North Mankato, MN Commercial Real Estate for Sale

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8 properties

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Updated: Apr 20

Renovated Restaurant Building

1123 Range Street, North Mankato, MN 56003

$1,200,000

4,500‑square‑foot former restaurant building on a 0.82‑acre site
2022 renovations included a new roof, updated dining area, and new bar
Highway 169 exposure with frontage‑road access
Dining area, bar, kitchen area, and restrooms
On‑site parking and accessible approach with ramp

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Updated: Dec 12, 2025

Mixed-Use Property with Five Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000

Five upper‑level apartments in a mixed‑use building
Street‑level retail suite currently operating as a skin and spa clinic
Large display windows with curated interior lighting
Modern apartment layouts with abundant natural light
Contemporary finishes and refined interior design

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Mixed-Use Building with Five Apartments

235 - 237 Belgrade Ave, North Mankato, MN 56003

$2,600,000

7,846 sqft

Main-level retail space currently serves as a skin and spa clinic, while upper floors contain modern residential units.

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Former Restaurant Building

1123 Range Street, North Mankato, MN 56003

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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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Campground With On-Site Residence

41392 520th St, North Mankato, MN 56003

$1,800,000

Outdoor hospitality property with RV and tent sites, cabins, guest amenities, and an owner residence.

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New Construction Retail Space

242 Belgrade Ave, North Mankato, MN 56003

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White-box delivery gives occupants flexibility to create a customized retail, office, or service-oriented interior.

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Commercial Development Land Site

1801 Lor Ray Dr, North Mankato, MN 56003

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4.73 AC lot

Commercial land parcel at the US Hwy 14 and Lor Ray Dr intersection in North Mankato.

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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.

Commercial Land with 3A Zoning

Poplar Street, Mankato, MN 56001

$1,100,000

1.97 AC lot

Commercial land with 3A Commercial zoning and water availability.

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Freestanding Drive-Through Restaurant

101 W Lind Ct, Mankato, MN 56001

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Freestanding restaurant property with drive-through access, commercial kitchen infrastructure, and a flexible interior layout.

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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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Highly Visible Development Land

110 W Lind St, Mankato, MN 56001

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15.75 AC lot

Estimated value:

$700,000

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 72,354 square feet of properties for sale, with an estimated market value of $8,200,000.

Sale prices for business properties in North Mankato, MN start at $1,200,000, averaging $2,050,000, 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	$1.6M

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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