Mankato MN Real Estate & Commercial for Sale

20 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
7002159
Type:
General Commercial
Lot size:
0.33 Acres
Year built:
1955
A broker reciprocity listing Courtesy: CENTURY 21 Atwood 507-387-3131
View additional info

ADDITIONAL INFORMATION

Prime opportunity on North Riverfront Drive in Mankato! This 80 foot by 48 foot commercial property offers outstanding visibility, easy access, and off street parking, making it ideal for a wide range of business uses. Surrounded by well established neighbors including C&S Supply, Rooms and Rest Distribution Center and Outlet Center, Mankato Bearing, Midwest Insurance Group, and located just steps from Tourtellotte Park, this property benefits from strong daily traffic counts and a diverse mix of industrial, service, and professional businesses. A key advantage of this opportunity is ownership flexibility - the property owners are open to revitalizing or improving the building based on tenant needs and vision, allowing a future user to help shape the space to fit their operation. Whether you're looking for a high exposure location for retail, service, office, or light potential in one of Mankato's most recognizable corridors. Space was formerly Safelite Auto Glass and in addition to shop space, the property has a waiting area with reception desk, two bathrooms, and a separate office. Lease Terms are negotiable - Base Rent $12.50 SF, NNN Esimated $4 SF.

Beds:
n/a
Baths:
Sq.Ft.:
8,208
Status:
Active
MLS#:
6805492
Type:
General Commercial
Lot size:
0.24 Acres
Year built:
2016
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

This property finds its home in Mankato's Contractors Park. With a footprint of approximately 8208 SF, this open floor plan has heated and cooled shop/warehouse space of approximately 6624 SF with four 14'x15' overhead doors and floor drains. An additional finished space with smaller OHD to the main building has a space that could be an office/showroom separated from a larger open floor plan area/breakroom with full kitchen, and 3/4 bath. Washer/dryer hookups in the utility room complete the main floor of approximately 1524 SF. The upper level mezzanine has a flexible space and 5 private offices. Parking includes 5+ parking spaces with overflow available. This property is available for sale or lease. Association fees are $500/month for lawn care and snow removal.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7038862
Type:
General Commercial
Subdivision:
Swan River
Year built:
1920
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the propertyâ??s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Donâ??t miss out on this low-maintenance, income-generating opportunityâ??schedule a showing today!

Beds:
n/a
Baths:
Sq.Ft.:
2,220
Status:
Active
MLS#:
6804131
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
2023
A broker reciprocity listing Courtesy: RE/MAX Advantage Plus 507-514-6105
View additional info

ADDITIONAL INFORMATION

Groh Farm Storage and Garage Condos are Ideal for personal luxury storage, or expanding your business and warehousing needs. Invest today to expand your business, hobbies or real estate portfolio. Owning your space creates places an appreciating asset on your balance sheet, halts rent increases and may provide for additional tax benefits. A storage condo ensures you have the necessary space to grow. With options for expanding and customizing in the future. Standard features include 12x14 overhead doors with openers, reinforced concrete floors with drains and flammable waste traps, 200 AMP Power, Steel Framed, 16’ ceilings, windows and parking. Association fee of $120. Provides snow removal, lawn care, exterior building and general liability insurances. Need more space? Ask about combining units. When you own it, it’s yours. The sky is the limit. Be inspired with the customized buildout. See images of actual customers. Heated unit including also an 8 x8 bathroom and a 400 sq ft mezzanine with metal railings.

Beds:
n/a
Baths:
Sq.Ft.:
1,800
Status:
Active
MLS#:
6800733
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
2023
A broker reciprocity listing Courtesy: RE/MAX Advantage Plus 507-514-6105
View additional info

ADDITIONAL INFORMATION

Groh Farm Storage and Garage Condos are Ideal for personal luxury storage, or expanding your business and warehousing needs. Invest today to expand your business, hobbies or real estate portfolio. Owning your space creates places an appreciating asset on your balance sheet, halts rent increases and may provide for additional tax benefits. A storage condo ensures you have the necessary space to grow. With options for expanding and customizing in the future. Standard features include 12x14 overhead doors with openers, reinforced concrete floors with drains and flammable waste traps, 200 AMP Power, Steel Framed, 16’ ceilings, windows and parking. Association fee of $120. Provides snow removal, lawn care, exterior building and general liability insurances. Need more space? Ask about combining units. When you own it, it’s yours. The sky is the limit. Be inspired with the customized buildout. See images of actual customers.

