Management Masters LLC Featured Properties

Gorgeous acreage located just north of North Mankato! Development opportunity galore, or the possibility to build the home of your dreams! There is the additional opportunity to farm the land and own your own farm. This lot features all of the joys of country living, with the close convenience of North Mankato. Plenty of mature trees, gentle ravines, creeks, wildlife, and pasture area.

38388 512th St, North Mankato

$4,100,000

7031930 MLS

Great location with quick access to Hwy 22 & Hwy 14. Different plat options available with different price options. Land is currently platted into 4 lots for B3 commercial. An individual lot can be purchased or lot size could be amended to the acreage needed.

TBD N Victory, Mankato

$3,984,000

7033229 MLS

All apartment units are one-story have their own screened in porch, own laundry, off street parking, and garages are available in St. James and Sherburn. 131 9th Avenue North, St. James, MN Nine 1 bedroom apartments Eleven 2 bedroom apartments Eight 3 bedroom apartments 11 Chestnut Street East, Trimont, MN Ten 1 bedroom apartments 201 Osborne Street Norht, Sherburn, MN Six 1 bedroom apartments Eight 2 bedrooms apartments

131 N 9th Avenue, St. James

$3,950,000

4 Beds ⋅ 6 Baths ⋅ 7032725 MLS

***FULLY FURNISHED LAKE HOME RETREAT*** Have you ever wondered what it’s like to have your own retreat on the lake? Well…Allow us to introduce 6202 Shamrock Drive, nestled on the shores of Lake Washington. This immaculate, fully furnished, home spans an impressive 12,000 square feet, is laid with 38,000 king size bricks, and provides a truly opulent living experience! Entering the expansive foyer, you’re greeted with an exquisite chandelier, 20 ft ceilings, and direct access to the entertainment suite of the home. This house is thoughtfully designed for both comfort and convenience. The beautifully crafted limestone fireplace is the heart of the living room, centering the open concept living space that’s highlighted by African Sapele hardwood floors, complimented with crown molding, and gorgeous views of the lake. The main kitchen of the home is equipped with custom cabinetry, and beautiful granite countertops. The adjacent dining area, with its panoramic views of the lake, creates a serene backdrop for memorable dining experiences. The house presents four generously sized bedrooms, each offering a peaceful retreat for you and your guests alike. The primary suite is a sanctuary, featuring your own fireplace by your private patio, a lavish en-suite bathroom with heated polished marble floors, and a spacious walk-in closet and laundry. The additional bedrooms also offer their own en-suite bathrooms, ensuring privacy and comfort for all. As a bonus, this remarkable residence is sold fully furnished. One of the standout features of this suite is its indoor, full-size heated pool, a true retreat of relaxation and entertainment. The pool features water fountains, a diving board, and plenty of natural light pouring through the large windows. The full size second kitchen overlooking the pool and the expansive upper entertainment loft make this the perfect property for leisurely swims and hosting memorable gatherings. The exterior of the property is equally breathtaking. Your own boat on your private dock provides you with direct access to boating and water sports. The meticulously landscaped grounds feature lush greens, manicured lawns, and picturesque views of the water from every angle of the house. This immaculate home on Lake Washington offers an unparalleled combination of sophistication and leisure, presenting you with a unique opportunity to embrace a lavish lifestyle.

6202 Shamrock, Madison Lake

$3,400,000

7032491 MLS

We are pleased to present North Kato Plaza, a 28,895 square foot center anchored by DaVita Dialysis, offering opportunity for investors to add value with the 5,947 square foot of vacancy. The property also offers an owner occupant the opportunity to combine a business with an investment in a prime location. The center was constructed in 2000 sitting on a 3.25 acre site and is located along the four lane Highway 14 and the retail corridor Commerce Drive. The retail corridor includes Snap Fitness, Fantastic Sams, Dollar Tree, Kwik Trip, Wells Fargo, Culvers, MGM, Caribou and recent completion of nearby Starbucks and Chipotle. The large parking lot also offers potential to carve out for additional pad development along the retail corridor Commerce Drive.

1810 Commerce, North Mankato

$3,085,000

7030416 MLS

Hilltop Plaza consists of two commercial buildings located at 921/931 Madison Ave., one of Mankato’s busiest streets with traffic counts of 30,000 VPD at the intersection of Madison Avenue & Dane Street, making it a highly visible location. It is next to Community Bank and only a block from Mayo Clinic Health Systems Hospital and Mankato Clinic. 921 Madison Avenue is an 8,322 SF brick commercial building built in 2015 and has two separate units. Unit #1 is a 2,859 SF space occupied by the tenant Aerotek. This space has a high-level build-out, including in-floor heat, high ceilings, and 8’ high doors. Unit #2 is a 5,463 SF space previously occupied by Med Express and is now available for lease. This “turn-key” space has a high-level medical build-out that is only three years old and would cost over $1 million to build today. 931 Madison Avenue is an 8,000 SF 3-story building plus a lower level. The 3rd floor consists of three 1-bedroom apartments that have all been recently remodeled. The 2nd floor was recently converted from apartments to commercial office space currently occupied by multiple commercial tenants, including Landmark Real Estate. There are nine offices, a conference room, and two restrooms. The main level consists of a reception area, two restrooms, a conference room, a kitchenette, and eight private offices. One of the offices is 18 x 12, while the rest are approximately 10 x 12. All but one office has a window. This level has forced air and natural gas heat. The lower level has one separate tenant space of about 800 SF currently occupied by New York Life. The space has a private office, a reception area, and a cubicle area with room for file cabinets. In addition to the tenant space, there is a conference room, two bathrooms, three storage rooms, and a mechanical room. There is parking along the South and West sides of the building, as well as a parking lot across the alley with 15 stalls. Broker is owner.

