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 Saint Peter, MN Lake Crystal, 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
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Arby's Investment Property For Sale
Updated: Jan 30
Arby's Investment Property For Sale

520 S Riverfront Dr, Mankato, MN 56001

$2,100,000
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.
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Bar and Restaurant with Dining
Bar and Restaurant with Dining

424 South Front Street, Mankato, MN 56001

$425,000
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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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
Former Restaurant Building For Sale

1123 Range Street, North Mankato, MN 56003

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

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

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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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Lakeside Hospitality Business Opportunity
Lakeside Hospitality Business Opportunity

803 Main Street |, Madison Lake, MN 56063

Contact for pricing
3,000 sqft

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

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Lakeside Hospitality Business Opportunity
Lakeside Hospitality Business Opportunity

805 Main St, Madison Lake, MN

Contact for pricing
6,056 sqft 0.78 AC lot

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

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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.

Mankato Commercial Land For Sale
Mankato Commercial Land For Sale

Coneflower Lane, Mankato, MN 56001

$937,312
1.26 AC lot

Prime commercial ground in Mankato's newest development area.

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Prime Commercial Outlot Opportunity
Prime Commercial Outlot Opportunity

Premier Drive, Mankato, MN 56001

$300,000
0.75 AC lot

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

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Commercial Land Near Retail Hub
Commercial Land Near Retail Hub

1770 Premier Drive, Mankato, MN 56001

Contact for pricing

Land available in high-traffic area near major retailers.

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Commercial Land Near Retail Hub
Commercial Land Near Retail Hub

1780 Premier Drive, Mankato, MN 56001

Contact for pricing

Land available in high-traffic area near major retailers.

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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

$805,000
Estimated value
2,436 sqft 0.08 AC lot
View details
521 Frnt St
BAR, TAVERN

521 Frnt St, Mankato, MN 56001-3718

$805,000
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

Value Estimation by Request
2,442 sqft 0.27 AC lot
View details
1790 Madison Ave
RESTAURANT

1790 Madison Ave, Mankato, MN 56001-5446

Value Estimation by Request
4,247 sqft 1.39 AC lot
View details
814 Riverfront Dr
DRIVE-THRU RESTAURANT, FAST FOOD

814 Riverfront Dr, Mankato, MN 56001-3336

$750,000
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

$920,000
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

Value Estimation by Request
2,806 sqft 1.59 AC lot
View details
1041 Madison Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1041 Madison Ave, Mankato, MN 56001-6143

Value Estimation by Request
1,719 sqft 0.47 AC lot
View details
500 Frnt St
RESTAURANT

500 Frnt St, Mankato, MN 56001-3717

$850,000
Estimated value
5,646 sqft 0.35 AC lot
View details
524 Riverfront Dr
BAR, TAVERN

524 Riverfront Dr, Mankato, MN 56001-3449

Value Estimation by Request
3,952 sqft 0.24 AC lot
View details
625 Madison Ave
DRIVE-THRU RESTAURANT, FAST FOOD

625 Madison Ave, Mankato, MN 56001-6111

Value Estimation by Request
1,383 sqft 0.34 AC lot
View details
515 Frnt St
BAR, TAVERN

515 Frnt St, Mankato, MN 56001-3718

Value Estimation by Request
8,118 sqft 0.15 AC lot
View details
1900 Riverfront Dr
BAR, TAVERN

1900 Riverfront Dr, Mankato, MN 56001-3128

Value Estimation by Request
7,720 sqft 0.55 AC lot
View details
1856 Madison Ave
DRIVE-THRU RESTAURANT, FAST FOOD

1856 Madison Ave, Mankato, MN 56001-5448

$1,095,000
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

Value Estimation by Request
1,560 sqft 0.30 AC lot
View details
1521 Tullamore St
RESTAURANT

1521 Tullamore St, Mankato, MN 56001-4816

Value Estimation by Request
4,032 sqft 0.88 AC lot
View details
1901 Madison Ave Ste, Unit 200
DRIVE-THRU RESTAURANT, FAST FOOD

1901 Madison Ave Ste, Mankato, MN 56001-6278

Unit 200
Value Estimation by Request
5,137 sqft 1.11 AC lot
View details

Mankato, MN Restaurants Market Trends and Statistics

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 9,731 square feet of properties for sale, with an estimated market value of $3,975,000.

Sale prices for restaurant properties in Mankato, MN start at $425,000, averaging $1,325,000, and reaching up to $2,100,000 — 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
Conventional restaurants 2
Bars & Pubs 1
Coffee shops 1
Commercial kitchens 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 $2.2M

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%

Listings Trend

New vs delisted commercial listings in Blue Earth County

New Delisted

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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