Beds:
n/a
Baths:
Sq.Ft.:
1,200
Status:
Active
MLS#:
6800687
Type:
General Commercial
Lot size:
0.03 Acres
Year built:
2023
A broker reciprocity listing Courtesy: RE/MAX Advantage Plus 507-514-6105
View additional info

ADDITIONAL INFORMATION

Groh Farm Storage and Garage Condos are Ideal for personal luxury storage, or expanding your business and warehousing needs. Invest today to expand your business, hobbies or real estate portfolio. Owning your space creates places an appreciating asset on your balance sheet, halts rent increases and may provide for additional tax benefits. A storage condo ensures you have the necessary space to grow. With options for expanding and customizing in the future. Standard features include 12x14 overhead doors with openers, reinforced concrete floors with drains and flammable waste traps, 200 AMP Power, Steel Framed, 16’ ceilings, windows and parking. Association fee of $120. Provides snow removal, lawn care, exterior building and general liability insurances. Need more space? Ask about combining units. When you own it, it’s yours. The sky is the limit. Be inspired with the customized buildout. See images of actual customers.

Beds:
n/a
Baths:
Sq.Ft.:
1,120
Status:
Active
MLS#:
6787591
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1955
A broker reciprocity listing Courtesy: RE/MAX Results 952-829-2900
View additional info

ADDITIONAL INFORMATION

Fully remodeled commercial garage/warehouse space available on N Riverfront Dr in a high-visibility, high-traffic location. The property offers easy access, ample parking, and monument signage space for your company, ensuring maximum exposure. Zoned B-2 Commercial District, it accommodates a wide variety of business uses. The space includes 1,120 square feet with vaulted ceilings, two 8’ x 14’ overhead doors, and a service door. It is heated, insulated, and features windows for natural light. Multiple 110 outlets are conveniently located throughout, along with a ceiling fan for added comfort and functionality. Less than one mile from Highway 14, this location provides a strategic advantage for businesses looking to grow. Contact us today for more information or to schedule a tour.

Beds:
n/a
Baths:
Sq.Ft.:
1,241
Status:
Active
MLS#:
6787513
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1955
A broker reciprocity listing Courtesy: RE/MAX Results 952-829-2900
View additional info

ADDITIONAL INFORMATION

Fully remodeled commercial spaces available on N Riverfront Dr in a high-visibility, high-traffic area. This prime location offers easy access and ample parking, making it ideal for businesses seeking convenience and maximum exposure. Zoned B-2 Commercial District, suitable for a wide variety of business types. Spaces range from 241 to 1,241 square feet, with build-to-suit options available to customize your perfect workspace. Less than 1 mile from Highway 14, this property offers a strategic advantage for businesses looking to grow. Contact us today for more information and take the first step towards securing your future in this exceptional location!

Beds:
n/a
Baths:
Sq.Ft.:
3,080
Status:
Active
MLS#:
6766682
Type:
Office
Lot size:
0.03 Acres
Year built:
1896
A broker reciprocity listing Courtesy: Keller Williams Select Realty 952-431-5100
View additional info

ADDITIONAL INFORMATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7038186
Type:
Business Opportunities
Year built:
1946
A broker reciprocity listing Courtesy: TRUE REAL ESTATE
View additional info

ADDITIONAL INFORMATION

This building is the iconic Kato Ballroom also known as the Kato Entertainment Center a historic venue that has been a corner stone of Mankato since its construction in 1946 this is an opportunity to own a legend.

Beds:
n/a
Baths:
Sq.Ft.:
1,800
Status:
Active
MLS#:
6760246
Type:
Other
Lot size:
0.24 Acres
Year built:
1985
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

Commercial retail space for sale with 1800 SF plus 600 SF mezzanine. Retail space includes an office, kitchenette, bathroom and wide open showroom with OHD access. Mezzanine could be used as a conference room or large open office area. Mezzanine includes a kitchen, full bath, and access to a private deck with maintenance free deck boards.

Beds:
n/a
Baths:
Sq.Ft.:
2,567
Status:
Active
MLS#:
6758434
Type:
Office
Lot size:
0.59 Acres
Year built:
1976
A broker reciprocity listing Courtesy: True Real Estate 507-345-8783
View additional info

