Renovated Restaurant
For Sale
$1,200,000
1123 Range Street, North Mankato, MN 56003
COMMERCIAL, North Mankato, MN
Property Size4,500 SF
Lot Size0.82 Acres
Price / SF$266.67
Days on Market148
Property Features for 1123 Range Street
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Bar Area, Fire Alarm, Kitchen Area, Restrooms, Smoke Detectors, Sprinkler System
Accessibility
Accessible Approach with Ramp
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Subdivision
N MANKATO LOWER
Standard status
Active
APN
184560010
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
legal to govern
Tax Annual Amount
20420
Legal Description
legal to govern
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1979
Roof type
Rubber, Flat
Listing Agency:
RE/MAX DYNAMIC AGENTS · RE/MAX International
(507) 387-5151
Listed By:
CARLOS CARRERA · License #20451253
(507) 720-4663
Added: Apr 20
Changed: Sep 14
Last Checked: Sep 14 at 1:06PM
MLS# 7040028
Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 4,500-square-foot former restaurant building sits on a 0.82-acre site and includes a dining area, bar, kitchen area, restrooms, fire alarm, smoke detectors, and a sprinkler system. Renovations completed in 2022 included a replacement roof, refreshed dining space, and newly installed bar. The property also features forced-air heating, central air, a flat rubber roof, and an accessible approach with ramp.
Highway 169 exposure is paired with access from a frontage road and on-site parking. The property is near Benedicts Morning Heroes and the 30,000-square-foot FORDE office/retail development. Built in 1979, the building is available for sale or lease.
Highway 169 exposure is paired with access from a frontage road and on-site parking. The property is near Benedicts Morning Heroes and the 30,000-square-foot FORDE office/retail development. Built in 1979, the building is available for sale or lease.
Key Highlights
- 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
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
65k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 9%
Hotels & Casinos 1%
Kwik Trip
Shops & Services
48,818 visits/mo
0.4 miles
Speedway
Shops & Services
9,134 visits/mo
0.1 miles
Hardee's
Dining
4,516 visits/mo
0.5 miles
SUBWAY
Dining
1,540 visits/mo
0.2 miles
Days Inn Mankato
Hotels & Casinos
661 visits/mo
0.4 miles
Demographics for 56003, MN
15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Highway-facing property offers frontage-road access and on-site parking.
Where is this conventional restaurant located?
The property is located at 1123 Range Street North Mankato, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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
