Restaurants

North Mankato, MN Restaurants for Sale

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Mankato, MN Eagle Lake, MN Madison Lake, MN
Former Restaurant Building For Sale
Updated: Apr 20
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 former restaurant building available for sale or lease
0.82‑acre site with ample on‑site parking and convenient access via frontage road
Extensive 2022 renovations including a new roof, updated dining area, and new bar
Highway 169 visibility with strong traffic exposure
Commercial interior features include bar area, restrooms, kitchen area, and fire alarm/sprinkler system
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North Mankato Restaurant Opportunity
Updated: Dec 3, 2025
North Mankato Restaurant Opportunity

1745 Commerce Drive, North Mankato, MN 56003

$750,000
3,100 sqft
High‑traffic location off Commerce Drive in North Mankato.
Existing drive‑through infrastructure.
Well‑equipped second‑generation restaurant space.
Walk‑in freezer included.
Excellent visibility.
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Based on your search, we've compiled 22 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 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.

Restaurant for Sale with Pizza Oven
Restaurant for Sale with Pizza Oven

325 Broadway Street, Cleveland, MN 56017

$154,900

For-sale family restaurant with seating for 106 and a kitchen featuring a pizza oven.

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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.

View details
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.

View details
Established Restaurant with Pizza Oven
Established Restaurant with Pizza Oven

325 Broadway Street, Cleveland, MN 56017

$164,900

Family-owned restaurant with seating for 106 and pizza oven.

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 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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Land Near Retail Centers
Land Near Retail Centers

1750 Premier Drive, Mankato, MN 56001

Contact for pricing

Land suitable for fast food or service businesses.

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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.

View details
Commercial Land Near Retail Hub
Commercial Land Near Retail Hub

1740 Premier Drive, Mankato, MN 56001

Contact for pricing

Land suitable for fast food or service businesses.

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

Value Estimation by Request
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

$585,000
Estimated value
3,110 sqft · 1.04 AC lot
View details
1123 Range St
RESTAURANT

1123 Range St, North Mankato, MN 56003-2214

$685,000
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

Value Estimation by Request
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

$885,000
Estimated value
4,549 sqft · 1.83 AC lot
View details
503 Belgrade Ave
RESTAURANT

503 Belgrade Ave, North Mankato, MN 56003-3820

Value Estimation by Request
5,074 sqft · 0.56 AC lot
View details
253 Belgrade Ave
RESTAURANT

253 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request
4,095 sqft · 0.12 AC lot
View details
1006 Riv Dr
BAR, TAVERN

1006 Riv Dr, North Mankato, MN 56003-2216

Value Estimation by Request
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

Value Estimation by Request
3,188 sqft · 2.08 AC lot
View details
256 Belgrade Ave
BAR, TAVERN

256 Belgrade Ave, North Mankato, MN 56003-3802

Value Estimation by Request
4,800 sqft · 0.13 AC lot
View details
301 Belgrade Ave
BAR, TAVERN

301 Belgrade Ave, North Mankato, MN 56003-3805

Value Estimation by Request
1,432 sqft · 0.04 AC lot
View details
239 Belgrade Ave
RESTAURANT

239 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request
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 7,600 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for restaurant properties in North Mankato, MN start at $750,000, averaging $975,000, and reaching up to $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

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 $975K

Listings Trend

New vs delisted commercial listings in Blue Earth County

New Delisted

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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