1038 S Victory Drive Mankato, MN $ 220,000
1038 S Victory Drive
$ 220,000
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1038 S Victory Drive

Mankato, MN, 56001
$ 220,000
Baths0.0 Sq 4,680

Monthly Estimate*

$ 1,537

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Studio

Commercial Property for sale in Mankato, MN

for $220,000. This 4,680 square foot building was built in 2021.

For sale: New, 1,560 square foot PERSONAL OR BUSINESS CONDO GARAGE UNITS at 1038 South Victory Drive in Mankato, Minnesota. Dimensions of units are 30 feet wide, 52 feet deep, with 16-foot tall ceilings and insulated partition walls with sheetrock and white liner steel instead of just sheetrock. Each unit has the following included: 14'x14' insulated overhead door with opener, three-foot entry door, and two 3'x3' windows. Exterior perimeter foundation insulation and interior floor perimeter under-slab insulation for energy efficiency. R-25 insulation in walls and R-50 blown-in insulation in ceiling. Exterior wall and roof metal is heavier duty 26 gauge steel versus typical 29 gauge found elsewhere. Concrete footings and five-inch thick concrete floor with trench drain. Drain is connected to flammable waste tank for vehicle storage. Each unit contains a natural gas heater suspended from the ceiling and A/C can be added. Each unit has separate electrical, water, and natural gas meters. Bathroom plumbing is roughed into each unit as well. An allowance of $15,000 is included in the price if the buyer chooses to contract the electrical fixtures, plumbing, and bathroom framing themselves. Each unit has a 100-amp electrical service with fiber optic being available for internet and TV service. Parking area in front of unit has a three-foot-wide concrete apron and pipe bollards on either side of the overhead door and a 30-foot-wide by 32-foot-long asphalt surface connected to a 24-foot-wide road. Possible uses: office, warehouse for plumber, electrician, distributor, storage work shop, investment property. Personal uses for classic cars, boats, RVs, basketball gymnasium, and hobbies can be customized to the owner's needs. Property owners must conform to Mankato code. Businesses that do not require customers inside the property are allowed. Auto repair shops, welding shops, and body shops are not acceptable uses of the properties. Manager lives on site. Built by Skorr Construction, LLC who has been in business for over 50 years. Contact Arlen Skorr at (507) 380-3110 or Craig Skorr at (507) 380-3112 for further information.

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Commercial Active

Price

$ 220,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 734

Style

Commercial

Year Built

2021

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7034344

Features
General
Heating Forced Air
Water City
Sewer City
Status Active ACTIVE
Year Built 2021
Subdivision MN
School District Mankato #77
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Exterior
Exterior Metal
Waterfront No
Construction Type Steel
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Interior
Total Number of Units 3
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* Excluded Features
List By
Landmark Real Estate

Broker

jon@landmarkminnesota.com

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Affordability Calculator

$1,598
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,537
Monthly Property Taxes
$61
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1357867 Elementary School
1357964 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$220,000 Listed Price

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1038 S Victory Drive, Mankato, MN, 56001 is a Commercial Property for sale at $220,000 with 4,680 sqft. 1038 S Victory Drive is a studio with 0.0 baths and was built in 2021. The property's zip code is 56001 which is in Mankato, MN