For Sale
$2,200,000

1896 Adams St Mankato, MN 56001

High-traffic auto center, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 9,860-square-foot auto center is strategically located in Mankato, Minnesota, at 1896 Adams St., 56001, offering unparalleled visibility and accessibility. Situated on a 0.96-acre lot, this single-building property, constructed in 1996, boasts a prime location adjacent to the River Hills Mall, a major shopping destination attracting over 4.5 million visitors annually. The property's previous use as a tire, battery, and auto shop provides a well-established infrastructure, including a dedicated sales floor, a spacious mechanic shop equipped with eight garage doors, and multiple offices and additional rooms. This high-traffic location benefits from its proximity to US Highway 22 & 14, ensuring excellent exposure to a large customer base. The thriving Mankato-North Mankato MSA, encompassing Blue Earth and Nicollet counties, boasts a population of 103,566, with a broader regional draw of 287,175 people. Mankato's robust economy, fueled by agriculture, healthcare, manufacturing, retail, and higher education, including Minnesota State University, Mankato, contributes to a strong market for this type of commercial property. The city's growth rate significantly outpaces comparable cities, making this a compelling investment opportunity. The asking price for this property is $2,200,000.

Highlights

  • 9,860 SF auto center on a 0.96-acre lot.
  • Located at 1896 Adams St, Mankato, MN 56001, adjacent to River Hills Mall.
  • Previously used as a tire, battery, and auto shop with sales floor, eight-bay mechanic shop, and offices.

Property Details for 1896 Adams St

Property type
Specialty properties
Square Feet
9,860 SF
Year Built
1996
Buildings
1
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Mankato
County
MN
State
Minnesota
Latitude
44.1731808
Longitude
-93.9496287

FAQs

What type of property is this?
Specialty property - High-traffic auto center, prime location.
Where is the specialty property located?
The property is located at 1896 Adams St Mankato, MN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 9,860 SF auto center on a 0.96-acre lot.; Located at 1896 Adams St, Mankato, MN 56001, adjacent to River Hills Mall.; Previously used as a tire, battery, and auto shop with sales floor, eight-bay mechanic shop, and offices.
How can I contact the broker?
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1896 Adams St
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