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1640 Commerce Dr, North Mankato (Mankato), MN 56003 Property Records

Nicollet County property record for 1640 Commerce Dr, North Mankato, MN 56003 · Last verified July 2026

Property Summary

Property TypeCommercial
Details26,640 sqft · built 1979
Lot Size2.2 acres (95,832 sqft)
OwnerCompany Name on File
Last Sale$890,000 (Jan 2011)
Tax Bill$23,968 (2025)
Deeds & MortgagesJan 2026 Mortgage
Feb 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN18.482.0120

Property Details

APN / Parcel Number

Primary APN18.482.0120

Interior

Stories1 Story
Building Area26,640 sqft Gross Area
1st Floor Area18,240 sqft

Exterior

Year BuiltBuilt 1979
Effective Year BuiltEffective 1979
Lot Area95,832 sqft (2.2 acres)
Garage Area152 sqft

Location & Zoning

Street Address1640 COMMERCE DR
CityNORTH MANKATO
StateMN
Zip56003-1912
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionBLOCK 3 LOT 2 SUBDIVISIONCD 18482 SUBDIVISIONNAME CULHANE S ADD SEC C
Legal Range00
Legal Township00
Legal Section00
Legal SubdivisionCULHANE S ADD
Legal Block3
Legal Lot Number2
JurisdictionNICOLLET MN
Township / Civil DivisionNORTH MANKATO
Census Block Group3
Census Block3006
Census Tract480501

Owner

Source: Nicollet County records · APN 18.482.0120

Assessment roll updated July 10, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address1640 COMMERCE DR, NORTH MANKATO, MN 56003-1912
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jan 02, 2026Deed of Trust, Mortgage · Commercial Mortgage
UNITED PRAIRE BANK
Feb 16, 2022Deed of Trust, Mortgage · Commercial Mortgage
UNITED PRAIRE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 05, 2011 · Amount on Record
Deed SaleJan 05, 2011 · Amount on Record
Deed Document Number201127214
Record UpdatedSep 20, 2026

January 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNICOLLET MN
Property Address1640 COMMERCE DR, NORTH MANKATO, MN 56003-1912
Transaction TypeMortgage
Record UpdatedFeb 04, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000073348
DateJan 02, 2026
Instrument73348
Lender
NameUNITED PRAIRE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term24 Months
DueFeb 14, 2027

February 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNICOLLET MN
Property Address1640 COMMERCE DR, NORTH MANKATO, MN 56003-1912
Transaction TypeMortgage
Record UpdatedSep 16, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000069232
DateFeb 16, 2022
Instrument69232
Lender
NameUNITED PRAIRE BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueFeb 14, 2027
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Nicollet County records · Assessment roll updated July 10, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyNicollet County
MunicipalityNorth Mankato City
Unified School DistrictMankato Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$855,800 (+4.76%) Land $367,000 Building $488,800$855,800 (+4.76%) Land $367,000 Building $488,800
2025$23,968.00 (-1.65%)$816,900 (-9.48%) Land $367,000 Building $449,900$816,900 (-9.48%) Land $367,000 Building $449,900
2023$24,370.00$902,500 Land $367,000 Building $535,500$902,500 Land $367,000 Building $535,500

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Nicollet County (27103C), updated January 23, 2023 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 271034805013, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearby Flood Policies7 in force
Nearby Flood Claims10 (2001–2016)
Claims Outside the SFHA10 of 10
Most Recent ClaimSep 2016, other causes
Claims By Storm
  • Severe Winter Storms, Flooding, And Tornadoes, Apr 2001 · 3 claims

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 333 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Consolidated CommunicationsFiber2,000 / 2,000
SpectrumCable1,000 / 1,000
LTD BroadbandFixed Wireless (licensed-by-rule)150 / 130
T-Mobile USAFixed Wireless100 / 20
AT&TFixed Wireless100 / 20

May also be available at this address: Verizon, Midcontinent Communications, Spectrum. Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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