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    Mankato, MN
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    Mankato, MN Restaurants for Sale

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    North Mankato, MN Saint Clair, MN Eagle Lake, MN Madison Lake, MN Good Thunder, MN Lake Crystal, MN St Peter, MN Nicollet, MN
    Turn-Key Restaurant with Commercial Kitchen
    Updated: Jul 10
    Turn-Key Restaurant with Commercial Kitchen

    2041 Blazing Star Dr, Mankato, MN 56001

    $1,450,000
    2,955 sqft
    2,955 SF modern building built in 2019 and renovated in 2025
    Restaurant use setup with kitchen/bar equipment included
    18' exhaust hood with Ansul system
    15' x 13' walk‑in cooler/freezer combo
    Zoned A for retail or restaurant concepts
    View details
    Arby's Investment Property For Sale
    Updated: Jan 30
    Arby's Investment Property For Sale

    520 S Riverfront Dr, Mankato, MN 56001

    Contact for pricing
    3,366 sqft
    Absolute NNN lease provides a management‑free investment.
    Recently extended lease with over 10 years remaining and four (4) additional 5‑year renewal options.
    1% annual rental increases throughout the lease term and option periods.
    Located in a dense retail area near River Hills Mall (Target‑anchored).
    Strong demographics with over 65,800 residents and 51,400 employees in a 5‑mile radius.
    View details
    Bar and Restaurant with Dining
    Bar and Restaurant with Dining

    424 South Front Street, Mankato, MN 56001

    Contact for pricing
    3,410 sqft

    Established bar and restaurant operating Tuesday–Sunday from 11 AM to 2 AM with convenient public parking nearby.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    101 W Lind Ct, Mankato, MN 56001

    Contact for pricing

    Freestanding restaurant property with drive-through access, commercial kitchen infrastructure, and a flexible interior layout.

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    Upper-Level Restaurant Space
    Upper-Level Restaurant Space

    90 Power Dr, Mankato, MN 56001

    Contact for pricing

    Restaurant space within a commercial property constructed in 2021.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 5 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Restaurant Building
    Former Restaurant Building

    1123 Range St, North Mankato, MN 56003

    $1,200,000
    4,500 sqft 0.82 AC lot

    Former restaurant building with extensive 2022 renovations, updated dining area, and bar, with on-site parking on a frontage-road-access site.

    View details
    Single-Story Restaurant and Bar
    Single-Story Restaurant and Bar

    204 1st Avenue, Pemberton, MN 56078

    $249,000
    0.21 AC lot

    Established hospitality property with two bar areas, a fenced outdoor dining patio, on-site parking, and included appliances.

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    Renovated Restaurant Building
    Renovated Restaurant Building

    1123 Range Street, North Mankato, MN 56003

    $1,200,000

    Highway-facing property offers frontage-road access and on-site parking.

    View details
    Single-Story Bar and Pub
    Single-Story Bar and Pub

    204 1st Avenue, Pemberton, MN 56078

    $249,000

    Expanded hospitality property with a fenced patio, two bar areas, on-site parking, and included appliances.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Highway Business Commercial Land
    Highway Business Commercial Land

    Coneflower Lane, Mankato, MN 56001

    $937,312
    1.26 AC lot

    Highway Business District zoning places this parcel near planned commercial and residential development.

    View details
    Commercial Land Outlot
    Commercial Land Outlot

    Premier Drive, Mankato, MN 56001

    $300,000
    0.75 AC lot

    Accessible commercial parcel positioned within an established retail setting near major highways and big-box shopping.

