Theaters & Concert Hall

Mankato, MN Theaters & Concert Halls for Sale

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Theater Property with Covered Parking
Updated: Aug 24
Theater Property with Covered Parking

200 Chestnut Street, Mankato, MN 56001

$999,995
2.50 AC lot
2.5‑acre parcel
Built in 1946
Central air conditioning and forced‑air heating
Covered parking
Accessible approach with ramp
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Historic Theater and Concert Hall
Updated: Aug 25
Historic Theater and Concert Hall

200 Chestnut Street, Mankato, MN 56001

Contact for pricing
28,153 sqft
Constructed in 1946
Known as the Kato Ballroom and Kato Entertainment Center
Established connection to Mankato’s entertainment history
Located at 200 Chestnut Street, Mankato, MN 56001
Potential directions include continued entertainment use or creative redevelopment
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mankato, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

State Theatre with Office Suite
State Theatre with Office Suite

316 Eau Claire Street, Eau Claire, WI 54701

$550,000
31,050 sqft 0.53 AC lot

A dance studio and renovated office area provide additional spaces alongside the theater.

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Refurbished Theater with Apartment
Refurbished Theater with Apartment

1320 Atlantic Ave, Benson, MN 56215

$234,900
6,350 sqft

Operating entertainment venue with concession equipment, upgraded projection, commercial zoning, and a rented two-bedroom apartment.

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State Theatre Performance Venue
State Theatre Performance Venue

316 Eau Claire Street, Eau Claire, WI 54701

$550,000
31,050 sqft

Downtown Eau Claire property combines a performance space with a dance studio, offices, and additional lower-level area.

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Refurbished Theater With Apartment
Refurbished Theater With Apartment

1320 Atlantic Avenue, Benson, MN 56215

$234,900
0.12 AC lot

Downtown venue includes concession equipment, an active food, beer, and wine license, and a rented two-bedroom apartment.

View details

Mankato, MN Theaters & Concert Halls Market Trends and Statistics

Explore 2 theaters & concert halls for sale in Mankato, MN on our real estate platform. These investment opportunities span a total of 28,153 square feet of properties for sale, with an estimated market value of $999,995.

Sale prices for performance venues in Mankato, MN average $999,995 — 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

Theaters & concert halls 2
Skating rinks 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 $1000K

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 100,000+ square foot range.

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