929 N 4th St, Mankato, MN 56001

This property is located off North 4th Street, just one block north of main thoroughfare, Madison Avenue. The building faces the corner of North 4th Street and East Lafayette Street, and sits off a small frontage road with a grassy boulevard. North 4th Street is a one-way connection to the City Center and hilltop arteries such as Adams Street (River Hills Mall) and Madison Avenue (Hilltop Business District). The property is situated in a residential neighborhood just blocks from Franklin Elementary, Tourtellotte Park and Swimming Pool and other retail and office users along Madison Avenue.
This property has been home to a local nonprofit, serving as offices and a basement/walk-out recreation center with a full kitchen. The building was originally constructed as a church in 1920 with stained glass windows, a bell tower and a grand corner stoop leading to the upstairs meeting room. The property also comes with a small cold storage shed and driveway. The interior has ample common space and room for additional offices. Seated on a small frontage street off the boulevard, the neighborhood is well maintained with mature trees but near City Center businesses.
The basement did undergo some water damage last summer and would need sheetrock and floor patching. Utilities are in good condition and recent ADA upgrades have been made to the ground floor restroom.

Priced to sell, this property would make a terrific affordable office space, small church or can be repurposed as a future residential investment.

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