Mankato Riverfront Plaza Retail
For Sale
Contact for pricing
1400 South Riverfront Drive, Mankato, MN 56001
Fully renovated retail center in Mankato, Minnesota.
Property Size3,724 SF
Days on Market141
Property Features for 1400 South Riverfront Drive
General Information
Standard status
Active
Size
3,724 SF
Property subtype
Office
Listing Agency:
(612) 336-4322
Listed By:
AJ Prins
(612) 336-4322
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Aug 11 at 6:50PM
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 AJ Prins
Investment Insights
Based on property information with market context.
Riverfront Plaza in Mankato, MN, is a single-story, 3,724-square-foot retail center. Renovated in 2016, the property is fully occupied by three tenants. It is positioned at the signalized intersection of S River Front Drive and Poplar Street, with direct visibility off Highway 169, which has over 31,000 vehicles per day and connects Mankato to the Twin Cities. The trade area includes Cub Foods, Mankato West High School, The YMCA, and new high-density residential developments. The property is 100% occupied with a history of tenant demand. The rent roll consists of service-based tenants. The location and trade area offer long-term appreciative value. Mankato is located approximately 80 miles southwest of the Twin Cities and serves as an economic and employment hub for surrounding communities in Southern MN. The city is home to Minnesota State University Mankato, which has over 13,000 students. Mankato is situated along the Minnesota River and serves as the county seat of Blue Earth County. The city provides access to major highways and transportation routes and is home to major employers and corporate headquarters. The presence of Minnesota State University, Mankato, provides a skilled and educated workforce.
Key Highlights
- 100% occupied retail center with attractive in‑place income and strong tenant demand.
- Located at a signalized intersection with direct visibility off Highway 169 (31,000+ vpd).
- Asking price significantly below replacement cost.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
100k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Groceries 35%
Dining 26%
Kwik Trip
Shops & Services
35,520 visits/mo
0.3 miles
Cub Foods
Groceries
34,704 visits/mo
0.1 miles
Burger King
Dining
17,602 visits/mo
0.1 miles
Little Caesars Pizza
Dining
4,055 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,228 visits/mo
0.4 miles
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
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?
Shopping center - Fully renovated retail center in Mankato, Minnesota.
Where is this shopping center located?
The property is located at 1400 South Riverfront Drive Mankato, MN.
What are key features of this property?
This property features: 100% occupied retail center with attractive in‑place income and strong tenant demand.; Located at a signalized intersection with direct visibility off Highway 169 (31,000+ vpd).; Asking price significantly below replacement cost.
