Mankato, MN
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    Mankato, MN Restaurants for Sale

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    North Mankato, MN Saint Clair, MN Eagle Lake, MN
    Prime Location Restaurant Opportunity
    Contact for pricing
    7.50 Acres
    Prime Location Restaurant Opportunity

    90 Power Drive, Mankato, MN 56001

    Restaurant space available in high-traffic Mankato location.
    • Prime location with high traffic volume, ideal for a restaurant.
    • Newly constructed in 2021.
    • Central air conditioning.
    • Forced air heating.
    • Parking lot available.
    Updated: Apr 20
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    Arby's Investment Property For Sale
    $2,175,000
    3,366 SF
    Arby's Investment Property For Sale

    520 S Riverfront Dr, Mankato, MN 56001

    NNN leased Arby's with a drive-thru in Mankato, Minnesota.
    • 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.
    Updated: Jan 30
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    Retail Property in Mankato, MN
    $3,150,000
    7,480 SF
    Retail Property in Mankato, MN

    Retail property with national tenants, excellent visibility and access.

    1920 Adams St, Mankato, MN

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 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 4 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 For Sale
    $1,200,000
    4,500 SF
    Former Restaurant Building For Sale

    4,500 SF building with highway visibility and ample parking.

    1123 Range Street, North Mankato, MN 56003

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    North Mankato Restaurant Opportunity
    $750,000
    3,100 SF
    North Mankato Restaurant Opportunity

    Second-generation restaurant space with drive-through in high-traffic area.

    1745 Commerce Drive, North Mankato, MN 56003

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    Lakeside Hospitality Business Opportunity
    Contact for pricing
    3,000 SF
    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue with lodging.

    803 Main Street |, Madison Lake, MN 56063

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    Lakeside Hospitality Business Opportunity
    Contact for pricing
    6,056 SF
    Lakeside Hospitality Business Opportunity

    Thriving lakeside bar, grill, and entertainment venue for sale.

    805 Main St, Madison Lake, MN

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    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.

    Prime Commercial Outlot Opportunity
    $300,000
    0.75 Acres
    Prime Commercial Outlot Opportunity

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

    Premier Drive, Mankato, MN 56001

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    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001

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    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1780 Premier Drive, Mankato, MN 56001

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    Land Near Retail Centers
    Contact for pricing
    Land Near Retail Centers

    Land suitable for fast food or service businesses.

    1750 Premier Drive, Mankato, MN 56001

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    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
    2,436 SF Lot: 0.08 Acres
    Estimated value
    $805,000

    519 Frnt St, Mankato, MN 56001-3718

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    521 Frnt St
    BAR, TAVERN
    4,056 SF Lot: 0.08 Acres
    Estimated value
    $805,000

    521 Frnt St, Mankato, MN 56001-3718

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    51646 Us Hwy 169
    RESTAURANT
    8,253 SF Lot: 1.41 Acres
    Estimated value
    $600,000

    51646 Us Hwy 169, Mankato, MN 56001-6584

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    420 Frnt St
    BAR, TAVERN
    2,640 SF Lot: 0.08 Acres
    Estimated value
    $640,000

    420 Frnt St, Mankato, MN 56001-3715

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    422 Frnt St
    BAR, TAVERN
    2,420 SF Lot: 0.08 Acres
    Estimated value
    $640,000

    422 Frnt St, Mankato, MN 56001

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    301 Saint Andrews Dr
    RESTAURANT
    7,730 SF Lot: 1.46 Acres
    Estimated value
    $535,000

    301 Saint Andrews Dr, Mankato, MN 56001-8594

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    232 Belgrade Ave
    BAR, TAVERN
    2,442 SF Lot: 0.27 Acres
    Value Estimation by Request

    232 Belgrade Ave, Mankato, MN 56003-3802

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    1790 Madison Ave
    RESTAURANT
    4,247 SF Lot: 1.39 Acres
    Value Estimation by Request

    1790 Madison Ave, Mankato, MN 56001-5446

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    814 Riverfront Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,500 SF Lot: 0.36 Acres
    Estimated value
    $750,000

    814 Riverfront Dr, Mankato, MN 56001-3336

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    1040 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,950 SF Lot: 0.51 Acres
    Estimated value
    $920,000

    1040 Madison Ave, Mankato, MN 56001-6144

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    2112 Broad Ct
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,806 SF Lot: 1.59 Acres
    Value Estimation by Request

    2112 Broad Ct, Mankato, MN 56001-3277

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    1041 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,719 SF Lot: 0.47 Acres
    Value Estimation by Request

    1041 Madison Ave, Mankato, MN 56001-6143

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    500 Frnt St
    RESTAURANT
    5,646 SF Lot: 0.35 Acres
    Estimated value
    $850,000

    500 Frnt St, Mankato, MN 56001-3717

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    524 Riverfront Dr
    BAR, TAVERN
    3,952 SF Lot: 0.24 Acres
    Value Estimation by Request

    524 Riverfront Dr, Mankato, MN 56001-3449

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    625 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,383 SF Lot: 0.34 Acres
    Value Estimation by Request

    625 Madison Ave, Mankato, MN 56001-6111

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    515 Frnt St
    BAR, TAVERN
    8,118 SF Lot: 0.15 Acres
    Value Estimation by Request

    515 Frnt St, Mankato, MN 56001-3718

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    1900 Riverfront Dr
    BAR, TAVERN
    7,720 SF Lot: 0.55 Acres
    Value Estimation by Request

    1900 Riverfront Dr, Mankato, MN 56001-3128

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    1856 Madison Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,549 SF Lot: 1.41 Acres
    Estimated value
    $1,095,000

    1856 Madison Ave, Mankato, MN 56001-5448

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    930 Riverfront Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,560 SF Lot: 0.30 Acres
    Value Estimation by Request

    930 Riverfront Dr, Mankato, MN 56001-3338

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    1521 Tullamore St
    RESTAURANT
    4,032 SF Lot: 0.88 Acres
    Value Estimation by Request

    1521 Tullamore St, Mankato, MN 56001-4816

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    1901 Madison Ave Ste, Unit 200
    DRIVE-THRU RESTAURANT, FAST FOOD
    5,137 SF Lot: 1.11 Acres
    Value Estimation by Request
    Unit 200

    1901 Madison Ave Ste, Mankato, MN 56001-6278

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    Mankato, MN Restaurants Investment Opportunities Market Analysis

    Explore 69 restaurants for sale in Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,846 square feet of properties for sale, with an estimated market value of $5,325,000.

    Sale prices for restaurant properties in Mankato, MN start at $2,175,000, averaging $2,662,500, and reaching up to $3,150,000 — 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

    Drive through restaurants 4
    Coffee shops 1
    Conventional restaurants 1
    Turn key restaurants 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    56001 $1.1M

    Taxes & Financing

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

    Listings Trend

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