Conventional Restaurant

Mankato, MN Conventional Restaurants for Sale

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North Mankato, MN Saint Clair, MN Eagle Lake, MN Madison Lake, MN Good Thunder, MN Kasota, MN St Peter, MN Lake Crystal, MN
Upper-Level Restaurant Space
Updated: Apr 20
Upper-Level Restaurant Space

90 Power Drive, Mankato, MN 56001

Contact for pricing
7.50 AC lot
7.5‑acre property at 90 Power Drive in Mankato
Upper area of the pickle barn is available for restaurant use
Built in 2021
Central air conditioning and forced‑air heating
Parking lot on site
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Turn-Key Restaurant with Commercial Kitchen
Updated: Jul 10
Turn-Key Restaurant with Commercial Kitchen

2041 Blazing Star Dr, Mankato, MN 56001

$1,450,000
2,955 sqft
2,955 SF modern building built in 2019 and renovated in 2025
Restaurant use setup with kitchen/bar equipment included
18' exhaust hood with Ansul system
15' x 13' walk‑in cooler/freezer combo
Zoned A for retail or restaurant concepts
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Upper-Level Restaurant Space
Upper-Level Restaurant Space

90 Power Dr, Mankato, MN 56001

Contact for pricing

Restaurant space within a commercial property constructed in 2021.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Former Restaurant Building
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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Restaurant with Outdoor Patio
Restaurant with Outdoor Patio

204 1st Avenue, Pemberton, MN 56078

$249,000
0.21 AC lot

A single-story restaurant and bar features two separate bar areas, guest seating, and an accessible approach ramp.

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Renovated Restaurant Building
Renovated Restaurant Building

1123 Range Street, North Mankato, MN 56003

$1,200,000

Highway-facing property offers frontage-road access and on-site parking.

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Single-Story Bar and Pub
Single-Story Bar and Pub

204 1st Avenue, Pemberton, MN 56078

$249,000

Expanded hospitality property with a fenced patio, two bar areas, on-site parking, and included appliances.

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Mankato, MN Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,955 square feet of properties for sale, with an estimated market value of $1,450,000.

Sale prices for conventional restaurants in Mankato, MN average $1,450,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4
Commercial kitchens 3
Drive through restaurants 3
Coffee shops 2
Bars & Pubs 1

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 $1.5M

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%

Property Size Breakdown

The majority of commercial real estate listings in Mankato fall within the 25,000 to 50,000 square foot range.

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