Restaurants

North Mankato, MN Restaurants for Sale

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Mankato, MN Eagle Lake, MN Madison Lake, MN Saint Clair, MN Kasota, MN Saint Peter, MN Good Thunder, MN Lake Crystal, MN
Restaurant Building with Frontage Road Access
Updated: Apr 20
Restaurant Building with Frontage Road Access

1123 Range Street, North Mankato, MN 56003

$1,200,000
4,500‑square‑foot former restaurant building on a .82‑acre site with ample on‑site parking
Renovated in 2022: new roof, updated dining area, and new bar
Highway 169 visibility with convenient access via a frontage road
Built in 1979 with flat rubber roof
Sprinkler system plus fire alarm and smoke detectors
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Renovated Former Restaurant Building
Updated: Apr 21
Renovated Former Restaurant Building

1123 Range St, North Mankato, MN 56003

Contact for pricing
4,508 sqft 0.82 AC lot
4,500 SF former restaurant building for sale or lease
0.82‑acre site with ample on‑site parking
Excellent visibility from Highway 169 with access via a frontage road
Extensive renovations completed in 2022, including a new roof and updated dining area
Includes a bar area
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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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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 21 Potential Opportunities for your consideration. Besides 3 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.

Arby's Investment Property For Sale
Arby's Investment Property For Sale

520 S Riverfront Dr, Mankato, MN 56001

Contact for pricing
3,366 sqft

NNN leased Arby's with a drive-thru in Mankato, Minnesota.

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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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Turn-Key Restaurant Property
Turn-Key Restaurant Property

34166 State Hwy. 99, Saint Peter, MN 56082

Contact for pricing
8.67 AC lot

Built in 1997, this turn-key restaurant includes ample parking and scenic views on a large parcel.

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Small-Format Coffee Shop Cabin
Small-Format Coffee Shop Cabin

804 N Minnesota Ave, Saint Peter, MN 56082

Contact for pricing

Brand new small-format “cabin” Caribou Coffee concept located near Gustavus Adolphus College on Highway 169.

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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
Commercial Land

Premier Drive, Mankato, MN 56001

$300,000
0.75 AC lot

.75-acre out lot positioned along Highway 22 in front of Fleet Farm between Victory Drive and Highway 14.

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Commercial Land Zoned B-3
Commercial Land Zoned B-3

Coneflower Lane, Mankato, MN 56001

$937,312
1.26 AC lot

1.26-acre commercial land parcel zoned Highway Business District (B-3) near a hard-stop light on HWY 22.

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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

$370,000
Estimated value
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

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

1123 Range St, North Mankato, MN 56003-2214

$610,000
Estimated value
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

$500,000
Estimated value
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

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

503 Belgrade Ave, North Mankato, MN 56003-3820

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

253 Belgrade Ave, North Mankato, MN 56003-3803

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

1006 Riv Dr, North Mankato, MN 56003-2216

$250,000
Estimated value
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

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

256 Belgrade Ave, North Mankato, MN 56003-3802

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

301 Belgrade Ave, North Mankato, MN 56003-3805

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

239 Belgrade Ave, North Mankato, MN 56003-3803

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

North Mankato, MN Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in North Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,016 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 4
Drive through restaurants 1

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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