821 N Riverfront Dr
Mankato, MN 56001

Great potential for redevelopment of the site at the corner of hard intersection as well as an opportunity to acquire an area staple with real estate and business operations of a tunnel car wash and detailing services. This tunnel car wash has no competition within its immediate area offering an opportunity to acquire an unbranded tunnel car wash and rebrand it. Located just one mile south of the four lane highway 14 at the corner of a fully signalize intersection of two main arteries to the city with high exposure and traffic counts nearing 30,000 VPD at the intersection. In addition, Property includes long term lease for a billboard signage. Tenant fully responsible for maintenance and upkeep including real estate tax reimbursement. The property also has the potential to increase NOI through market rents of a vacant 1,500 sq ft 3bed bed 2 ba apartment in upper level. This property is situated on a .36 acre site and it is zoned B-1 Community Business District and is located in an Opportunity Zone.