921-931 Madison, Mankato

$2,975,000

7030484 MLS

Town Expansion Property!! 89 acres of prime development acres on the East edge of Owatonna less than a mile from the new school.

xxx Hwy 14 E, Owatonna

$2,500,000

7032140 MLS

For Sale: New Opportunity for retail center/multifamily buyers. The Village East strip mall is 22,136 SF while Happy Dan’s is 2,334 SF. This property is 2 miles from Minnesota State University and has value add potential of 30 apartments to be built on top of the retail center. There are 12 commercial tenants in the building giving the new buyer good diversification. The asking price is $2.5 million. The current gross rents for the entire property are estimated at $290,933 for 2023 and a cap rate of approximately 8% “as-is” without adding the apartments. The current operator of Happy Dan’s would continue their operations and lease the building from the new owner. This property has had a very strong rental history and the forecast also looks strong. Call Landmark Real Estate for showings. Rent roll available upon signing a NDA

2132-2160 Hoffman, Mankato

$2,395,800

7031910 MLS

Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, this parcel is neighbored by several newer residential communities and professional service businesses. This lot is zoned in the Office and Residential District which is designed to provide for medium high density mixed development. Potential uses include multi-family development, church/place of worship, child care center, nursing home, dental/medical clinic or other community, recreational or educational use. Agent is related to sellers.

Outlot B Elwin Add 2, Mankato

$2,026,847

7030778 MLS

Prime ground available in the East end of Mankato's newest development area. This area is experiencing great growth with the recent completion of the Mankato Travel Center and soon to join with the completion of Truck Center Companies, Kato Mayflower Storage and others. The parcel offers 16.93 acres with three points of access (Adams Street, CNTY RD 12 & CNTY RD 17/Madison Avenue) with utilities along the north side. The parcel is located with easy access to four lane Highway 14 and the nearby round-about connecting heavily traveled Adams Street @ CNTY RD 12. Potential to parcel into thirds.

TBD Adams, Mankato

$1,762,650

7025935 MLS

This Prime location is located in the rapidly developing east side of Mankato. Near major business locations such as the new Walmart Distribution Center, Fed Ex, Menards and Fleet Farm. With a new frontage road and close proximity to Hwy 22 and Hwy 14 make the property access quick and easy. Located 1/2 east of Wickersham Clinic just past Noah Estates on the right hand side of road.

TBD 227th, Mankato

$1,691,000

7028962 MLS

Great property for any type of business/commercial building on the booming east side of Mankato. New subdivision going in right across county road 17. With visibility from US 14 with over 17,000 ADT, CSAH 12 with over 3400 ADT, County Road 17 with over 5300 ADT the new Adams Street extension this is sure to get the volume needed to succeed. There is a new truck stop that just opened at the intersection of CSAH 12 and Adams Street. Call today with any questions on the property or area. There are Deferred assessments on the property for the water and sewer that run along the north and east side of property. The assessment balance is $217,421.75 West five acres on Adams St have the street completed and would be willing to split. Offer would have to reflect in place road and utilities if split.

TBD E Adams, Mankato

$1,687,598

7032870 MLS

16.21 Acre parcel of land located along a vibrant and busy four-lane highway and the newly extended Adams Street, offering excellent visibility and accessibility for commercial or light industrial use. Its strategic position near a major roadway ensures a constant flow of traffic and provides an ideal platform for businesses looking to establish themselves in a growing and dynamic area. As the area has recently begun developing, there is a sense of excitement and opportunity. New businesses have started to move in, bringing a surge of economic activity and a diverse range of services to the community. Local authorities and municipalities are supporting the growth and development of the area by investing in infrastructure improvements, such as roads and utilities. The presence of the four-lane highway indicates that the region is well-connected and supported by a network of major transportation routes. Given its zoning, the land is ideally suited for a wide range of business types. Potential developments could include manufacturing facilities, warehouses, showrooms or service centers. As the area continues to develop, it presents a promising investment opportunity for those looking to secure a long term stake in a commercial or light industrial hub.