ADDITIONAL INFORMATION

Commercial Office Space For Sale – Stunning Views of Lake Dorothy This well-appointed commercial office space offers a rare combination of functionality and comfort, all set against the backdrop of stunning views of Lake Dorothy. The property features three private offices, one of which includes a cozy gas fireplace, providing a warm and inviting atmosphere. A spacious conference room/library is ideal for meetings or team collaboration, while the welcoming reception area creates a professional first impression for clients and visitors. The office includes two bathrooms, both equipped with ADA-compliant grab bars for accessibility, as well as a full kitchen and in-unit washer and dryer for added convenience. With both public and private entrances, a two-stall garage, and an open floor plan, the space offers flexibility and ease of access. This property is perfectly suited for a variety of professional uses and presents an excellent opportunity to work in a comfortable, well-equipped setting with scenic lake views.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7038138
Type:
Office
Year built:
1976
A broker reciprocity listing Courtesy: TRUE REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Commercial Office Space For Sale â?? Stunning Views of Lake Dorothy This well-appointed commercial office space offers a rare combination of functionality and comfort, all set against the backdrop of stunning views of Lake Dorothy. The property features three private offices, one of which includes a cozy gas fireplace, providing a warm and inviting atmosphere. A spacious conference room/library is ideal for meetings or team collaboration, while the welcoming reception area creates a professional first impression for clients and visitors. The office includes two bathrooms, both equipped with ADA-compliant grab bars for accessibility, as well as a full kitchen and in-unit washer and dryer for added convenience. With both public and private entrances, a two-stall garage, and an open floor plan, the space offers flexibility and ease of access. This property is perfectly suited for a variety of professional uses and presents an excellent opportunity to work in a comfortable, well-equipped setting with scenic lake views.

Beds:
n/a
Baths:
Sq.Ft.:
4,254
Status:
Active
MLS#:
6742066
Type:
Apartment
Year built:
1895
A broker reciprocity listing Courtesy: AMERICAN REAL ESTATE 612-544-7485
View additional info

ADDITIONAL INFORMATION

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7037346
Type:
Business Opportunities
Year built:
1982
A broker reciprocity listing Courtesy: CENTURY 21 ATWOOD
View additional info

ADDITIONAL INFORMATION

Excellent investment opportunity in Mankato featuring a multi-building mini storage facility situated in a high-demand location with convenient access to residential neighborhoods, retail, and major roadways. This income-producing property includes several metal buildings with roll-up doors, paved drive lanes, and low-maintenance construction ideal for long-term ownership. With a strong rental history and a variety of unit sizes, the property is well-positioned for stable cash flow and future growth. Zoned commercial, it offers significant upside potential through expansion or making it a great addition to any investment portfolio.

Beds:
n/a
Baths:
Sq.Ft.:
64,053
Status:
Active
MLS#:
6697433
Type:
Retail
Lot size:
6.22 Acres
Year built:
1964
A broker reciprocity listing Courtesy: AMERICAN REAL ESTATE 612-544-7485
View additional info

ADDITIONAL INFORMATION

Victory Center: Prime Retail Opportunities in High-Traffic Mankato Location Location: Victory Center is strategically situated near the bustling intersection of Victory Drive and Madison Avenue in Mankato, Minnesota, offering excellent visibility and accessibility. This well-established retail mall benefits from robust daily traffic counts, with MNDOT reporting approximately 23,000 vehicles passing by daily. Anchors & Existing Tenants: The center boasts a strong tenant mix, anchored by established businesses such as MGM Liquor Warehouse and River Bend Business Products. These anchors, along with Quality Appliance, Dan’s Barbershop, and Health Cert, create a vibrant and consistent flow of customers. Available Suites: Suite 331: Approximately 600SF. Perfectly positioned for a hair salon or similar personal service business. This suite is conveniently located adjacent to Dan’s Barbershop, leveraging existing foot traffic and creating a synergistic environment for related businesses. Suite 271: Approximately 2,500SF. Formerly a gym, this spacious suite offers substantial square footage and high visibility. Its proximity to MGM Liquor Warehouse ensures consistent customer exposure. Suite 371: Approximately 1,500SF. Previously utilized as an office, this suite provides a versatile space suitable for a variety of retail or service-oriented businesses. Its location near MGM Liquor Warehouse also contributes to strongfoot traffic. Key Advantages: •High Visibility & Traffic: Benefit from exceptional exposure with 23,000 vehicles passing by daily. •Established Tenant Mix: Join a thriving community of established businesses that drive consistent customer traffic. •Strategic Location: Easy access from Victory Drive and Madison Avenue, ensuring convenience for customers. •Diverse Suite Options: Catering to a range of business needs, from salon spaces to larger retail or service areas. •Ample Parking: Victory Center provides abundant parking for customers and employees, ensuring convenient access. •Foot Traffic: The location near the Anchor store MGM Liquor warehouse provides a high amount of foot traffic.

