Contacts

Brenden Olson

NAI North Star

Property Details

Property Type Retail - Street Retail
Property Size 3,264 SF
Lot Size 0.06 Acre
Year Built 1941
Date Updated May 14, 2026

117 E Washington Street is positioned in Mankato’s Old Town neighborhood, a character-filled commercial pocket just off the main downtown grid. The site combines a clean, updated storefront along E Washington with rear alley access for parking and loading, giving an owner both curb appeal and practical functionality. Businesses here benefit from steady local traffic, proximity to downtown amenities, and quick connections to major city routes, making this a strong home base for a retail, showroom, or service user.117 E Washington Street is positioned in Mankato’s Old Town neighborhood, a character-filled commercial pocket just off the main downtown grid. The site combines a clean, updated storefront along E Washington with rear alley access for parking and loading, giving an owner both curb appeal and practical functionality. Businesses here benefit from steady local traffic, proximity to downtown amenities, and quick connections to major city routes, making this a strong home base for a retail, showroom, or service user.

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Highlights

Existing front tenant on gross lease; seller open to short-term leaseback on rear space for bridge income
Recent upgrades to roof, HVAC, electrical, plumbing, insulation, and interior finishes reduce near-term capex
Strong owner-user opportunity for trades, motorsports/outdoor, boutique retail, or studio looking to own their real estate
Two overhead doors and paved rear drive for loading, small-fleet parking, and easy deliveries
Updated Old Town flex/retail building with modern showroom, shop area, and lower-level storage