Mankato MN Real Estate & Commercial for Sale

45 Properties Found

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Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041491
Type:
Other
Year built:
2012
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Beautifully designed former salon and barber shop now available for lease in the Lofts @1633 building. This commercial retail space is in a prime location within walking distance to Minnesota State University, Mankato, which is home to over 15,000 college students. Building tenants include Subway, Wynn Nails, Yu's Chinese, Qdoba and student apartments located above the commercial retail level. With an original build-out cost of over $150,000, this inviting atmosphere is set up perfectly for a new salon owner or any entrepreneur looking to establish or expand their business. Additional possibilities with this space include a dance/fitness/wellness studio, coffee shop, boutique, med spa and more. Whether you're opening your first location, expanding your existing business, or bringing a fresh concept to the area, this versatile space offers the opportunity to create a business environment tailored to your needs. Flexible lease terms. In addition to base rent, tenant responsible for share of CAM, insurance and real estate tax expenses and separately metered utilities.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041317
Type:
Industrial
Year built:
2006
A broker reciprocity listing Courtesy: Connect Real Estate Group
View additional info

ADDITIONAL INFORMATION

High volume traffic location just off Highway 169. Metal pole building with plenty of parking in front & limited parking in back.  Great exposure, easy to find location.  2400 sq. feet, including 1200 sq feet of shop, 3 offices, 2 bathrooms, and attached 16X30 garage space.  Tenant pays all utilities.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7133568
Type:
General Commercial
Subdivision:
Mankato City
Year built:
1946
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

Own a piece of Mankato history with this iconic property, famously known as the Kato Ballroom and Kato Entertainment Center. Constructed in 1946, this landmark has long been recognized as a notable part of the community’s history and entertainment scene. Steeped in character and history, the property offers a truly unique opportunity to bring new vision to a well-known Mankato landmark. Whether envisioned for continued entertainment use, a creative redevelopment project, or another purpose, this one-of-a-kind property presents possibilities that are difficult to duplicate. A rare opportunity to own a piece of local history and create its next chapter.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041290
Type:
Office
Year built:
1926
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Opportunity to have a office downtown! Space available in 110 or 114 E Walnut, or rent BOTH! 114 offers 979 sq feet of office space at $815 a month. 110 is 2,137 SF of office space available at $10/sf/year + $5/sf/op ex. Utilities to be paid by the tenant. High foot and car traffic area, near downtown amenities. Broker is owner.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041289
Type:
Office
Year built:
1926
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

2,137 SF of office space available on the second floor above a bar/restaurant. High foot and car traffic area, near downtown amenities. $10/sf/year + $5/sf/op ex. Utilities to be paid by the tenant. Broker is owner.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041280
Type:
Office
Year built:
1926
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Opportunity to have a office downtown! This space includes a group of 4 offices on the second floor of the La Salle building. $815/month. Utilities to be paid by the tenant. Broker is owner

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041278
Type:
Office
Year built:
1968
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Rent a double office space for as low as $699.00 a month. Month to month leasing available. Included in rent is use of the conference room, reception area, kitchenette & parking lot. Enjoy your own private heating, cooling & ventilation system in personal office, as well as Madison Ave mailing address along with a personal mailbox. Located on Mankato Hilltop with a traffic count of 25,500 cars a day. Rent includes utilities but does not include internet, cable or phone. Broker is owner.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041223
Type:
Office
Year built:
1933
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Great office space available on the corner of Broad St. Space offers a large reception area, private office space/conference room, and several cubicle style offices.

Beds:
n/a
Baths:
Sq.Ft.:
5,500
Status:
Active
MLS#:
267041172
Type:
Office
Year built:
1968
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Up to 5,500 square feet available. Lower level for lease at $13/sq ft/year. Upper and main level for lease at $20/sq ft/year. Included in rent is use of the conference room, Reception area, Kitchenette & Parking Lot. Bathrooms are shared amongst tenants. Lower level conference room available for use as well. Opportunity to rent 3 8x8 offices across from lower level space as well. Located on Madison Ave, Mankato Hilltop with a traffic count of 25,500 cars a day. Broker is owner.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7125475
Type:
General Commercial
Lot size:
2.68 Acres
Year built:
1981
A broker reciprocity listing Courtesy: Keller Williams Premier Realty 507-424-4422
View additional info

ADDITIONAL INFORMATION

2.68 acres total in Mankato location with easy on & off access to Hwy 169 featuring not only a 4900+ sq ft building but an exceptional opportunity for further development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7125429
Type:
General Commercial
Lot size:
0.71 Acres
Year built:
1981
A broker reciprocity listing Courtesy: Keller Williams Premier Realty 507-424-4422
View additional info

