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Historic Theater and Entertainment Venue
New
For Sale
$999,995

200 Chestnut Street, Mankato, MN 56001

Commercial Sale, Mankato, MN

Property SizeContact for details
Lot Size2.50 Acres
Days on Market3

Property Features for 200 Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Parking features Covered
Exterior features Stucco
Accessibility Accessible Approach with Ramp
Subdivision Mankato City
High school district Mankato
Directions From Riverfront Drive, turn west onto Chestnut Street. Property is on the right just past 1st Ave.
Standard status Active
APN R010906478001
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 18076

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1946
Roof type Rubber
Listing Agency: True Real Estate
Listed By: Karen Toft · License #40611409
Added: Aug 24 Changed: Aug 26 Last Checked: Aug 26 at 6:06PM
MLS# 7133568

Copyright © 2026 Northstar MLS. 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.

This theater and concert hall property occupies 2.5 acres and was constructed in 1946. Known as the Kato Ballroom and Kato Entertainment Center, the property carries an established connection to Mankato’s entertainment history. Existing features include stucco exterior walls, a rubber roof, forced-air heating, and central air conditioning.

Covered parking is provided on site, and the property has an accessible approach with a ramp. Located at 200 Chestnut Street in Mankato, Minnesota, the asset offers a substantial existing setting for entertainment use or a future redevelopment concept, subject to applicable approvals.

Key Highlights

  • 2.5‑acre theater and concert hall property
  • Constructed in 1946
  • Known as the Kato Ballroom and Kato Entertainment Center

Property Analytics

Current Use

Kato Ballroom Theater & Performing Art Venue

Suggested Use

Top Pick Pharmacy Law Firm (Bike/Boat/Book/etc) Store Locksmith Catering Service Cafe & Coffee Shop

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

413
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Theater & concert hall - 1946-built entertainment property with covered parking, central air, and ramp access.
Where is this theater & concert hall located?
The property is located at 200 Chestnut Street Mankato, MN.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 2.5‑acre theater and concert hall property; Constructed in 1946; Known as the Kato Ballroom and Kato Entertainment Center
More about this property
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