$685,000
$685,000
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1150 N River DR Mankato, MN 56003
0.69 Acres Lot
Key Details
Sold Price $685,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5194123
Sold Date 04/24/19
Year Built 1984
Annual Tax Amount $13,056
Tax Year 2017
Contingent None
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 30,096
Property Description
The former R&R Tire Building is now for sale. It is located in a high traffic, high visibility location. Over 25,000 cars per day drive past this building. It is 7,220 SF and sits on a .69 acre site. The building is 50’ wide with 4 overhead doors ranging from 12’ to 16’ in height. The sidewalls are 18’ high. There is an office, men's/women's restrooms, a showroom and two large warehouse spaces. There is a small mezzanine space with a kitchenette. It is a steel frame building the entire building could easily be converted to warehouse space by removing the office, showroom, and mezzanine space. This building is located in an Opportunity Zone. The buyer could be eligible for multiple tax benefits and should consult with their accountant. Broker is owner.
Location
State MN
County Blue Earth
Zoning Business/Commercial,Industrial
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Heated Garage, Insulated Garage, Other
Garage Spaces 3.0
Utilities Available Electric Common, Heating Common
Present Use Vacant
Building
Foundation 7220
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Other
Schools
School District Mankato
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