Retail

North Mankato, MN Retail Space for Sale

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Mixed-Use Property: Retail & Apartments
Updated: Dec 12, 2025
Mixed-Use Property: Retail & Apartments

235-257 Belgrade Avenue, North Mankato, MN 56003

$2,600,000
Mixed‑use property with modern retail space and five luxury apartments.
Upscale retail suite currently operating as a luxury skin and spa clinic.
Five well‑appointed apartments provide stable rental income.
Stylish modern apartment design with open layouts and abundant natural light.
Ideal for investors, owner‑operators, or entrepreneurs seeking a turnkey space.
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in North Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 1 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.

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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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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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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Retail Space Near University
Retail Space Near University

1601 Monks Avenue, Mankato, MN 56001

Contact for pricing
2,444 sqft

Prime retail space near Minnesota State University, Mankato.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

1105 Range St
RETAIL STORES (PERSONAL SERVICES)

1105 Range St, North Mankato, MN 56003-2214

$835,000
Estimated value
1,653 sqft 0.68 AC lot
View details
231 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

231 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request
2,250 sqft 0.09 AC lot
View details
241 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

241 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request
3,048 sqft 0.09 AC lot
View details
1910 Lor Ray Dr
RETAIL STORES (PERSONAL SERVICES)

1910 Lor Ray Dr, North Mankato, MN 56003-1229

Value Estimation by Request
11,520 sqft 3.86 AC lot
View details
300 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

300 Belgrade Ave, North Mankato, MN 56003-3804

$590,000
Estimated value
7,800 sqft 0.11 AC lot
View details
229 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

229 Belgrade Ave, North Mankato, MN 56003-3803

Value Estimation by Request
2,900 sqft 0.09 AC lot
View details
443 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

443 Belgrade Ave, North Mankato, MN 56003-3818

Value Estimation by Request
6,388 sqft 0.27 AC lot
View details
1705 Commerce Dr
RETAIL STORES (PERSONAL SERVICES)

1705 Commerce Dr, North Mankato, MN 56003-1802

$935,000
Estimated value
14,628 sqft 1.59 AC lot
View details
1103 Range St
Individual retail properties

1103 Range St, North Mankato, MN 56003

Value Estimation by Request
15,434 sqft
View details
1880 Commerce Dr
RETAIL STORES (PERSONAL SERVICES)

1880 Commerce Dr, North Mankato, MN 56003-1800

$920,000
Estimated value
10,716 sqft 4.98 AC lot
View details
407 Belgrade Ave
RETAIL STORES (PERSONAL SERVICES)

407 Belgrade Ave, North Mankato, MN 56003-3810

Value Estimation by Request
7,100 sqft 0.30 AC lot
View details

North Mankato, MN Retail Space Market Trends and Statistics

Explore 12 retail space for sale in North Mankato, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,600,000.

Sale prices for retail space in North Mankato, MN start at $2,600,000, averaging $2,600,000, and reaching up to $2,600,000 — 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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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 $2.6M

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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