500 South Broad Street

For Sale

500 S Broad St, Mankato, MN 56001

This Mankato property for sale is located at 500 S Broad St. The current listed sale price for 500 South Broad Street is $455,000. 500 South Broad Street is situated on a lot that is 0.11 acre in size.

Contacts

Rosie Brunmeier

Coldwell Banker Commercial Fisher Group

Property Details

  • Property Type Office - General Office
  • Property Size 2,345 SF
  • Lot Size 0.11 Acre
  • # of Floors 1
  • Year Built 1973
  • Year Renovated 2022
  • Date Updated May 18, 2026
500 South Broad Street is a three-tenant office and service building totaling 2,345 square feet and currently fully leased. Built in 1973 and renovated in 2022, the property offers stable occupancy and recent building updates including a new furnace and air conditioning system (2022) and a metal roof installed in 2014. The building is well suited for investors seeking an income-producing asset or a future owner-occupant opportunity. The property benefits from a long-term parking arrangement through a City of Mankato approved leasehold agreement on the adjacent parcel. Under this agreement, the owner retains parking privileges while avoiding the cost of ownership for the additional parcels.
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Highlights

  • Adjacent Parking Available
  • Fully Leased Three-Tenant Investment Property
  • High-Visibility Corner Location In Downtown Mankato
  • Located at the corner of South Broad Street and Cherry Street in downtown Mankato, this property sits within a well-established commercial district surrounded by professional offices, financial institutions, retail businesses, churches, and nearby residential neighborhoods. The location provide...

Getting around

  • 87/100

    Walk Score ®

  • 79/100

    Bike Score ®

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Location

  • City Mankato, MN
  • Zip Code 56001

Points of Interest

  • Hy-Vee Gas

    0.26 miles

  • Kwik Trip

    0.54 miles

  • Cenex

    0.59 miles

  • Circle K

    1.29 miles

  • Speedway

    1.29 miles

  • Happy Dan's Gas Station

    1.65 miles

  • Casey's General Store

    1.97 miles

  • Tesla Destination Charger

    2.47 miles

  • Cherry Street Parking Ramp

    0.12 miles

  • City Center Ramp

    0.18 miles

  • Mankato Place Ramp

    0.22 miles

  • Civic Center Ramp

    0.31 miles

  • Lot 17

    0.76 miles

  • Park

    0.82 miles

  • Lot 18

    0.84 miles

  • Lot 14

    0.84 miles

  • Lot 15

    0.91 miles

  • Lot 16

    0.93 miles

  • Hilton Garden Inn Mankato Downtown

    0.25 miles

  • Mankato City Center Hotel

    0.34 miles

  • AmericInn

    1.34 miles

  • Norwood Inn

    1.37 miles

  • Coratel Inn & Suites

    1.75 miles

  • Days Inn

    1.82 miles

  • Riverside Suites

    1.92 miles

  • River Hill Motel

    2.28 miles

  • Courtyard Mankato

    2.50 miles

  • Microtel Inn & Suites by Wyndham Mankato

    2.55 miles

  • Hy-Vee

    0.26 miles

  • Cub Foods

    0.65 miles

  • Madison East Center

    1.68 miles

  • Belle Mar Center

    1.69 miles

  • ALDI

    2.11 miles

  • Raintree Mall

    2.38 miles

  • River Place

    2.57 miles

  • JCPenney

    2.59 miles

  • River Hills Mall

    2.60 miles

  • Walmart Supercenter

    2.66 miles

Contact Listing Broker
Rosie Brunmeier

Coldwell Banker Commercial Fisher Group

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