235 – 237 Belgrade Avenue, North Mankato, MN 56003 (MLS# 7000269)


$2,600,000
235 - 237 Belgrade Avenue
North Mankato, MN 56003
MLS# 7000269
7 beds  |  8 baths


235 - 237 Belgrade Avenue, North Mankato, MN 56003
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Property Description
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.

Details
Maps
Contract Information
Status: Active
Current Price: 2600000
Contingency: None
ListPrice: 2600000
List Date: 2025-12-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1896
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 7
Baths Total: 8
Foundation Size: 1896
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 50.01x155.15
Location Tax and Other Information
House Number: 235 - 237
Street Name: Belgrade
Street Suffix: Avenue
Postal City: North Mankato
County: Nicollet
State: MN
Zip Code: 56003
Assessments
Assessment Balance: 126
Tax With Assessments: 40918
Building Information
Building Finished SqFt: 7846
Building SqFt: 7846
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 201
Monthly Rent: 1550
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Leased?: Yes
Lease Expiration Date: 2026-06-09
No. of 1 Bedroom Units: 3
Unit 2
No. of 2 Bedroom Units: 2
Full Baths: 1
Lease Expiration Date: 2026-05-31
Leased?: Yes
Monthly Rent: 1600
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 202
Unit 3
Full Baths: 1
Lease Expiration Date: 2026-05-08
Leased?: Yes
Monthly Rent: 1500
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 301
Unit 4
Full Baths: 1
Lease Expiration Date: 2026-09-30
Leased?: Yes
Monthly Rent: 1550
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 302
Unit 5
Full Baths: 1
Lease Expiration Date: 2024-10-01
Leased?: Yes
Monthly Rent: 1600
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 237 1/2
Unit 6
Half Baths: 3
Lease Expiration Date: 2026-02-10
Leased?: Yes
Level: Main Level
Monthly Rent: 1500
Total Bathrooms: 3
Total Rooms: 10
Unit Number: 235
Unit Total SqFt: 4196
Unit Details
Total Units: 6
Property Features
Accessible: None
Air Conditioning: Central Air
CMU Style: Apartments and Retail
Construction Status: Previously Owned
Current Use: Professional Service
Exterior: Brick/Stone
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Lock Box Type: None
On Site Utilities: Electric Separate
Parking Characteristics: Other
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: All Utilities
Water: City Water/Connected

Listing Office: Keller Williams Premier Realty

Last Updated: April - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Tuesday 26th of May 2026 12:30 AM

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