offers flexibility for sale-leaseback, owner occupancy or redevelopment. Leveraging the full-service capabilities of a local brokerage and management platform, the transaction is supported by integrated advisory, market intelligence and asset management services—enabling investors to scale in Southern Minnesota with confidence. Ideal for institutional, private-equity or strategic investors seeking a core-plus, commercial real estate investment ready for turnkey execution.


Investment Highlights

  • Mixed-Use Investment
  • Professional Leasing/Management in Place for Passive Investment
  • Long-Term Stability + Excellent Rental History
  • 4 Residential Units (1:1)
  • 2 Commercial Spaces - Established Local Brands
  • Seller Financing Potential

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$735,000
Asking Price

Investment Sales Brokers

David Schooff
NAI North Star
David Schooff
NAI North Star