235 - 237 Belgrade Avenue North Mankato, MN $ 2,600,000
235 - 237 Belgrade Avenue
$ 2,600,000
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235 - 237 Belgrade Avenue

North Mankato, MN, 56003
$ 2,600,000
Bedrooms7 Baths8.0 Sq 7,846

Monthly Estimate*

$ 17,958

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Commercial Property for sale in North Mankato, MN

for $2,600,000 with 7 bedrooms and 8 full baths. This 7,846 square foot building was built in 1896 on a lot size of 0.18.

Premier Mixed-Use Property | Modern Retail Space + Five Luxury ApartmentsDiscover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as conveniencefor on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

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Commercial Active

Price

$ 2,600,000

Bedrooms

7

Full Bath

8

Property Type

Commercial

Taxes

$ 40,792

Style

Lot Size

0.18

Year Built

1896

Town/City

North Mankato

County/Region

Nicollet

MLS | Web ID

7000269

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate
Garage Spaces 0
Year Built 1896
Tenant Pays All Utilities
Levels Three Or More
Tax Year 2025
Current Use Professional Service
Accessibility None
County Nicollet
New Construction N
Property Type Commercial Sale
Contingency None
Directions Range left on Belgrade building on the right.
City North Mankato
High School District Mankato
Zoning Description Business/Commercial
Number Of Units Total 6
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 40792
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Other
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.18
Building Area Total 7846
Lot Dimensions 50.01x155.15
Waterfront Y/N N
Foundation Area 1896
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Interior
Basement (Y/N) N
Total Bedrooms 7
Total Baths 8
Fuel Natural Gas
Garage Square Feet 0
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Internal Only
Street Number 1 235
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

swolfe@kw.com

Email

Affordability Calculator

$21,357
Per Month
84%
16%
0%
Monthly Principal & Interest
$17,958
Monthly Property Taxes
$3,399
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$2,600,000 Listed Price

Map


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235 - 237 Belgrade Avenue, North Mankato, MN, 56003 is a Commercial Property for sale at $2,600,000 with 7,846 sqft and a lot size of 0.18. 235 - 237 Belgrade Avenue has 7 bedrooms, 8.0 baths, and was built in 1896. The property's zip code is 56003 which is in North Mankato, MN