$2,000,000
Mankato, MN 56001
MLS# 6517146
1 / 6
Property Description
3.04 acres Zoned B3 HWY Commercial. Ideally located at the corner of Hoffman and CSAH 12, just East of the Hoffman HWY 22 connection, on the rapidly developing east side of Mankato. Positioned at the head of an attractive commercial, retail, high density, and fine residential development, the traffic Study reveals ADT to soar from 4,000 daily vehicles now to 7880 Daily. Proposed mixed use with up to 61 residential units. This purchase may be combined with the adjacent B3 finished lot, or the adjacent 19 acres zoned OR for wide variety of development and investment uses, approved for up to 649 apartment units. Finished lot, assessments included, shovel ready late Sept. 2024. Other lots for sale, may be combined.
Details
Maps
Contract Information
Digitally Altered Photos: No
Status: Active
Contingency: None
Current Price: $2,000,000
Original List Price: 2000000
ListPrice: 2000000
List Date: 2024-04-08
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 3.04 acres
Acres: 3.04
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: Proposed B1 L2 to be created by splitting R430915400009 and R430915400003.
Listing City: Mankato
Map Page: 999
Municipality: Mankato
School District Phone: 507-387-1868
House Number: TBD XX
Street Name: Brink Trail
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Property ID Number: 0000000000
Tax Year: 2024
In Foreclosure?: No
Tax Amount: 5215
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 3.04 acres Zoned B3 HWY Commercial. Ideally located at the corner of Hoffman and CSAH 12, just East of the Hoffman HWY 22 connection, on the rapidly developing east side of Mankato. Positioned at the head of an attractive commercial, retail, high density, and fine residential development, the traffic Study reveals ADT to soar from 4,000 daily vehicles now to 7880 Daily. Proposed mixed use with up to 61 residential units. This purchase may be combined with the adjacent B3 finished lot, or the adjacent 19 acres zoned OR for wide variety of development and investment uses, approved for up to 649 apartment units.
Finished lot, assessments included, shovel ready late Sept. 2024. Other lots for sale, may be combined.
Directions: Intersection of Hoffman Road and County Rd 12
Assessments
Assessment Balance: 1251
Tax With Assessments: 6166
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 26
Section#: 015
Township#: 108
Property Features
Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Underground Utilities Available; Water Available
Development Status: Site Plan Approved
Improvements: Paved Streets; Storm Sewer
Internet Options: Cable; Fiber Optic
Land Inclusions: OTHER; Soil Test Available; Survey; Topographic Map
Lot Description: Underground Utilities
Restriction/Covenants: Planned Urban Development (PUD)
Road Frontage: Private Road
Road Responsibility: Private Maintained Road
Sale Options: Other; Sell Entirely
Sellers Terms: Cash; Conventional; Other
Topography: Level
Listing Office: RE/MAX Advantage Plus
Last Updated: April - 24 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.
