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    Mankato, MN
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    Mankato, MN Retail Properties & Spaces for Sale

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    12 properties
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    Victory Drive Commercial Opportunity
    Updated: Feb 10
    Victory Drive Commercial Opportunity

    219 S Victory Drive, Mankato, MN 56001

    $1,199,000
    6,000 sqft 0.82 AC lot
    Prime Victory Drive location with high visibility and frontage road access.
    Existing lease with martial arts studio provides immediate income.
    Versatile property suitable for retail, service, or light industrial use.
    Large warehouse space (approx. 4,800 sq ft) with eight overhead doors.
    Retail/showroom area (approx. 6,000 sq ft) with offices, storage, kitchenette, and ADA compliant bathroom.
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    Retail Space Near University
    Updated: Jan 21, 2025
    Retail Space Near University

    1601 Monks Avenue, Mankato, MN 56001

    Contact for pricing
    2,444 sqft
    Prime 2,444 SF retail space in the Monks Ave Retail Center.
    Unbeatable location steps from Minnesota State University, Mankato.
    High‑traffic corridor with maximum visibility and accessibility.
    Situated near a hard stoplight, benefiting from steady vehicular and pedestrian traffic.
    Strong mix of national and regional cotenants including CVS, Domino's, Qdoba, Subway, and Kwik Trip.
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    Retail Space Near Minnesota State
    Retail Space Near Minnesota State

    1633 Monks Ave, Mankato, MN

    $7,700,000
    2,444 sqft 1.50 AC lot

    Retail space near Minnesota State University, Mankato.

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    Single Tenant Retail Box
    Single Tenant Retail Box

    2020 Adams St., Mankato, MN 56001

    $3,418,618
    23,500 sqft

    Retail space for sale in Blue Earth County.

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    Retail Property in Mankato
    Retail Property in Mankato

    521-523 N Riverfront Dr, Mankato, MN

    $735,000
    10,332 sqft 0.16 AC lot

    Retail property with 10,332 square feet of space.

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    Mankato Riverfront Plaza Retail Center
    Mankato Riverfront Plaza Retail Center

    1400 South Riverfront Drive, Mankato, MN 56001

    Contact for pricing
    3,724 sqft

    Fully renovated retail center in Mankato, Minnesota.

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    Retail Space on Madison Avenue
    Retail Space on Madison Avenue

    1740 Madison Ave, Mankato, MN 56001

    Contact for pricing
    125,000 sqft

    Retail space with store-front facing main corridor along Madison Ave.

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    Stabilized Retail Strip Center
    Stabilized Retail Strip Center

    511 Holly Ln, Mankato, MN 56001

    $3,490,000

    Retail strip center in Mankato, MN with NNN leases.

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    Retail Space Near River Hills
    Retail Space Near River Hills

    1861 Adams Street |, Mankato, MN 56001

    Contact for pricing
    12 sqft

    1,553 SF retail space in Mankato's busiest retail area.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    521 - 523 North Riverfront Drive |, Mankato, MN 56001

    $735,000

    Mixed-use property with residential and commercial units in Mankato.

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    Mister Car Wash Investment Opportunity
    Mister Car Wash Investment Opportunity

    1541 Madison Avenue, Mankato, MN 56001

    Contact for pricing

    Net leased Mister Car Wash in Mankato's primary retail corridor.

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    Retail Space with Mezzanine Level
    Retail Space with Mezzanine Level

    1701 Adams St, Mankato, MN

    Contact for pricing
    9,819 sqft 1.46 AC lot

    Retail space featuring a mezzanine level with offices and storage.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Turnkey Restaurant Opportunity in New Ulm
    Turnkey Restaurant Opportunity in New Ulm

    1922 S Broadway St, New Ulm, MN 56073

    $1,200,000
    4 sqft

    Restaurant property with drive-through, ready for immediate operation.

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    Versatile Retail/Cultivation/Manufacturing Facility
    Versatile Retail/Cultivation/Manufacturing Facility

    1230 N State St, Waseca, MN

    $3,850,000
    43,693 sqft 7.54 AC lot

    Adaptable space ideal for retail, cultivation, food manufacturing, and cold storage.

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    Commercial Building For Sale/Lease
    Commercial Building For Sale/Lease

    1401 S Broadway St, New Ulm, MN 56073

    $199,900
    4,000 sqft

    Commercial building available for sale or lease, divisible into two units.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    102 State St N, Waseca, MN 56093

    $495,000

    Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

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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

    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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    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.

    402 2nd St
    CONVENIENCE STORE

    402 2nd St, Mankato, MN 56001-3401

    Value Estimation by Request
    1,296 sqft 0.30 AC lot
    View details
    411 Riverfront Dr
    RETAIL STORES (PERSONAL SERVICES)

    411 Riverfront Dr, Mankato, MN 56001-3400

    Value Estimation by Request
    6,908 sqft 0.08 AC lot
    View details
    1541 Madison Ave
    RETAIL STORES (PERSONAL SERVICES)

    1541 Madison Ave, Mankato, MN 56001-5443

    $2,270,000
    Estimated value
    2,208 sqft 1.58 AC lot
    View details
    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
    3010 Adams St
    CONVENIENCE STORE

    3010 Adams St, Mankato, MN 56001-7773

    Value Estimation by Request
    7,525 sqft 9.96 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
    634 Frnt St
    RETAIL STORES (PERSONAL SERVICES)

    634 Frnt St, Mankato, MN 56001-3801

    Value Estimation by Request
    3,520 sqft 0.08 AC lot
    View details
    727 Frnt St
    RETAIL STORES (PERSONAL SERVICES)

    727 Frnt St, Mankato, MN 56001-3804

    Value Estimation by Request
    1,600 sqft 0.06 AC lot
    View details
    1416 Riverfront Dr
    RETAIL STORES (PERSONAL SERVICES)

    1416 Riverfront Dr, Mankato, MN 56001-3253

    $615,000
    Estimated value
    9,276 sqft 1.05 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

    Mankato, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Mankato, MN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 42,276 square feet of properties for sale, with an estimated market value of $13,052,618.

    Sale prices for stores in Mankato, MN start at $735,000, averaging $3,263,154, and reaching up to $7,700,000 — 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

    Shopping centers 9
    Automotive properties 2
    Storefront properties 2
    Banks 1
    Car washes 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 $1.7M

    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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