ADDITIONAL INFORMATION

Great Mankato location with easy on & off access to/from Hwy 169 featuring a 2400+ sq ft heated shop with 14 foot and 8 foot garage doors. Dedicated professional office space, break room &extensive storage ready for a variety of users such as auto repair shop, auto body shop, contractor business, small engine service, fabrication or light industrial use. This is a practical, no-wasted-space layout built for businesses that need to get to work — with just the right mix of functional shop space and everyday operational comfort.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041165
Type:
Other
Year built:
1981
A broker reciprocity listing Courtesy: Keller Williams Premier Realty
View additional info

ADDITIONAL INFORMATION

2.68 acres total in Mankato location with easy on & off access to Hwy 169 featuring not only a4900+ sq ft building but an exceptional opportunity for further development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041091
Type:
General Commercial
Subdivision:
MVAC Building
Year built:
1973
A broker reciprocity listing Courtesy: TRUE REAL ESTATE
View additional info

ADDITIONAL INFORMATION

18,415 SF clear-span warehouse space available for lease. This versatile industrial space features approximately 20-foot clear ceiling heights, two overhead doors, a private office, a small mezzanine, newly added dedicated restrooms, and a new private entrance directly from the parking lot for convenient tenant access. The flexible layout also offers the potential to add a demising wall, allowing the space to be divided to accommodate a variety of tenant sizes and uses. Offered at $8.00/SF Gross, with heat, air conditioning, electricity, and real estate taxes included in the lease rate. Ideal for warehouse, distribution, manufacturing, storage, light industrial, or other commercial users seeking a highly functional and adaptable space.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040852
Type:
Office
Year built:
1976
A broker reciprocity listing Courtesy: TRUE REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Well-appointed commercial office space offering stunning views of Lake Dorothy. Features three private offices, including one with a gas fireplace, a spacious conference room/library, and a welcoming reception area. Includes two bathrooms with ADA-compliant grab bars, a full kitchen, and in-unit washer and dryer. Open floor plan with public and private entrances, plus a two-stall garage and additional extra storage area. Zoned O-R (Office Residential) and ideal for a variety of professional uses in a comfortable, scenic setting.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040774
Type:
Office
Year built:
1919
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Available office space with two offices and a reception area in the stunning Union Square Building! Tenants also share access to communal break room and conference room. Lease rate is $21 per sq ft, per year + utilities.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267041075
Type:
Multi-Family
Year built:
1900
A broker reciprocity listing Courtesy: Keller Williams Premier Realty
View additional info

ADDITIONAL INFORMATION

8-Unit Multifamily Mankato A rare turnkey opportunity in one of Mankato's most in-demand rental corridors. This well-maintained 8-plex offers a mix of spacious 4- and 5-bedroom units, ideal for both student housing and families seeking room to grow. With its generous bedroom counts, the property is well-suited to a flexible tenant mix — large student groups looking to split rent affordably, families needing multiple bedrooms in a single, well-located home. Located close to local amenities and transit routes, & Minnesota State University, Mankato. Fully leased till 7-14-2027

Beds:
n/a
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040716
Type:
Retail
Year built:
2015
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Now available for lease, this highly visible freestanding commercial property offers a rare drive-thru opportunity in one of Mankato's most active retail and service corridors. Strategically positioned just off Highway 169 with convenient access from the Highway 14 bypass, the property benefits from exceptional visibility, strong traffic counts, and seamless customer access. Designed for flexibility, the building is well-suited for restaurant, retail, catering, or mixed-use concepts. The existing infrastructure includes three commercial kitchen hoods, a dual-room walk-in freezer, and a versatile floor plan that can easily accommodate a variety of business models—from quick-service and full-service dining to specialty retail or food production operations. The site features ample on-site parking, excellent ingress and egress, and strong surrounding demographics, creating an ideal environment for businesses seeking maximum exposure and customer convenience. Located within a thriving trade area with a median household income of approximately $61,726, this property offers a compelling opportunity for both established operators and growing brands. Rent is $20/SF/YR NNN with a minimum lease term of 5 years. Don't miss the chance to secure a premier drive-thru location in Southern Minnesota's dynamic commercial marketplace. Contact us today for additional information or to schedule a private tour.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7069140
Type:
General Commercial
Lot size:
0.24 Acres
Year built:
1990
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

1618 + 1620 3rd Ave - Commercial package opportunity featuring an approximately 3,600 sq ft usable office/commercial building plus an additional redevelopment site. Ideal for an owner-user, investor, or buyer looking for current functionality with future expansion. Properties sold as-is. Buyer to verify zoning, use, and assessments.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7040325
Type:
General Commercial
Year built:
1990
A broker reciprocity listing Courtesy: TRUE REAL ESTATE
View additional info

