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Flex Property with Warehouse Space
For Sale
$1,199,000

219 S Victory Drive, Mankato, MN 56001

COMMERCIAL - Mankato, MN

Property SizeContact for details
Lot Size0.82 Acres
Days on Market182

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

three private offices
storage
kitchenette
recently updated ADA compliant bathroom
eight overhead doors
heated warehouse
two new furnaces

Building Details

Year built 1968
Roof type Rubber
Listing Agency: AMERICAN WAY REALTY
Listed By: Angie VanEman Lynch
Added: Feb 10 Changed: Aug 4 Last Checked: Aug 11 at 4:06PM
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.

Built in 1968, this flex property combines showroom, office, and warehouse components within a versatile commercial layout. The showroom area spans approximately 6,000 square feet and includes three private offices, storage, a kitchenette, and an updated ADA-compliant bathroom. A separate 4,800-square-foot warehouse offers eight overhead doors ranging from 10 to 14 feet high, with portions of the space heated. Two new furnaces have been installed.

The front 5,000 square feet is occupied by a martial arts studio under a three-year lease. The property sits on 0.82 acres at 219 S Victory Drive in Mankato, with frontage road access and approximately 17,500 vehicles in average daily traffic. Additional features include forced-air heat, central air, a ramped accessible approach, and a rubber roof.

Key Highlights

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

Property Analytics

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 Storage Facility Accounting Firm (Bike/Boat/Book/etc) 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
Multi-tenant
Tenancy
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Flex space - Multiple areas include showroom, private offices, storage, and a kitchenette.
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 $1,199,000.
What are key features of this property?
This property features: Approximately 6,000 SF showroom area with three private offices, storage, kitchenette, and ADA‑compliant bathroom; Approximately 4,800 SF warehouse with eight overhead doors measuring 10 to 14 feet high; Front 5,000 SF leased to a martial arts studio under a three‑year lease
More about this property
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