Renovated Former Restaurant
For Sale
$1,200,000
1123 Range Street, North Mankato, MN 56003
Former restaurant building on a 0.82-acre site with ample parking, renovated in 2022 and visible from Highway 169.
Property Size4,500 SF
Lot Size0.82 Acres
Price / SF$266.67
Days on Market128
Property Features for 1123 Range Street
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.82 Acres
Property subtype
Commercial
Zoning
Business/Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$20,420
Building Details
Year Built
1979
Year Renovated
2022
Stories
1
Units
1
Listing Agency:
RE/MAX Dynamic Agents
(507) 720-4663
Listed By:
Carlos Carrera · License #20451253
(507) 720-4663
Source:
Ivyrealestategroup
Added: Apr 20
Changed: Aug 23
Last Checked: Aug 24 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Dynamic Agents
Investment Insights
Based on property information with market context.
This former restaurant building offers 4,500 square feet and is available for sale or lease. The property was extensively renovated in 2022, including a new roof, an updated dining area, and a bar. The site includes approximately 0.82 acres with ample on-site parking to support everyday customer access.
The building benefits from visibility from Highway 169 and convenient access via a frontage road. It is located near the new Benedicts Morning Heroes and the 30,000-square-foot FORDE office/retail development, supporting a steady flow of surrounding activity.
With a drive-ready parking setup and a restaurant-ready interior layout that was refreshed in 2022, the property is well suited for a range of commercial uses where strong highway exposure and convenient access are important.
The building benefits from visibility from Highway 169 and convenient access via a frontage road. It is located near the new Benedicts Morning Heroes and the 30,000-square-foot FORDE office/retail development, supporting a steady flow of surrounding activity.
With a drive-ready parking setup and a restaurant-ready interior layout that was refreshed in 2022, the property is well suited for a range of commercial uses where strong highway exposure and convenient access are important.
Key Highlights
- 4,500 SF former restaurant building for sale or lease
- 0.82‑acre site with ample on‑site parking
- Excellent visibility from Highway 169 with access via a frontage road
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant building on a 0.82-acre site with ample parking, renovated in 2022 and visible from Highway 169.
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 SF former restaurant building for sale or lease; 0.82‑acre site with ample on‑site parking; Excellent visibility from Highway 169 with access via a frontage road
