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    Mankato, MN

    Mankato, MN Commercial Real Estate for Sale

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    Victory Drive Commercial Opportunity
    Updated: Feb 10
    Victory Drive Commercial Opportunity

    219 S Victory Drive, Mankato, MN 56001

    $1,199,000
    6,000 sqft 0.82 AC lot
    Prime Victory Drive location with high visibility and frontage road access.
    Existing lease with martial arts studio provides immediate income.
    Versatile property suitable for retail, service, or light industrial use.
    Large warehouse space (approx. 4,800 sq ft) with eight overhead doors.
    Retail/showroom area (approx. 6,000 sq ft) with offices, storage, kitchenette, and ADA compliant bathroom.
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    Office Development Land Sites
    Updated: Jun 29
    Office Development Land Sites

    210 Dublin Road, Mankato, MN 56001

    $313,632
    0.36 AC lot
    Two 0.36‑acre commercial sites on Victory Drive corridor
    Zoned OR (Office Residential)
    Shovel‑ready parcels for two separate 3,000‑SF professional office buildings
    Surrounded by established medical, professional, and commercial users
    Convenient access with connectivity to Highways 14 and 169
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    Retail Space Near University
    Retail Space Near University

    1601 Monks Avenue, Mankato, MN 56001

    Contact for pricing
    2,444 sqft

    Prime retail space near Minnesota State University, Mankato.

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    Multi-Tenant Retail and Service Building
    Multi-Tenant Retail and Service Building

    1720 Bassett Dr, Mankato, MN 56001

    $1,190,000
    3,762 sqft

    Fully leased multi-tenant building with two service-oriented tenants and surface parking on a connected Hilltop trade area site.

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    Zoned Highway Business Commercial Land
    Zoned Highway Business Commercial Land

    Trail Creek Addition, Mankato, MN 56001

    $396,396
    1.40 AC lot

    1.4-acre commercial outlot in the Trail Creek Office & Retail Development, zoned B-3 Highway Business District.

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    Mankato, MN Land For Sale
    Mankato, MN Land For Sale

    583rd Street, Mankato, MN 56001

    $94,000
    1.90 AC lot

    1.9 acre commercial land available in Mankato, Minnesota.

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    Mankato Industrial Land Opportunity
    Mankato Industrial Land Opportunity

    22061 589th Avenue, Mankato, MN 56001

    $965,000
    60.82 AC lot

    60.82 acres zoned for light industrial use.

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    Turn-Key Restaurant with Commercial Kitchen
    Turn-Key Restaurant with Commercial Kitchen

    2041 Blazing Star Dr, Mankato, MN 56001

    $1,450,000
    2,955 sqft

    2019-built restaurant renovated in 2025, with kitchen/bar equipment, 18' Ansul exhaust hood, and walk-in cooler/freezer.

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    Mankato Land For Sale
    Mankato Land For Sale

    583rd Street, Mankato, MN 56001

    $94,000
    1.90 AC lot

    1.9 acre agricultural land available in Mankato, Minnesota.

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    Prime Commercial Outlot Opportunity
    Prime Commercial Outlot Opportunity

    Premier Drive, Mankato, MN 56001

    $300,000
    0.75 AC lot

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

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    Office and Data Center Facility
    Office and Data Center Facility

    221 East Hickory Street, Mankato, MN 56001

    $3,450,000
    28,000 sqft 0.75 AC lot

    Class A office and data center built for mission-critical telecom and technology operations with robust power, HVAC, and life safety.

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    Mankato Commercial Land For Sale
    Mankato Commercial Land For Sale

    Adams Street, Mankato, MN 56001

    $2,138,665
    16.93 AC lot

    16.93 acres of prime commercial land in Mankato, MN.

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    Mankato Commercial Land For Sale
    Mankato Commercial Land For Sale

    Coneflower Lane, Mankato, MN 56001

    $937,312
    1.26 AC lot

    Prime commercial ground in Mankato's newest development area.

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    Downtown Office Building with Parking
    Downtown Office Building with Parking

    915 S Front Street, Mankato, MN 56001

    $650,000
    5,936 sqft

    Office building features 11 offices, two handicap-accessible restrooms, and a conference room with off-street parking for 15–20 vehicles.

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    Mankato Land Parcel For Sale
    Mankato Land Parcel For Sale

    TBD #2 Adams Street, Mankato, MN 56001

    $1,687,598
    16.21 AC lot

    16.21 acre commercial/light industrial land with high visibility.

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    Land For Sale, Mankato
    Land For Sale, Mankato

    1835 Indigo Trail, Mankato, MN 56001

    $125,000
    0.27 AC lot

    Land available in new Hilltop Mankato development.

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    Commercial Office Space with Lake Views
    Commercial Office Space with Lake Views

    75 Teton Lane, Mankato, MN 56001

    $579,900
    2,567 sqft

    Well-appointed office space with lake views, versatile layout.

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    Planet Fitness-Anchored Retail Center
    Planet Fitness-Anchored Retail Center

    1809-1859 Adams Street, Mankato, MN 56001

    $10,250,000
    47,000 sqft

    For-sale retail shopping center anchored by Planet Fitness and positioned directly across from River Hills Mall in Mankato, MN.

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    Arby's Investment Property For Sale
    Arby's Investment Property For Sale

    520 S Riverfront Dr, Mankato, MN 56001

    $2,100,000
    3,366 sqft

    NNN leased Arby's with a drive-thru in Mankato, Minnesota.

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    Bar and Restaurant with Dining
    Bar and Restaurant with Dining

    424 South Front Street, Mankato, MN 56001

    $425,000
    3,410 sqft

    Established bar and restaurant operating Tuesday–Sunday from 11 AM to 2 AM with convenient public parking nearby.

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    Single Tenant Retail Box
    Single Tenant Retail Box

    2020 Adams St., Mankato, MN 56001

    $3,418,618
    23,500 sqft

    Retail space for sale in Blue Earth County.

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    Updated Office Building in Mankato
    Updated Office Building in Mankato

    500 S Broad Street, Mankato, MN 56001

    $455,000
    2,345 sqft

    Three-tenant office building in downtown Mankato with recent updates.

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    Mankato Mixed-Use Property Package
    Mankato Mixed-Use Property Package

    1618 3rd Avenue, Mankato, MN 56001

    $699,000
    3,600 sqft

    Four-property package with commercial, residential, and redevelopment potential.

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    Shovel-Ready Office-Residential Land Sites
    Shovel-Ready Office-Residential Land Sites

    210 Dublin Rd, Mankato, MN 56001

    $313,640
    0.36 AC lot

    Two office-residential lots on Victory Drive, designed for separate 3,000 SF professional office buildings.

    View details

    Mankato, MN Commercial Real Estate Market Trends and Statistics

    Explore 92 commercial real estate for sale in Mankato, MN, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 410,355 square feet of properties for sale, with an estimated market value of $113,659,041.

    Sale prices for business properties in Mankato, MN start at $94,000, averaging $2,066,528, and reaching up to $40,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 66K
    Population Growth (5Y) +5.3%
    Median Household Income $70,313
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Mankato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56001 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $31.30 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Blue Earth County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Mankato fall within the 100,000+ square foot range.

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