About This Home

This 7-bedroom, 8-bathroom commercial at 235 - 237 Belgrade Avenue in North Mankato, MN is listed for $2,600,000. Built in 1896, on a 0.18 acres lot.

Key Features

  • Built in 1896
  • 0.18 acre lot

Property Details

8 full
1896

Amenities

A/C
Listing 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 decor, 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.

Monthly Cost Estimate

$13,905/mo

20% down · 6.5% · 30 years

Principal$1,880
Interest$11,267
Insurance$758

Estimates only. Actual payments may vary.

Location

235 - 237 Belgrade Avenue

North Mankato, MN 56003

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 7-bedroom, 8-bathroom commercial at 235 - 237 Belgrade Avenue is listed at $2,600,000. The estimated monthly payment is $13,905 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1896, 0.18 acre lot.

This property is listed by Shawna L. Wolfe.

SW

Shawna L. Wolfe

Agent at Keller Williams Premier Realty Rochester

Listed by Keller Williams Premier Realty Rochester · Broker phone: (507) 424-4422 · Broker website

MLS# 7000269· Source: Northstar MLS· 322 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

235 - 237 Belgrade Avenue, North Mankato, MN 56003

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