Beds:
n/a
Baths:
Sq.Ft.:
15,000
Status:
Active
MLS#:
6673406
Type:
General Commercial
Lot size:
0.35 Acres
Year built:
2025
A broker reciprocity listing Courtesy: Apex Commercial Properties, LL 612-361-4806
View additional info

ADDITIONAL INFORMATION

Dewey Flats is a new, To-Be-Built, development designed to meet the growing demand for quality rental housing. The project will feature three-story townhome style rentals, each offering 2 Bedrooms, 1.5 Bathrooms, a tuck under garage, in-unit washer and dryer, and 1,500 square feet of living space. These pet friendly units are designed for modern renters and will lease for $1,750 per month to start. The exterior will combine durability and curb appeal, featuring Vetter Stone accents, wainscoting, vinyl lap siding, and cement board elements. Factor Group will handle the development and Factor Property Management will handle all of the onboarding and pre-leasing for the property. They have a strong track record of success, having fully leased The Forde Apartments in North Mankato and The Capital Lofts in St. Peter within three months of operation. Factor uses targeted marketing, efficient tenant screening, and hands on management to quickly lease properties and ensure long-term success. The projected cash flow for Dewey Flats reflects strong rental income potential and prudent expense management. Key details include: • Rental Income: Monthly rent starts at $1,750 per unit with a Rental Income Growth Rate of 3% annually • Additional Income: The development includes an estimated pet income averaging $165 per unit annually • Operating Expenses: The Operating Expense Ratio is projected at 25.25%, with an Expense Growth Rate of 3% annually • Vacancy and Credit Loss: A conservative vacancy and credit loss assumption of 5% has been applied

Beds:
n/a
Baths:
Sq.Ft.:
4,680
Status:
Active
MLS#:
6672437
Type:
Industrial
Lot size:
0.48 Acres
Year built:
2021
A broker reciprocity listing Courtesy: Landmark Realtors, LLC 507-345-1599
View additional info

ADDITIONAL INFORMATION

Personal or Condo Garage Units – 1,560 total square feet. 30’ W X 52’L with 16’ ceilings. Finished units posses insulated partitionwalls with sheetrock and white liner steel for additional insulation. Units have 14’x14’ insulated overhead doors with openers, 3’ entry door, and dual3’x3’ windows. Units were built with exterior perimeter foundation insulation and interior floor perimeter under-slab insulation for energy efficiency. Wallscontain R-25 insulation and R-50 insulation blown in ceiling. 26 Gauge steel exterior wall and roof metal for extra durability (versus 29 gauge steeltypically used). Concrete footings along with 5” concrete floor includes a trench drain, connected to flammable waste tank for vehicle storage. Unitcontains natural gas heater suspended from ceiling and optional A/C addition. Separate electrical, water, and gas meters per unit. Bathroom plumbinghookups included for a $15K allowance for contracting electrical, plumbing and bathroom framing. 100-amp electrical service with fiber optic availablefor internet and cable service. Front parking consists of a 3’ wide concrete apron and pipe bollards on either side of overhead door and a 30’X32’ asphaltsurface connected to a 24’ road. Property owners must conform to City of Mankato Code. Businesses that do not require customers inside the propertyare allowed. Possible uses: warehouse/office, plumber, electrical, or distributor workshop/storage for classic cars, boats, RVs. An investment property.Manager lives on site. Auto repair, welding, and body shops are NOT acceptable uses of the property. Manager lives on site. Built by Skorr Construction,LLC who has been in business for over 50 years. Contact Arlen Skorr at (507) 380-3110 or Craig Skorr at (507) 380-3112 for further information.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
7036636
Type:
General Commercial
Year built:
2012
A broker reciprocity listing Courtesy: RE/MAX DYNAMIC AGENTS
View additional info

ADDITIONAL INFORMATION

Discover a prime retail opportunity in the Monks Ave Retail Center, ideally located just steps away from Minnesota State University, Mankato. This 2,444 SF retail space offers an unbeatable position along a high-traffic corridor, ensuring maximum visibility and accessibility for your business. Situated near a hard stoplight, this location benefits from steady vehicular and pedestrian traffic, driven by a strong mix of national and regional cotenants, including CVS, Domino's, Qdoba, Subway, Kwik Trip, and more. The vibrant retail environment attracts a diverse customer base, from university students and faculty to local residents and visitors.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7036294
Type:
Other
A broker reciprocity listing Courtesy: Green Solutions Real Estate
View additional info

ADDITIONAL INFORMATION

Tremendous development land opportunity. 79 acres of high traffic Commercial property on the edge of Mankato. This property is adjacent to Hwy 22 on the south edge of Mankato.

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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

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 2025, Regional Multiple Listing Service of Minnesota, Inc. 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

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 ©2025 REALTOR® Association of Southern Minnesota. 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

    $299,900
    11.6%
    change since last quarter
  • # Active listings

    272
    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