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Vacant Retail Storefront
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1601 Lor Ray Dr, North Mankato, MN 56003

Vacant retail space positioned near established national and regional retailers.

Property Size2,679 SF
Lot Size0.80 Acres
Days on Market143

Property Features for 1601 Lor Ray Dr

General Information

Standard status Active
Size 2,679 SF
Lot size 0.80 Acres
Property subtype Retail

Building Details

Buildings 1
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #IL - 478027307
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:57PM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This vacant retail storefront contains 2,679 square feet within a 0.8-acre site. The property is located at 1601 Lor Ray Dr in North Mankato, Minnesota, providing a commercial setting for a future retail occupant or owner-user. The listing identifies the building as a former Taco John's location.

The property sits near Highway 14 and is surrounded by recognizable retail businesses, including Shell, Starbucks, Walgreens, Dollar Tree, and Chipotle Mexican Grill. This concentration of nearby retailers places the site within an established commercial area and provides direct context for evaluating its location and surrounding retail environment.

Key Highlights

  • 2,679‑square‑foot vacant retail building
  • 0.8‑acre site at 1601 Lor Ray Dr
  • Located near Highway 14

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Law Firm Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby
97k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 39% Electronics 4% Beauty & Spa 2%
Kwik Trip Shops & Services
29,245 visits/mo 0.3 miles
Culver's Dining
19,440 visits/mo 0.3 miles
Starbucks Dining
10,415 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
9,950 visits/mo 0.2 miles
Dollar Tree Shops & Services
6,880 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant retail space positioned near established national and regional retailers.
Where is this storefront property located?
The property is located at 1601 Lor Ray Dr North Mankato, MN.
What are key features of this property?
This property features: 2,679‑square‑foot vacant retail building; 0.8‑acre site at 1601 Lor Ray Dr; Located near Highway 14
(949) 942-6585 Call to check price and availability
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