TBD #2 Adams, Mankato

$1,624,350

7031911 MLS

Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Lot 1, Block 2 is zoned in the B-1, Community Business District area and is designed to provide for a broad range of retail developments which are adjacent to residential areas. The district will also accommodate office and institutional uses as well as limited light industry. This parcel is located next to several retail stores and professional service businesses including a large mall, restaurants and banking institutions. Agent is related to sellers.

Lot 1, Block 2 Elwin Addition No. 2, Mankato

$1,567,000

7032911 MLS

Great location with quick access to Hwy 22 & Hwy 14. Land is currently platted for B3 commercial.

TBD Excel, Mankato

$1,539,000

7033012 MLS

114.9 tillable ( as per FSA ) records

0000 State Hwy 4, St. James

$1,520,245

7023061 MLS

Great highway visibility with traffic count at 34,500 per day! 6.98 acres of commercial land on Mankato's Hilltop. Business's near by: Kia Motors, Toyota, Hyundai, Home Depot, Menards, Fleet Farm, Tractor Supply, Discount Tires, Drummers Floral, BW' 3s, Boulder Tap House.

TBD St Andrews, Mankato

$1,495,000

5 Beds ⋅ 7 Baths ⋅ 7033185 MLS

Private Oasis that sits on 2 acres and offers 253 ft. of shoreline on Lake George. This custom, modern 6400 sq. ft. home has everything you need and then some! The design showcases large living areas as well as 5 bedrooms and 8 bathrooms. On the main floor you will be welcomed by a wonderful open foyer with tall ceilings. A convenient powder room is nearby. A wide hallway will take you into the great room/kitchen where you will be breathless from the wall to wall and floor to ceiling windows looking out to the waterfront beyond. This gourmet kitchen features a full sized Sub-Zero refrigerator and another full sized Sub-Zero freezer as well as a 48 inch gas range with double ovens and 2 dishwashers. Concrete countertops and hammered metal lighting pendants add texture to this space. Off the great room there is a cozy hearth room that has a gas fireplace, built-in bar with wine chiller, and lot of windows featuring the foliage of the trees just outside. There are 4 bedrooms on the main floor. Each of the bedrooms has a private or shared bath attached for convenience. Especially charming is the bunkroom which can sleep 12 and shares 2 bathrooms and a lounging niche. The upper level is comprised of one large bedroom, a beautiful 3/4 bath with a skylight, 2 closets, a private balcony that overlooks the great room and offers spectacular views of the lake. The lower level was designed for gathering. There are 2 very large recreation rooms and a spacious theater room. Also located on the lower level are 2 storage areas where you will find an additional washer/dryer and all of the mechanical systems tucked nicely away. The lower level offers an in-floor heating system and walkout access the backyard & lake. This home truly is not done justice with the photos alone and is definitely something you need to experience. Call today for your private showing!

60305 Frankiedankie, Madison Lake

$1,450,150

7029135 MLS

Proposed residential development land. Adjacent to North Mankato city limits. Potential for multiple residential zoning classifications. City ready to work with builder/developer now. Call listing agent for details.

TBD Us Highway 14, North Mankato

$1,400,000

7031448 MLS

4.73 acres can be split into 2 parcels. Acres will be from Howard Drive.

TBD Lor Ray, North Mankato

$1,370,400

7031909 MLS

Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Outlot A, Block 1 is zoned in the Transitional District and developer can apply for an Office/Residential designation through the City of Mankato. This parcel is located next to the newly built Holiday Gas Station, New Perspectives Senior Living and several retail centers and banking institutions. Agent is related to sellers.

Outlot A Block 1, Mankato

$1,248,000

7031495 MLS

78 acres of bare land, 74.5 tillable farmland. Land is patterned, tiled, and surveyed. Land also has a building eligibility. Aerial photos coming Jan. 10th.

XXXXX 320th, Janesville

$1,200,000

7032248 MLS

Great opportunity! Village Green Apartments in Blue Earth - 3 buildings, each with 8 apartments. There are 10 - 1 bedroom units and 14 - 2 bedroom units. Each building has coin-operated laundry. Each unit has an assigned parking spot and also a guest parking area in the lot. Many of the units feature vinyl planking and other updates. New shingles on all buildings 2019 and parking lot recently blacktopped. One unit is furnished for a VRBO rental and all other units are rented. Don't miss out, call today for your private tour.

120 E 13th Street, Blue Earth

$1,175,000

7032630 MLS

Great visibility and easy access from Hwy. #169. The warehouse is 5744 sq. ft. with 15' ceilings, rigid steel frame construction and insulated metal roof and sidewalls. The office space includes a reception area, showroom, private office, bathroom and break room. The mini storage has 26 lockers. Seller will divide the property for a buyer wanting just the office/warehouse.

1125 Cross, North Mankato

$1,150,500

7022837 MLS

this farm is located in section 34 of Lime township just outside Mankato city limits on State Hwy 22. 64.76 acres with 2 access ontothe hwy. The farm is system tiled with a drainage ditch on the north end of the property. There are 2 gas line easement towards the back of the farmand a share driveway easement onto the hwy. Owner is an real estate agent.

22973 State Hwy 22, Mankato