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    Mankato, MN Shopping Centers for Sale

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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 SF retail space in Monks Ave Retail Center
    Located at 1601 Monks Avenue, Mankato, MN 56001
    Near Minnesota State University, Mankato
    Access near a hard stoplight
    Co‑tenancy includes CVS, Domino's, Qdoba, Subway, and Kwik Trip
    View details
    Planet Fitness-Anchored Retail Center
    Updated: Jul 20
    Planet Fitness-Anchored Retail Center

    1809-1859 Adams Street, Mankato, MN 56001

    $9,950,000
    47,000 sqft
    Retail shopping center in Mankato, MN located directly across from River Hills Mall
    Anchored by Planet Fitness
    Total of 9 tenants in the 47,000 SF center
    Other area tenants include Best Buy and Sleep Number mattresses
    Chick‑fil‑A coming soon
    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Occupied Retail Shopping Center
    Occupied Retail Shopping Center

    1861 Adams Street, Mankato, MN 56001

    Contact for pricing
    12,988 sqft

    Signalized-intersection access places the center directly across from River Hills Mall.

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    Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 4 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Space in Burnsville Center
    Retail Space in Burnsville Center

    712-728 County Road 42, Burnsville, MN 55337

    Contact for pricing
    7,744 sqft

    Retail space available in Burnsville Shopping Center.

    View details
    Retail Space in Burnsville Center
    Retail Space in Burnsville Center

    1601-1617 County Road 42 W, Burnsville, MN 55306

    Contact for pricing
    122,323 sqft

    Retail space available in high-traffic Burnsville shopping center.

    View details
    Waconia Square Retail/Office Center
    Waconia Square Retail/Office Center

    236 West 1st Street, Waconia, MN 55387

    Contact for pricing
    38,412 sqft

    Neighborhood center in downtown Waconia, one block from Lake Waconia.

    View details
    Newly Constructed Multi-Tenant Shopping Center
    Newly Constructed Multi-Tenant Shopping Center

    10720 & 10730 10th St W, Waconia, MN 55387

    Contact for pricing

    New construction combines a retail center with an adjacent freestanding Dollar Tree and a lineup of established storefront tenants.

    View details

    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.

    2132 Hoffman Rd
    SHOPPING CENTER, STRIP CENTER

    2132 Hoffman Rd, Mankato, MN 56001-5863

    $2,200,000
    Estimated value
    22,136 sqft 1.58 AC lot
    View details
    551 Belle Ave
    SHOPPING CENTER, STRIP CENTER

    551 Belle Ave, Mankato, MN 56001-4762

    $430,000
    Estimated value
    7,200 sqft 0.99 AC lot
    View details
    320 Stadium Rd
    SHOPPING CENTER, STRIP CENTER

    320 Stadium Rd, Mankato, MN 56001-5165

    $1,050,000
    Estimated value
    6,556 sqft 0.95 AC lot
    View details
    511 Holly Ln
    SHOPPING CENTER, STRIP CENTER

    511 Holly Ln, Mankato, MN 56001-5814

    $300,000
    Estimated value
    5,852 sqft 1.03 AC lot
    View details
    1920 Adams St
    SHOPPING CENTER, STRIP CENTER

    1920 Adams St, Mankato, MN 56001-6802

    $2,750,000
    Estimated value
    7,488 sqft 1.18 AC lot
    View details
    201 Sioux Rd
    SHOPPING CENTER, STRIP CENTER

    201 Sioux Rd, Mankato, MN 56001-7114

    $3,195,000
    Estimated value
    17,015 sqft 1.64 AC lot
    View details
    500 Raintree Rd
    SHOPPING CENTER, STRIP CENTER

    500 Raintree Rd, Mankato, MN 56001-4838

    $2,115,000
    Estimated value
    23,342 sqft 2.38 AC lot
    View details
    121 Sioux Rd
    SHOPPING CENTER, STRIP CENTER

    121 Sioux Rd, Mankato, MN 56001-4897

    $1,505,000
    Estimated value
    12,400 sqft 1.13 AC lot
    View details
    1231 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    1231 Madison Ave, Mankato, MN 56001

    $810,000
    Estimated value
    7,199 sqft 0.52 AC lot
    View details
    1650 Tullamore St
    SHOPPING CENTER, STRIP CENTER

    1650 Tullamore St, Mankato, MN 56001-4861

    $505,000
    Estimated value
    12,972 sqft 1.10 AC lot
    View details
    287 Saint Andrews Dr
    SHOPPING CENTER, STRIP CENTER

    287 Saint Andrews Dr, Mankato, MN 56001-8584

    $1,100,000
    Estimated value
    6,800 sqft 0.95 AC lot
    View details
    500 Riverfront Dr
    SHOPPING CENTER, STRIP CENTER

    500 Riverfront Dr, Mankato, MN 56001-3701

    $1,430,000
    Estimated value
    9,040 sqft 0.68 AC lot
    View details
    1601 Monks Ave
    SHOPPING CENTER, STRIP CENTER

    1601 Monks Ave, Mankato, MN 56001

    $760,000
    Estimated value
    14,407 sqft 0.95 AC lot
    View details
    1859 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    1859 Madison Ave, Mankato, MN 56001-6200

    $320,000
    Estimated value
    4,350 sqft 0.64 AC lot
    View details
    111 Star St
    SHOPPING CENTER, STRIP CENTER

    111 Star St, Mankato, MN 56001-4888

    $580,000
    Estimated value
    15,903 sqft 1.46 AC lot
    View details
    507 Riverfront Dr
    SHOPPING CENTER, STRIP CENTER

    507 Riverfront Dr, Mankato, MN 56001-5697

    $425,000
    Estimated value
    5,460 sqft 0.21 AC lot
    View details
    1701 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    1701 Madison Ave, Mankato, MN 56001-5447

    $605,000
    Estimated value
    12,444 sqft 2.06 AC lot
    View details
    1580 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    1580 Madison Ave, Mankato, MN 56001-5442

    $305,000
    Estimated value
    3,907 sqft 0.84 AC lot
    View details
    1751 Victory Dr
    SHOPPING CENTER, STRIP CENTER

    1751 Victory Dr, Mankato, MN 56001-4598

    $475,000
    Estimated value
    13,016 sqft 1.53 AC lot
    View details
    1591 Tullamore St
    SHOPPING CENTER, STRIP CENTER

    1591 Tullamore St, Mankato, MN 56001-4816

    $345,000
    Estimated value
    4,836 sqft 0.50 AC lot
    View details

    Mankato, MN Shopping Centers Market Trends and Statistics

    Explore 57 shopping centers for sale in Mankato, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 63,712 square feet of properties for sale, with an estimated market value of $9,950,000.

    Sale prices for plazas in Mankato, MN average $9,950,000 — 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

    Storefront properties 12
    Shopping centers 9
    Automotive properties 5
    Showrooms 3
    Auto shops 2

    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 $3.3M

    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%

    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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