    View details

    Off-Market Properties in Mankato, MN

    Consider similar Off-Market properties in Mankato, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    519 Frnt St
    BAR, TAVERN

    519 Frnt St, Mankato, MN 56001-3718

    $730,000
    Estimated value
    2,436 sqft 0.08 AC lot
    View details
    521 Frnt St
    BAR, TAVERN

    521 Frnt St, Mankato, MN 56001-3718

    $730,000
    Estimated value
    4,056 sqft 0.08 AC lot
    View details
    51646 Us Hwy 169
    RESTAURANT

    51646 Us Hwy 169, Mankato, MN 56001-6584

    $600,000
    Estimated value
    8,253 sqft 1.41 AC lot
    View details
    420 Frnt St
    BAR, TAVERN

    420 Frnt St, Mankato, MN 56001-3715

    $640,000
    Estimated value
    2,640 sqft 0.08 AC lot
    View details
    422 Frnt St
    BAR, TAVERN

    422 Frnt St, Mankato, MN 56001

    $640,000
    Estimated value
    2,420 sqft 0.08 AC lot
    View details
    301 Saint Andrews Dr
    RESTAURANT

    301 Saint Andrews Dr, Mankato, MN 56001-8594

    $535,000
    Estimated value
    7,730 sqft 1.46 AC lot
    View details
    232 Belgrade Ave
    BAR, TAVERN

    232 Belgrade Ave, Mankato, MN 56003-3802

    $280,000
    Estimated value
    2,442 sqft 0.27 AC lot
    View details
    1790 Madison Ave
    RESTAURANT

    1790 Madison Ave, Mankato, MN 56001-5446

    $400,000
    Estimated value
    4,247 sqft 1.39 AC lot
    View details
    814 Riverfront Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    814 Riverfront Dr, Mankato, MN 56001-3336

    $690,000
    Estimated value
    1,500 sqft 0.36 AC lot
    View details
    1040 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1040 Madison Ave, Mankato, MN 56001-6144

    $895,000
    Estimated value
    1,950 sqft 0.51 AC lot
    View details
    2112 Broad Ct
    DRIVE-THRU RESTAURANT, FAST FOOD

    2112 Broad Ct, Mankato, MN 56001-3277

    $345,000
    Estimated value
    2,806 sqft 1.59 AC lot
    View details
    1041 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1041 Madison Ave, Mankato, MN 56001-6143

    $240,000
    Estimated value
    1,719 sqft 0.47 AC lot
    View details
    500 Frnt St
    RESTAURANT

    500 Frnt St, Mankato, MN 56001-3717

    $855,000
    Estimated value
    5,646 sqft 0.35 AC lot
    View details
    524 Riverfront Dr
    BAR, TAVERN

    524 Riverfront Dr, Mankato, MN 56001-3449

    $255,000
    Estimated value
    3,952 sqft 0.24 AC lot
    View details
    625 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    625 Madison Ave, Mankato, MN 56001-6111

    $230,000
    Estimated value
    1,383 sqft 0.34 AC lot
    View details
    515 Frnt St
    BAR, TAVERN

    515 Frnt St, Mankato, MN 56001-3718

    $325,000
    Estimated value
    8,118 sqft 0.15 AC lot
    View details
    1900 Riverfront Dr
    BAR, TAVERN

    1900 Riverfront Dr, Mankato, MN 56001-3128

    $370,000
    Estimated value
    7,720 sqft 0.55 AC lot
    View details
    1856 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1856 Madison Ave, Mankato, MN 56001-5448

    $1,185,000
    Estimated value
    4,549 sqft 1.41 AC lot
    View details
    930 Riverfront Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    930 Riverfront Dr, Mankato, MN 56001-3338

    $250,000
    Estimated value
    1,560 sqft 0.30 AC lot
    View details

    Mankato, MN Restaurants Market Trends and Statistics

    Explore 71 restaurants for sale in Mankato, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,731 square feet of properties for sale, with an estimated market value of $1,450,000.

    Sale prices for restaurant properties in Mankato, MN average $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 4
    Commercial kitchens 3
    Conventional restaurants 3
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 66K
    Population Growth (5Y) +5.3%
    Median Household Income $70,313
    College Educated 26.5%

    High-Yield Neighborhoods for Investment

    Identify Mankato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56001 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $31.30 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Mankato fall within the 25,000 to 50,000 square foot range.

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