Map
Listed price in listed location currency (USD).
$700,000

000

MLS® 267041475

Overview

Key Facts

Type Agriculture
Levels Land
Size -
Garage 
Taxes $3,938
Days Active 5
Lot Size 4.85 Acres
Approx. Age 
MLS® Number 267041475

Property Address: 1950 Marie Ln, North Mankato, MN, 56003

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 4.85-acre shovel-ready development opportunity located in the Upper North Mankato area. Zoned R-4 Multiple Dwelling District, the site offers the potential to accommodate a development of approximately 152 units, subject to final plans and municipal approvals. Strategically positioned near South Central College, Hoover Elementary, and Dakota Middle Schools, as well as residential neighborhoods. The property offers excellent accessibility within one of North Mankato's established growth areas. The site is restricted to assisted living and memory care uses, creating a unique opportunity for a senior housing operator or developer seeking a well-located site. Tax Increment Financing (TIF) may also be available, subject to qualification and approval by the appropriate governmental authorities.
MLS® Number267041475
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Map

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