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Flex Building with Warehouse Space
For Sale
$999,900

219 S Victory Drive, Mankato, MN 56001

COMMERCIAL, Mankato, MN

Property SizeContact for details
Lot Size0.82 Acres
Days on Market228

Property Features for 219 S Victory Drive

General Information

Property type Commercial Sale
Property subtype Other
Interior features Kitchen Area, Restrooms
Accessibility Accessible Approach with Ramp
Elementary school district Mankato #77
Middle school district Mankato #77
High school district Mankato #77
Directions East side of Victory Dr. 2 blocks south of Madison Ave.
Subdivision MANKATO HILLTOP
Standard status Active
APN R01.09.17.432.020
Lot size 0.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description G B STEVENS ADD 001 001 00 0.82A
Tax Annual Amount 27059
Legal Description G B STEVENS ADD 001 001 00 0.82A

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

private offices
storage
kitchenette
ADA compliant bathroom
overhead doors
furnaces

Building Details

Year built 1968
Roof type Rubber
Listing Agency: AMERICAN WAY REALTY
Listed By: Angie VanEman Lynch
Added: Feb 10 Changed: Sep 2 Last Checked: Sep 26 at 4:06AM
MLS# 7039443

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.

This 1968 flex property combines showroom, office, storage, and warehouse components within a multi-area commercial building. The retail and showroom section measures approximately 6,000 square feet and includes three private offices, a kitchenette, storage, and an updated ADA-compliant bathroom. The warehouse component adds approximately 4,800 square feet with eight overhead doors ranging from 10 to 14 feet high; portions of the space are heated. Two new furnaces have been installed, and the building also includes forced-air heating, central air, a rubber roof, and ramp access.

Approximately 5,000 square feet in the front portion is occupied by a martial arts studio under a three-year lease. The property sits on .82 acres at 219 S Victory Drive in Mankato, with frontage road access and an average daily traffic count of approximately 17,500 vehicles. Its configuration supports a combination of showroom, office, storage, and warehouse functions.

Key Highlights

  • Approximately 6,000 SF retail and showroom area with three private offices
  • Approximately 4,800 SF warehouse with eight overhead doors measuring 10 to 14 feet high
  • Approximately 5,000 SF leased to a martial arts studio under a three‑year lease

Property Analytics

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Current Use

K T Designs-Karen ... Interior Design Brew N Wine ... Big Box & Wholesale Store Independent Interiors (Formerly ... Carpet & Flooring Store

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Accounting Firm Plumbing Service Grocery & Convenience Store

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

Lease Details

17,500 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Lisa Tscherter's Kitchen — 930 Madison Ave, Mankato, MN 56001
  • Absolute Custom Catering — 1120 Madison Ave, Mankato, MN 56001

Frequently Asked Questions

What type of property is this?
Flex space - Multi-area commercial property with showroom, offices, storage, and frontage road access.
Where is this flex space located?
The property is located at 219 S Victory Drive Mankato, MN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Approximately 6,000 SF retail and showroom area with three private offices; Approximately 4,800 SF warehouse with eight overhead doors measuring 10 to 14 feet high; Approximately 5,000 SF leased to a martial arts studio under a three‑year lease
More about this property
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