1565 Tullamore StMankato, MN 56001

Property Details for 1565 Tullamore St

Year built

2013

Lot size

1.03 AC

Property size (Sq ft)

10,324 SF

Property type

Retail space

APN

R01.09.09.354.003

APU

R010909354003

Description

This exceptional freestanding retail property at 1565 Tullamore Street in Mankato, Minnesota, offers a prime opportunity for businesses seeking high visibility and ample space. The 10,324 square foot building, constructed in 2013, sits on a 1.44-acre lot and boasts a convenient single-story design. Currently, 3,600 square feet of retail space is available, divisible into units as small as 1,800 square feet and with a maximum contiguous space of 3,600 square feet, providing flexibility for various business needs. The property features 65 surface parking spaces, ensuring convenient access for customers and employees. Its location provides excellent visibility, directly on Madison Avenue, a key thoroughfare in Mankato. The building's floor area ratio (FAR) is 0.16. The property's parcel number (APN) is R01-09-09-354-009. This is an ideal location for businesses seeking high traffic and strong brand exposure in a thriving Mankato market. The property is zoned for retail use and offers a unique opportunity to establish a strong presence in a desirable area. The building's single-story design and ample parking make it highly accessible and user-friendly. With its strategic location and flexible space options, this property presents a compelling investment opportunity. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,498,183

  6.5%

  $2,306,015

  7%

  $2,141,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,327,881

  Geo Method

  $1,327,881

• Alternative Use

  Use

  Valuation

  Residential

  $1,945,210

  Hospitality

  $1,781,802

  Educational

  $1,482,438

  Medical

  $1,533,422

  Retail

  $2,306,015

Location Insight

City

Mankato

County

Blue Earth

State

Minnesota

Latitude

44.1675

Longitude

-93.9661

CBSA code

31860

CBSA name

MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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