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    Mankato, MN
    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 Lake Crystal, MN Kasota, MN Saint Peter, MN
    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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    Turn-Key Corner Restaurant
    Updated: Apr 11
    Turn-Key Corner Restaurant

    501 S Front St, Mankato, MN 56001

    Contact for pricing
    2,068 sqft
    La Bamba Mexican restaurant in downtown Mankato’s Central Business District
    Corner restaurant space on the 500 Block of Front Street
    Highly visible location across from the most frequented bars and restaurants in the city center
    2,068 SF space with a transferable lease to new ownership
    New owners may keep the La Bamba brand while transferring the lease
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    Restaurant and Retail Building
    Restaurant and Retail Building

    1630 Madison Ave, Mankato, MN 56001

    Contact for pricing
    6,800 sqft

    Former Mexican restaurant building with ample off-street parking and easy access from Madison Ave or Tullamore St.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant Tenant Space
    Restaurant Tenant Space

    90 Power Drive, Mankato, MN 56001

    Contact for pricing

    Upper area at Picklebarn is available for a restaurant tenant to operate a restaurant business.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Renovated Former Restaurant Building
    Renovated Former Restaurant Building

    1123 Range Street, North Mankato, MN 56003

    $1,200,000
    4,500 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
    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 Building with Pizza Oven
    Restaurant Building with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $149,900

    Restaurant property with configured kitchen, customer seating, restrooms, and central air.

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    Established Restaurant with Pizza Oven
    Established Restaurant with Pizza Oven

    325 Broadway Street, Cleveland, MN 56017

    $149,900

    Family-owned restaurant with seating for 106 and pizza oven.

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    Mankato, MN Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Mankato, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,823 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 5
    Drive through restaurants 2
    Bars & Pubs 1
    Coffee shops 1
    Commercial kitchens 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 $725K

    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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