$1,273,000 SALE
Office Bldg
6,690 SF
40 Good Counsel
Mankato, MN 56001 Multi Tenant Office Building



40 Good Counsel Drive is perched between Highway 14 and Good Counsel Hill. The property is 0.65 acres. There are 2 parking lots with entry to the main floor and the lower floor. Each floor is handicap accessible. There are separate entrances to each lot, one on the west side to access the lower lot and one on the south side to access the upper lot. There is a driveway on the north side of the building that connects the two lots. On the south side of the building there is a WCA monument sign surrounded by well kept landscaping and lawn.


Property Type Office Bldg
Year Built 1998
Renovated Year 2011
Listing ID 337SDL
Style Office Bldg -General
Building Size 6,690 SF
Lot Size 0.65 AC
Property Features
Parking Places: 28
Lot Size: 1/2 - 1 Acre
Age: 21-30 Years Old
Water: City Water
Location: This is a two-story multi-tenant office property that is currently 100% leased. The main floor features a double door entry with a vestibule. Upon entering, you're greeted by reception that includes a small waiting area. On either side of the reception, you can find offices surrounding the perimeter, with a common area co-working space filling the middle. The two suites on the main level exist in the same space and are not clearly split. The lower level features a similar double door entry with vestibule. The lower level is split in half with shared bathrooms and kitchenette in the middle. Near the kitchenette is the utility closet and additional storage. There are two suites in the basement that each feature individual entry. One suite is outfitted as a high-end retail show room, and the second suite is built out as an office with extensive storage capability
Financials
Gross Income: $129,780
Expenses: $19,911
Cash Flow: $18,566
Available Space
Available
Expired
Not Available

Suite: 400

Unit Area
3,000 Square Feet
Rate
$16.00 SF/Year