ADDITIONAL INFORMATION

1618 + 1620 3rd Ave - Commercial package opportunity featuring an approximately 3,600 sq ft usable office/commercial building plus an additional redevelopment site. Ideal for an owner-user, investor, or buyer looking for current functionality with future expansion. Properties sold as-is. Buyer to verify zoning, use, and assessments.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7058525
Type:
General Commercial
Lot size:
7.5 Acres
Year built:
2021
A broker reciprocity listing Courtesy: Bridge Realty, LLC 952-368-0021
View additional info

ADDITIONAL INFORMATION

Rare opportunity to open a restaurant in a prime location! The upper area of the pickle barn is for lease - lots of traffic throughout the day.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7040015
Type:
Business Opportunities
Year built:
2021
A broker reciprocity listing Courtesy: BRIDGE REALTY
View additional info

ADDITIONAL INFORMATION

Rare opportunity to open a restaurant! The upper area of the Picklebarn is looking for a tenant to run their restaurant business out of. Many businesses around the area and a lot of foot traffic every day! Please call listing agent for showings!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7049981
Type:
General Commercial
Lot size:
0.24 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Keller Williams Premier Realty 507-424-4422
View additional info

ADDITIONAL INFORMATION

28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

Beds:
1
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039895
Type:
Multi-Family
Year built:
1926
A broker reciprocity listing Courtesy: Keller Williams Premier Realty
View additional info

ADDITIONAL INFORMATION

28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

Beds:
n/a
Baths:
8.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
7048327
Type:
General Commercial
Lot size:
0.44 Acres
Year built:
1969
A broker reciprocity listing Courtesy: Keller Williams Premier Realty 507-424-4422
View additional info

ADDITIONAL INFORMATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039815
Type:
General Commercial
Year built:
1950
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1950. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments, consisting of 8 two bedroom units and 30 one bedroom units, went through a total remodel in 2022 and early 2023. There is ample parking on the property for all residents. Building #2 (121 E Cherry St) is a commercial building consisting of 12,663SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. Building #3 (117 E Cherry St) is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Mankato Real Estate

Mankato is located in Minnesota. Mankato, Minnesota has a population of 43,938. Mankato is less family-centric than the surrounding county with 28.54% of the households containing married families with children. The county average for households married with children is 30.05%.

The median household income in Mankato, Minnesota is $56,274. The median household income for the surrounding county is $65,000 compared to the national median of $69,021. The median age of people living in Mankato is 26.8 years.

Mankato Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 31.7 inches per year, with 42.6 inches of snow per year.

Mankato Map

Mankato Real Estate Market Conditions

  • Median sales price

    $323,750
    11.6%
    change since last quarter
  • # Active listings

    362
    30-day change

Mankato Schools and Demographics

Education near Mankato, MN

City County
High School Graduates 93.7 94.8
College Degree - 2 year 13.18 13.68
College Degree - 4 year 38.87 35.55
Graduate Degree 9.65 8.38
Expenditures per Student 14,198 14,198
Students per Teacher 15.5 15.5

Elementary Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Bridges Community Elementary School KG - 05 147 15.4 56001
Eagle Lake Elementary School KG - 05 360 15.5 56024
Franklin Elementary School KG - 06 694 14.3 56001
Hoover Elementary School KG - 05 543 17.9 56003
Jefferson Elementary School KG - 05 261 14.9 56001
Kennedy Elementary School KG - 05 392 13.4 56001
Maple River West Elementary School PK - 05 242 15 56037
Monroe Elementary School KG - 05 481 17.1 56003
Roosevelt Elementary School KG - 05 356 15.9 56001
Rosa Parks Elementary School KG - 05 466 14.8 56001
St. Clair Elementary PK - 06 384 16 56080
Washington Elementary School KG - 05 394 14.2 56001

Middle Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Dakota Meadows Junior High School 07 - 08 548 15.5 56001
Garfield Elementary School 06 - 06 289 19.4 56003
Mankato East Junior School 07 - 08 556 16.4 56001

High Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Mankato East Senior High School 09 - 12 981 17.2 56001
Mankato West Senior High School 09 - 12 1,148 17.8 56001
St. Clair Secondary 07 - 12 289 17.5 56080

Ungraded Schools near Mankato, MN

Grades Students P/T Ratio ZIP
* Central Freedom School 07 - 12 5 5 56001
* Central High Area Learning Center 09 - 12 57 6.8 56001
* Life Lines Adult Connection 11 - 12 0 1.1 56001
* Mankato Area Night School 09 - 12 30 56001
* Mankato Area Summer School 09 - 12 0 56001
Futures Program KG - 12 20 3.2 56001
KATO Public Charter School 06 - 12 83 10.8 56001
Socrates Online 01 - 12 0 56003
Special Education PK - 12 250 16.7 56001

Demographics near Mankato, MN

City County
Neighborhood Type Suburban
Population 43,938 68,575
Population Density 2,303 92
Median Age 26.8 31.4
People per Household 2.4 2.4
Median Household Income 56,274 65,000
Average Income per Capita 28,850 32,121

Real estate near Mankato