515 N Riverfront Drive, 160, Mankato, MN 56001

$1,200
Property Type: Commercial Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $1,200 List Date: 3/27/2024 Last Modified: 8/07/2025

Overview

Description

Set up shop in Old Town, a strong, vibrant, bustling community. This flexible space is ideal for your office and studio needs. Located in the heart of Old Town on Riverfront Drive conveniently placed on the first floor in Frost Plaza. The space is approximately 672 SF with a large open area, a private office, and capability for 2 additional. There is a breakroom area with a sink, refrigerator, and storage. Handicap accessible bathrooms are just down the hall. $1200/mo. Gross Lease.

Listing Details MLS# 6509713

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
Yes
Owner Occupied
No
Year Built
1922
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8418
For Sale or Lease
For Lease
Acres
0.44
Lot Dimensions
.44
Garage Stalls
0

Property Features

Accessible: Accessible Elevator Installed; Door Lever Handles; Doors 36"+; Grab Bars In Bathroom; Hallways 42"+ Air Conditioning: Central Air Amenities Unit: Cable Appliances: Refrigerator CMU Style: Apartments and Retail; Office; Other Construction Materials: Block; Brick Construction Status: Previously Owned Current Use: Commercial; Office; Other; Professional Service; Retail Exterior: Brick/Stone Flooring: Luxury Vinyl Plank Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Lease Details: Gross Location Description: Downtown Lock Box Type: Combo On Site Utilities: Electric Common Owner Pays: All Utilities Parking Characteristics: Paved Lot; Uncovered/Open; Other Potential Use: Office; Other; Professional; Retail Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Rubber Sewer: City Sewer/Connected Wall Description: Drywall Water: City Water/Connected Window Features: Double Pane Windows

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-04-25
Closed Date
2024-04-26
Sales Close Price
1200
Original List Price
1200
Contingency
None
ListPrice
1200
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
515
Street Direction Prefix
N
Street Name
Riverfront
Street Suffix
Drive
Unit Number
160
Postal City
Mankato
County
Blue Earth
State
MN
Zip Code
56001
Complex/Dev/Subdivision
Mankato

Assessments

Tax With Assessments
18401
Assessment Balance
0

Building Information

Building Finished SqFt
8862
Building SqFt
15066
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Monthly
Gross
Yes

Lock Box Type

Lock Box Source
RASM
Combo
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
160
Monthly Rent
1200
Total Rooms
4
Level
Main Level

Unit Details

Total Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
E.D. BRUNER PLAT S 22' LT 2, LT 3, LT 4, N 25' LT 5 BLK 19 LYING NE OF LINE BEG W COR BLK 19, NE 133.94', SE 67.50', SW 36', SE 22.41', SW 36', SE 67.50', .44 AC
Listing City
Mankato
Map Page
999
Municipality
Mankato
School District
Mankato
School District Phone
507-387-1868
County Abbreviation
160
Zip Plus 4
3471
Property ID Number
R010907406027
Tax Year
2024
Tax Amount
18401
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Set up shop in Old Town, a strong, vibrant, bustling community. This flexible space is ideal for your office and studio needs. Located in the heart of Old Town on Riverfront Drive conveniently placed on the first floor in Frost Plaza. The space is approximately 672 SF with a large open area, a private office, and capability for 2 additional. There is a breakroom area with a sink, refrigerator, and storage. Handicap accessible bathrooms are just down the hall. $1200/mo. Gross Lease.
Directions
From the North HWY 22 South to Riverfront Drive

Accessible

Accessible Elevator Installed
Yes
Door Lever Handles
Yes
Doors 36"+
Yes
Grab Bars In Bathroom
Yes
Hallways 42"+
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Cable
Yes

Appliances

Refrigerator
Yes

Construction Materials

Block
Yes
Brick
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Flooring

Luxury Vinyl Plank
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Owner Pays

All Utilities
Yes

Parking Characteristics

Paved Lot
Yes
Uncovered/Open
Yes
Other
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Rubber
Yes

Sewer

City Sewer/Connected
Yes

Wall Description

Drywall
Yes

Water

City Water/Connected
Yes

Window Features

Double Pane Windows
Yes

Income and Expenses

Total Annual Expenses
0

No. of Refrigerators

One
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Apartments and Retail
Yes
Office
Yes
Other
Yes

Current Use

Commercial
Yes
Office
Yes
Other
Yes
Professional Service
Yes
Retail
Yes

Location Description

Downtown
Yes

Potential Use

Office
Yes
Other
Yes
Professional
Yes
Retail
Yes
IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: August - 07 - 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.