59100 Madison AveMankato, MN 56001

Property Details for 59100 Madison Ave

Lot size

19.00 AC

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 19-acre commercial and industrial land parcel presents a unique investment opportunity in Mankato, Minnesota. Strategically located on 59100 Madison Ave, Mankato, MN 56001, this property boasts unparalleled visibility due to its proximity to major thoroughfares: US 14 (17,000 ADT), CSAH 12 (3,400 ADT), and County Road 17 (5,300 ADT), as well as the new Adams Street extension. The site is situated on the thriving east side of Mankato, adjacent to a new residential subdivision across County Road 17, ensuring high traffic and excellent exposure. Further enhancing its appeal is the recent opening of a truck stop at the intersection of CSAH 12 and Adams Street, creating a dynamic and high-traffic commercial environment. The land is priced at $1,691,000, translating to $2 per square foot. While deferred water and sewer assessments totaling $217,421.75 are in place along the north and east property lines, this presents a significant advantage for future development. This property is ideal for a wide range of commercial and industrial uses, offering substantial potential for growth and return on investment in a rapidly developing area of Mankato. The Blue Earth County location provides access to a strong workforce and established infrastructure. This is a rare opportunity to acquire a large, well-located parcel in a thriving market.

Location Insight

City

Mankato

County

Blue Earth

State

Minnesota

Latitude

44.1678

Longitude

-93.9202

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