Hwy 22 & Augusta Drive Mankato, MN 56001

Listing office Coldwell Banker Commercial Fisher Group Show Phone

Listing date Apr 24, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This 16.55+ acre property presents a development opportunity with six commercial lots available for individual purchase in a rapidly expanding commercial and residential area on Mankato’s hilltop. Zoned 3-B, the lots support various commercial uses, including RV, automobile, and boat sales, banks, hotels, convenience stores, medical facilities, and retail businesses. Lot sizes range from 2.16 acres to 4.21 acres. The property is situated at the southeast corner of Highway 22 and Augusta Drive, near a new roundabout, offering visibility and accessibility. The location is near Mankato Clinic Wickersham, major retailers, gas stations, restaurants, and established residential neighborhoods. The property benefits from high visibility and significant regional traffic from Highway 22, and is just north of US Highway 14, making it suitable for businesses seeking a high-traffic corridor.

Key Highlights

• Prime commercial development opportunity in a rapidly expanding area.
• High visibility location with significant regional traffic from Highway 22 and proximity to US Highway 14.
• Flexible lot sizes ranging from 2.16 acres to 4.21 acres.

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FAQs

What type of property is this?

Commercial land - Six commercial lots available in high-traffic Mankato location.

Where is this commercial land located?

The property is located at Hwy 22 & Augusta Drive Mankato, MN.

What is the asking price?

The asking price for this property is $3,135,000.

What are key features of this property?

This property features: Prime commercial development opportunity in a rapidly expanding area.; High visibility location with significant regional traffic from Highway 22 and proximity to US Highway 14.; Flexible lot sizes ranging from 2.16 acres to 4.21 acres.