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    North Mankato, MN Restaurants for Sale

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    Renovated Restaurant Building
    Updated: Apr 20
    Renovated Restaurant Building

    1123 Range Street, North Mankato, MN 56003

    $1,200,000
    4,500‑square‑foot former restaurant building on a 0.82‑acre site
    2022 renovations included a new roof, updated dining area, and new bar
    Highway 169 exposure with frontage‑road access
    Dining area, bar, kitchen area, and restrooms
    On‑site parking and accessible approach with ramp
    View details
    Former Restaurant Building
    Updated: Apr 21
    Former Restaurant Building

    1123 Range Street, North Mankato, MN 56003

    Contact for pricing
    4,508 sqft 0.82 AC lot
    4,500 SF former restaurant building available for sale or lease (built in 1979)
    Renovated in 2022 with a new roof, updated dining area, and new bar
    0.82‑acre site with ample on‑site parking
    Excellent visibility from Highway 169 with convenient access via a frontage road
    Near the 30,000 SF FORDE office/retail development and Benedicts Morning Heroes
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in North Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

    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.

    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.

    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
    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.

    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.

    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
    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

    Off-Market Properties in North Mankato, MN

    Consider similar Off-Market properties in North 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.

    1601 Lor Ray Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1601 Lor Ray Dr, North Mankato, MN 56003-2803

    Estimated value:
    $370,000
    2,655 sqft 0.80 AC lot
    View details
    1745 Commerce Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1745 Commerce Dr, North Mankato, MN 56003-1802

    Estimated value:
    $540,000
    3,110 sqft 1.04 AC lot
    View details
    1123 Range St
    RESTAURANT

    1123 Range St, North Mankato, MN 56003-2214

    Estimated value:
    $610,000
    4,508 sqft 1.32 AC lot
    View details
    1661 Commerce Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1661 Commerce Dr, North Mankato, MN 56003-1913

    Estimated value:
    $500,000
    2,452 sqft 0.92 AC lot
    View details
    1680 Commerce Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1680 Commerce Dr, North Mankato, MN 56003-1912

    Estimated value:
    $915,000
    4,549 sqft 1.83 AC lot
    View details
    503 Belgrade Ave
    RESTAURANT

    503 Belgrade Ave, North Mankato, MN 56003-3820

    Estimated value:
    $280,000
    5,074 sqft 0.56 AC lot
    View details
    253 Belgrade Ave
    RESTAURANT

    253 Belgrade Ave, North Mankato, MN 56003-3803

    Estimated value:
    $270,000
    4,095 sqft 0.12 AC lot
    View details
    1006 Riv Dr
    BAR, TAVERN

    1006 Riv Dr, North Mankato, MN 56003-2216

    Estimated value:
    $250,000
    1,740 sqft 0.61 AC lot
    View details
    1102 Riv Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    1102 Riv Dr, North Mankato, MN 56003-2218

    Estimated value:
    $320,000
    3,188 sqft 2.08 AC lot
    View details
    256 Belgrade Ave
    BAR, TAVERN

    256 Belgrade Ave, North Mankato, MN 56003-3802

    Estimated value:
    $255,000
    4,800 sqft 0.13 AC lot
    View details
    301 Belgrade Ave
    BAR, TAVERN

    301 Belgrade Ave, North Mankato, MN 56003-3805

    Estimated value:
    $250,000
    1,432 sqft 0.04 AC lot
    View details
    239 Belgrade Ave
    RESTAURANT

    239 Belgrade Ave, North Mankato, MN 56003-3803

    Estimated value:
    $260,000
    5,616 sqft 0.09 AC lot
    View details

    North Mankato, MN Restaurants Market Trends and Statistics

    Explore 14 restaurants for sale in North Mankato, MN on our real estate platform. These investment opportunities span a total of 4,508 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for restaurant properties in North Mankato, MN average $1,200,000 — 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

    Conventional restaurants 3

    Demographics Overview

    Population 15K
    Population Growth (5Y) +4.9%
    Median Household Income $80,587
    College Educated 56.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Mankato - 56003 $1.2M

    Property Size Breakdown

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

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