Riverfront Drive Investment - 329 N.
Market Price
329 N Riverfront Dr, Mankato, MN 56001
3,168 sqft
Building Size
0.0613 acres
Lot Area
Details:
Highlights:
- 100% Occupancy with long rental history
- 3-Unit Property
- New Roof (2020)
- New Air Conditioner
- $150,000+ interior improvements in last 10 years
Description:
Own a piece of Mankato's history downtown. This mixed-use property has one of Mankato's longest running coffee shops and two 1-bedroom apartments on the second level. With an excellent rental history, the property's tenants are fully vetted with background and credit checks and has room for value-add improvements for an ambitious owner. New roof in 2020 and new AC unit being added now. Retail tenant's lease is Modified Gross with 2 years left in the term.
Located in the historic old-town district, this property is surrounded by arts + culture. Known for it's local boutiques, cafes and art/event scene - Riverfront Drive connects local brands to the City Center. Riverfront Drive is a primary artery, running from 4-lane Highway 14 and intersecting with US-169.
Documents:
| Title | ||
|---|---|---|
| 329_Riverfront_Drive_Sale_Brochure.pdf | ||
| 329_Riverfront_Drive_Sale_Brochure.pdf |
Location
Gallery
