921-931 Madison Avenue Mankato, MN

Location

921-931 Madison Avenue Mankato, MN

Asking Price

$3,085,000

Overview

Finished Square Feet 0
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Bathrooms
Garages stall(s)
School District
Type Commercial
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Description

Hilltop Plaza consists of two commercial buildings located at 921/931 Madison Ave. one of Mankatos busiest streets. It is next to Community Bank. Traffic Counts of 30, 000 VPD at the intersection of Madison & Dane make it a highly visible location. It is only 1 block away from Mayo Clinic Health Systems & Hospital as well as Mankato Clinic. Building 1 is a 8, 322 SF brick commercial building that was built in 2015 and is a two tenant building. Space #1 is a 2, 859 SF space occupied by the tenant Aerotek. This space has a high level build-out including in-floor heat, high ceilings and 8 high doors. There is a 5, 463 SF space that was occupied by Med Express and is now available for lease which an owner/user could move into. It has a high-level medical build-out that is only 3 years old and would cost over $1 million to build today. It is úturn-key. Building 2 is a 8, 000 SF 3 story building plus a lower level. The 3 rd floor consists of three 1 bedroom apartments that have all been recently remodeled. Second Floor: Recently converted from apartments to commercial office space that is currently occupied by multiple commercial tenants including Century 21 Landmark Commercial. There are a total of 10 offices, a conference room and two restrooms. First Floor: The main level has a reception area, two restrooms, a conference room, a kitchenette and 8 private offices. One of the offices is 18 x 12 while the rest are approximately 10 x 12. All but 1 office has a window. This level has forced air natural gas heat. Lower Level: This level has one separate Tenant space of about 800 space currently occupied by New York Life. The space has a private office, a reception area and a cubicle area with room for file cabinets. In addition to the tenant space there is a conference room, two bathrooms, 3 storage rooms and a mechanical room. Parking: There is parking along the south and west side of the building as well as a parking lot across the alley that has 15 stalls.