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About This Home

This 7-bedroom, 0-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.

Agent 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.

Key Features

  • Built in 1896
  • 0.18 acre lot

Property Details

1896

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

Features & Amenities

Exterior Features

Brick/Stone

Property Details

Parking

Other

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 7-bedroom, 0-bathroom commercial at 235 - 237 Belgrade Avenue is listed at $2,600,000. The estimated monthly payment is $11,267 based on 20% down at 6.5% interest.

Key features include: Built in 1896, 0.18 acre lot. Exterior Features: Brick/Stone.

This property is listed by Shawna L. Wolfe and can be reached at 5074201877 or swolfe@kw.com.

SW

Shawna L. Wolfe

Agent at Keller Williams Premier Realty

(507) 420-1877

Listed by Keller Williams Premier Realty · View on Broker Site

MLS# 7000269· Source: listhub· Updated 119 days ago

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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