1119 Center Street, North Mankato, MN 56003

parkingSpaces 35
|Other
THB ฿136,904,673
USD $3,950,000
Published on: 24 Aug 2024
Last updated on: 10 Nov 2024
1119 Center Street, North Mankato, MN 56003
1119 Center Street, North Mankato, MN 56003
1119 Center Street, North Mankato, MN 56003
+6
1119 Center Street, North Mankato, MN 56003
  • 6
Property ID: 110094129004
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Key property information

Parking Spaces
35

Commercial - North Mankato, MN

1119 Center Street, North Mankato, MN 56003
Key Drivers:  Seasonal Beers: Introducing new seasonal beers in Sampler Packs and limited seasonal releases. Core Beers: Mad Butcher IPA is our leading core brand of total beer sales. Other core brands include Rhuby Rhubarb Sour, Kato Lager, and Organ Grinder Amber Ale. Independent Brewer: 2023 sold 3,761 bbls of beer and listed as the 19th largest independent brewery in MN per the 2023 Brewer’s Association production data. Distribution: 12 partner distributors covering Minnesota, eastern North Dakota, easter South Dakota and northern Iowa. Events and Promotions: Hosting events in our brewery taproom has been a great way to support local organizations and provide a space for the public to use. Local Partnerships: Collaborations with local businesses and artists have increased community engagement and sales. Additional Building/Land Information:  Expansion Opportunities: Potential for expanding distribution channels, taproom space, or introducing new product lines. Land: Lot Size 80,891 SF or 1.86 Acres Description: Warehouse/Production Area for General Brewing Area (GBA) with a Bar and Office Space Age: 1976 & 2000 Gross Building Area: 23,875 SF Main warehouse 24-foot sidewalls & 26-foot peak (to insulation) Refrigerated warehouse 18-foot sidewalls & 20-foot peak (includes a 20x24 cooler in this pace) Two loading docks Two overhead doors 14’x14’ from main to outside & 10’x10’ overhead door to refrigerated warehouse. Office Area: 1,644 SF or 7% of GBA Refrigerated Warehouse: 4,200 SF or 18% of GBA Mezzanine Area: (Not Incl. In GBA) 535 SF – 60% Finished Additional Brewing Information:  Brewhouse: The company utilizes a 15-barrel (bbl) brew system and sells its beer products in local and regional restaurants and bars, via beer distributors, as well as at its onsite taproom. Equipment: Assets include brew house, fermenter tanks, hot liquor tank, brite tanks, canning line, keg washer, beer filter, lab equipment, boiler, chiller and refrigeration equipment, bar equipment, furniture, fixtures, and related items. *Minority Owner is a Licensed Real Estate Agent.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
35
Year Built
1976
Architecture Style
Other
Franchise
Century 21 Real Estate
County
Nicollet County
Parcel ID
18.557.2870
Provider
Landmark Realtors LLC
Brokerage Office Name
Landmark Realtors LLC
Brokerage Office Phone
507.345.1599
Neighbourhoods
N MANKATO LOWER
Address
1119 Center Street, North Mankato, MN 56003

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availableMankato #77
HighNot availableMankato #77
JuniorhighNot availableMankato #77
MiddleNot availableMankato #77

Tax History

YearTax amount
2024USD $2664THB ฿92,333*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Peter Borchert
931 Madison Avenue, Mankato, MN 56001
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931 Madison Avenue, Mankato, MN 56001
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      Property ID: 110094129004

      Data provided by Landmark Realtors LLC, MLS #: 7035739
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