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Mankato, MN Storefront Properties for Sale

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Shopping Center Retail Space Near University
Updated: Jan 21, 2025
Shopping Center Retail Space Near University

1601 Monks Avenue, Mankato, MN 56001

Contact for pricing
2,444 SF retail suite within Monks Ave Retail Center
Near Minnesota State University, Mankato (just steps away)
Near a hard stoplight for steady vehicular and pedestrian traffic
Tenant mix in the center includes CVS, Domino's, Qdoba, Subway, and Kwik Trip
Built in 2012 with a flat roof
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Street Retail and Upper-Floor Apartments
Street Retail and Upper-Floor Apartments

201-205 S Minnesota Ave, Saint Peter, MN 56082

$1,044,000
6,240 sqft

Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.

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Two-Story Downtown Retail Building
Two-Story Downtown Retail Building

119 N Minnesota St, New Ulm, MN 56073

Contact for pricing
4,825 sqft

Well-maintained two-story retail building with basement storage and an unfinished attic for future expansion.

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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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Historic Mixed-Use Building
Historic Mixed-Use Building

122 S Minnesota Avenue, Saint Peter, MN 56082

$1,999,000
21,600 sqft

Historic multi-level property combining commercial spaces, apartments, and distinctive row houses under mixed-use zoning.

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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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Business Park Commercial Land Lot
Business Park Commercial Land Lot

865/867/869 Meander Court, Medina, MN 55340

$120,000
0.15 AC lot

Commercially zoned lot in Rolling Greens Business Park, suitable for business services, retail, or medical development.

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High-Traffic Commercial Lot on Lake
High-Traffic Commercial Lot on Lake

2815 E Lake Street, Minneapolis, MN 55406

$205,000
0.16 AC lot

Commercial lot in high-traffic Minneapolis location, ideal for business.

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Industrial Land Parcel with Two Lots
Industrial Land Parcel with Two Lots

Kennard Street, Saint Paul, MN 55106

$78,900
0.29 AC lot

Industrial-zoned land sold as one offering two combined lots in Saint Paul.

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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.

St Andrews Dr
Individual retail properties

0 St Andrews Dr, Mankato, MN 56001

Value Estimation by Request
5,000 sqft 1.00 AC lot
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731 Front St
Individual retail properties

731 Front St, Mankato, MN 56001

Value Estimation by Request
1,478 sqft
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Mankato, MN Storefront Properties Market Trends and Statistics

Explore 3 storefront properties for sale in Mankato, MN on our real estate platform.

Sale prices for retail units in Mankato, MN average $4,073 — 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 7
Storefront properties 6
Showrooms 3
Automotive properties 2
Car washes 1

Demographics Overview

Population 66K
Population Growth (5Y) +5.3%
Median Household Income $70,313
College Educated 26.5%

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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