North Mankato, MN Commercial Real Estate for Sale

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Updated: Apr 20

Restaurant Building with Frontage Road Access

1123 Range Street, North Mankato, MN 56003

$1,200,000

4,500‑square‑foot former restaurant building on a .82‑acre site with ample on‑site parking
Renovated in 2022: new roof, updated dining area, and new bar
Highway 169 visibility with convenient access via a frontage road
Built in 1979 with flat rubber roof
Sprinkler system plus fire alarm and smoke detectors

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Updated: Dec 12, 2025

Mixed-Use Property: Retail & Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000

Mixed‑use property with modern retail space and five luxury apartments.
Upscale retail suite currently operating as a luxury skin and spa clinic.
Five well‑appointed apartments provide stable rental income.
Stylish modern apartment design with open layouts and abundant natural light.
Ideal for investors, owner‑operators, or entrepreneurs seeking a turnkey space.

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Renovated Restaurant Building with Bar

1123 Range Street, North Mankato, MN 56003

$1,200,000

4,500 sqft 0.82 AC lot

Former restaurant building renovated in 2022 with an updated dining area, new bar, and new roof.

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Renovated Former Restaurant Building

1123 Range St, North Mankato, MN 56003

Contact for pricing

4,508 sqft 0.82 AC lot

Former restaurant building on a 0.82-acre site with ample parking, renovated in 2022 and visible from Highway 169.

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Former Restaurant Building

1123 Range Street, North Mankato, MN 56003

Contact for pricing

4,508 sqft 0.82 AC lot

Former restaurant building with extensive 2022 renovations, updated dining area, and bar, with on-site parking on a frontage-road-access site.

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Multi-Tenant Flex Industrial Building

1910 Lookout Dr, North Mankato, MN 56003

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60,000 sqft

Portion of a 100,000-square-foot building includes leased space and a large vacant area for immediate occupancy.

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Medical Retail Shopping Center

1810 Commerce Dr, North Mankato, MN 56003

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28,895 sqft 3.25 AC lot

North Kato Plaza is a 2000-built shopping center anchored by DaVita Dialysis with available space for added tenancy.

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Prime Land for Versatile Development

1801 Lor Ray Drive, North Mankato, MN 56003

$1,400,000

Expansive property with immense potential for diverse development projects.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in North Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mankato Mixed-Use Property Package

1618 3rd Avenue, Mankato, MN 56001

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3,600 sqft

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

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Development Land with Drive-Thru Access

1235 Range St, Mankato, MN 56001

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1.04 AC lot

1-acre parcel ready for development with retail/office pad configuration and drive-thru access potential.

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Industrial Property for Sale

530 North Riverfront Dr, Mankato, MN 56001

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Industrial property available for sale at 530 North Riverfront Dr in Mankato, MN.

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Highly Visible Development Land

110 W Lind St, Mankato, MN 56001

Contact for pricing

15.75 AC lot

Flat, highly visible commercial lot with major highway exposure and redevelopment requirements.

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Off-Market Properties in North Mankato, MN

Consider similar Off-Market properties in North Mankato, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

DAY CARE, PRE-SCHOOL

1500 Edgewood Blvd, North Mankato, MN 56003-2416

Value Estimation by Request

4,000 sqft 0.82 AC lot

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COMMERCIAL (GENERAL)

2140 Howard W Dr, North Mankato, MN 56003-4437

Value Estimation by Request

58,520 sqft 4.99 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1105 Range St, North Mankato, MN 56003-2214

$835,000

Estimated value

1,653 sqft 0.68 AC lot

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RETAIL STORES (PERSONAL SERVICES)

231 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request

2,250 sqft 0.09 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1601 Lor Ray Dr, North Mankato, MN 56003-2803

Value Estimation by Request

2,655 sqft 0.80 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1745 Commerce Dr, North Mankato, MN 56003-1802

$585,000

Estimated value

3,110 sqft 1.04 AC lot

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OFFICE (GENERAL)

1110 Riv Dr, North Mankato, MN 56003-2218

Value Estimation by Request

2,478 sqft 1.17 AC lot

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FINANCIAL BUILDING

1760 Commerce Dr, North Mankato, MN 56003-1803

$775,000

Estimated value

3,560 sqft 1.28 AC lot

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COMMERCIAL (GENERAL)

2250 Carlson Dr, North Mankato, MN 56003-2213

$10,000,000

Estimated value

67,200 sqft 13.04 AC lot

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COMMERCIAL (GENERAL)

Cross St, North Mankato, MN 56003

$700,000

Estimated value

2,016 sqft 1.61 AC lot

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COMMERCIAL (GENERAL)

424 Belgrade Ave, North Mankato, MN 56003-3809

Value Estimation by Request

2,704 sqft 0.18 AC lot

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RETAIL STORES (PERSONAL SERVICES)

241 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request

3,048 sqft 0.09 AC lot

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VACANT COMMERCIAL LAND

1118 Ctr St, North Mankato, MN 56003-2107

Value Estimation by Request

0.39 AC lot

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COMMERCIAL (GENERAL)

1118 Ctr St, North Mankato, MN 56003-2107

Value Estimation by Request

8,000 sqft 0.83 AC lot

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COMMERCIAL (GENERAL)

40563 520th St, North Mankato, MN 56003-4280

Value Estimation by Request

5.35 AC lot

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CONVENIENCE STORE

1711 Lor Ray Dr, North Mankato, MN 56003-1940

$700,000

Estimated value

2,400 sqft 0.42 AC lot

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North Mankato, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in North Mankato, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 102,411 square feet of properties for sale, with an estimated market value of $6,400,000.

Sale prices for business properties in North Mankato, MN start at $1,200,000, averaging $1,600,000, and reaching up to $2,600,000 — 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 15K

Population Growth (5Y) +4.9%

Median Household Income $80,587

College Educated 56.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Mankato - 56003	$8M

Property Size Breakdown

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

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