Restaurants

Mankato, MN Restaurants for Sale

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North Mankato, MN Saint Clair, MN Eagle Lake, MN Madison Lake, MN Good Thunder, MN Kasota, MN St Peter, MN Lake Crystal, MN
6 properties
Upper-Level Restaurant Space
Updated: Apr 20
Upper-Level Restaurant Space

90 Power Drive, Mankato, MN 56001

Contact for pricing
7.50 AC lot
7.5‑acre property at 90 Power Drive in Mankato
Upper area of the pickle barn is available for restaurant use
Built in 2021
Central air conditioning and forced‑air heating
Parking lot on site
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Starbucks Coffee Shop
Updated: Sep 26
Starbucks Coffee Shop

895 Madison Avenue, Mankato, MN 56001

$2,239,631
11,932 sqft
Leased to Starbucks Corporation under a new 10‑year lease
Four 5‑year option periods; rent increases every five years
Located at a signalized Madison Avenue corner
Adjacent to the Mayo Clinic hospital
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Turn-Key Restaurant with Commercial Kitchen
Turn-Key Restaurant with Commercial Kitchen

2041 Blazing Star Dr, Mankato, MN 56001

$1,450,000
2,955 sqft

2019-built restaurant renovated in 2025, with kitchen/bar equipment, 18' Ansul exhaust hood, and walk-in cooler/freezer.

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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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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 78 Potential Opportunities for your consideration. Besides 6 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 Street, North Mankato, MN 56003

Contact for pricing
4,508 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.

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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.

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Restaurant with Outdoor Patio
Restaurant with Outdoor Patio

204 1st Avenue, Pemberton, MN 56078

$249,000
0.21 AC lot

A single-story restaurant and bar features two separate bar areas, guest seating, and an accessible approach ramp.

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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.

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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.

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.

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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.

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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

519 Frnt St, Mankato, MN 56001-3718

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

521 Frnt St, Mankato, MN 56001-3718

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

51646 Us Hwy 169, Mankato, MN 56001-6584

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

420 Frnt St, Mankato, MN 56001-3715

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

422 Frnt St, Mankato, MN 56001

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

301 Saint Andrews Dr, Mankato, MN 56001-8594

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

232 Belgrade Ave, Mankato, MN 56003-3802

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

1790 Madison Ave, Mankato, MN 56001-5446

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

814 Riverfront Dr, Mankato, MN 56001-3336

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

1040 Madison Ave, Mankato, MN 56001-6144

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

2112 Broad Ct, Mankato, MN 56001-3277

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

1041 Madison Ave, Mankato, MN 56001-6143

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

500 Frnt St, Mankato, MN 56001-3717

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

524 Riverfront Dr, Mankato, MN 56001-3449

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

625 Madison Ave, Mankato, MN 56001-6111

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

515 Frnt St, Mankato, MN 56001-3718

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

1900 Riverfront Dr, Mankato, MN 56001-3128

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

1856 Madison Ave, Mankato, MN 56001-5448

Estimated value:
$1,185,000
4,549 sqft 1.41 AC lot
View details

Mankato, MN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Mankato, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 18,297 square feet of properties for sale, with an estimated market value of $3,689,631.

Sale prices for restaurant properties in Mankato, MN start at $1,450,000, averaging $1,844,815, and reaching up to $2,239,631 — 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

Conventional restaurants 4
Commercial kitchens 3
Drive through restaurants 3
Coffee shops 2
Bars & Pubs 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 $1.8M

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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