428 Park Lane, Mankato, MN 56001

$1,813.50
Property Type: Commercial Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $1,813.50 List Date: 5/13/2024 Last Modified: 6/08/2025

Overview

Description

If you are looking for warehouse space that includes private offices and reception area, look no further! This property has 2 private offices, reception area, 2 bathrooms, and an open warehouse space. Front office area is approximately 650 SF with approximately 2700 SF of open warehouse. Currently 1 10x10 OHD with option to open up a 2nd. The warehouse has 2 radiant overhead heaters. Current tenant vacates Dec 2024.

Listing Details MLS# 6535630

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Year Built
1974
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3348
For Sale or Lease
For Lease
Acres
0.15
Lot Dimensions
50x132
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None CMU Style: Warehouse Construction Status: Previously Owned Current Use: Commercial Exterior: Block Fuel: Natural Gas Heating: Forced Air; Radiant Lease Details: Triple Net On Site Utilities: None Available Overhead Door Clearance: 10-14 Feet Owner Pays: Taxes Parking Characteristics: More Parking Offsite for Fee Rent Rate per Foot: Per Foot Road Frontage: City Street Roof: Rubber Sewer: City Sewer - In Street Stories: One Water: City Water - In Street

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-08-12
Closed Date
2024-08-08
Sales Close Price
1813.5
Original List Price
8
Contingency
None
ListPrice
8
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
428
Street Name
Park
Street Suffix
Lane
Postal City
Mankato
County
Blue Earth
State
MN
Zip Code
56001
Complex/Dev/Subdivision
West Mankato - Original Town

Assessments

Assessment Balance
115
Tax With Assessments
3852

Building Information

Building Finished SqFt
3348

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Lease Expiration Date
2024-12-31
Triple Net
Yes

Lock Box Type

Lock Box Source
RASM

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Height
10
Garage Door Width
10
More Parking Offsite for Fee
Yes

Sale Options

Sale Includes
Other

Unit 1

Unit Number
Yes
Half Baths
2
Total Bathrooms
2
Unit Total SqFt
3350
Lease Expiration Date
2024-12-31

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Listing City
Mankato
Map Page
999
Municipality
Mankato
School District
Mankato
School District Phone
507-387-1868
Zip Plus 4
2250
Property ID Number
R010813161007
Tax Year
2024
Tax Amount
3737
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
If you are looking for warehouse space that includes private offices and reception area, look no further! This property has 2 private offices, reception area, 2 bathrooms, and an open warehouse space. Front office area is approximately 650 SF with approximately 2700 SF of open warehouse. Currently 1 10x10 OHD with option to open up a 2nd. The warehouse has 2 radiant overhead heaters. Current tenant vacates Dec 2024.
Directions
South Riverfront Drive to Park Lane

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Radiant
Yes

Owner Pays

Taxes
Yes

Road Frontage

City Street
Yes

Roof

Rubber
Yes

Sewer

City Sewer - In Street
Yes

Stories

One
Yes

Water

City Water - In Street
Yes

On Site Utilities

None Available
Yes

CMU Style

Warehouse
Yes

Current Use

Commercial
Yes

Overhead Door Clearance

10-14 Feet
Yes

Rent Rate per Foot

Per Foot
Yes
IDX
Listing Office: True Real Estate
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.