Mankato, MN Commercial Property for Sale (13 Real Estate Listings)

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921 - 931 Madison Avenue, Mankato

$3,085,000

921 - 931 Madison Avenue, Mankato

1 Acres 10,919 SqFt Commercial MLS® # 6331890

Hilltop Plaza consists of two commercial buildings located at 921/931 Madison Ave., one of Mankato’s busiest streets with traffic counts of 30,000 VPD at the intersection of Madison Avenue &...

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Active
2132 Hoffman Road, Mankato

$2,500,000

2132 Hoffman Road, Mankato

2 Acres 24,470 SqFt Commercial MLS® # 6368950

New Opportunity for retail center/multifamily buyers. The Village East strip mall is 22,136 SF, while Happy Dan’s is 2,334 SF. This property is 2 miles from Minnesota State University and ha...

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319 E Washington Street, Mankato

$1,000,000

319 E Washington Street, Mankato

0 Acres 2,655 SqFt Commercial MLS® # 6327375

2-6 unit multi family buildings 100% occupied. These buildings are solid & well maintained with some unit upgrades of new flooring, paint, & counter tops. Building upgrades consist of common...

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New
710 Madison Avenue, Mankato

$379,000

710 Madison Avenue, Mankato

1 Acres 1,260 SqFt Commercial MLS® # 6465287

...

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706 N Victory Drive 2, Mankato

$3,000

706 N Victory Drive 2, Mankato

5 Acres 59,840 SqFt Commercial MLS® # 6412869

This suite is designed as 3,476 sq ft athletic training facility. It is available due to the tenant out-growing the space. This is a sub-lease gross rent and could be available for a longer ...

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New
500 S Riverfront Drive 514, Mankato

$2,500

500 S Riverfront Drive 514, Mankato

1 Acres 152,520 SqFt Commercial MLS® # 6464737

Stunning commercial space now available for lease in this highly visible retail strip in the heart of the city center! This endcap is move-in ready with open reception area including built i...

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100 E Walnut Street, Mankato

$975

100 E Walnut Street, Mankato

0 Acres 3,454 SqFt Commercial MLS® # 6455148

...

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709 S Front Street, Mankato

$957

709 S Front Street, Mankato

1 Acres 15,992 SqFt Commercial MLS® # 6463082

Move-in ready! Recently built out office space for lease in a professional office building with off street parking in a private lot that is just steps away from the entry to the building. Th...

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931 Madison Avenue, Mankato

$699

931 Madison Avenue, Mankato

0 Acres 2,519 SqFt Commercial MLS® # 6460909

...

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500 Holly Lane, Mankato

$21

500 Holly Lane, Mankato

0 Acres 5,664 SqFt Commercial MLS® # 6455401

...

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201 N Broad Street, Mankato

$19

201 N Broad Street, Mankato

1 Acres 10,660 SqFt Commercial MLS® # 6460280

...

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921 Madison Avenue, Mankato

$16

921 Madison Avenue, Mankato

1 Acres 8,400 SqFt Commercial MLS® # 6325959

SET YOUR BUSINESS UP FOR SUCCESS! This unbeatable location is on the corner of one of Mankato’s busiest intersections: Madison Avenue at Dane Street with traffic counts of over 25,000 cars p...

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301 Madison Avenue, Mankato

$15

301 Madison Avenue, Mankato

0 Acres 4,454 SqFt Commercial MLS® # 6460309

...

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Mankato, MN Real Estate Statistics

Average Price $459K
Lowest Price $15
Highest Price $3.1M
Total Listings 90
Avg. Price/SQFT $152

Property Types (active listings)


As of December 6, 2023 there are 13 active Mankato, MN commercial real estate listings for sale with an average listing price of $536,323. The highest-priced commercial property listing is $3,085,000, while the lowest priced commercial property can be purchased for $15. Mankato, MN Commercial properties for sale have an average price of $82 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 23,293 square feet of living space.

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Mankato, MN Commercial Real Estate & Properties

Are you looking for a new commercial real estate property in Mankato, Minnesota? We specialize in helping businesses find the perfect property to lease or purchase, and we have a wide range of properties available in Mankato. Contact us today to learn more about our commercial real estate services in Mankato, Minnesota.

Mankato, Minnesota's History

Mankato's history began in the 1700s when the first Europeans came through looking for the Northwestern Passage to the Far East. Parsons K. Johnson and Henry Jackson 1852 staked the first claims in Mankato. 

The city was officially founded in 1858 and was named after the Dakota chief, Mankato. The town grew rapidly during the 1860s and 1870s due to the Minnesota River Valley Railroad construction. The city became an important trading center for southern Minnesota and northern Iowa.

The city continued to grow in the early 20th century with the addition of several factories. The population peaked in 1960 at just over 31,000 people. The city has since experienced a population decline but has remained an important regional center.

Mankato, Minnesota's Demographics

Mankato's 2020 population of 45,524 makes it the 22nd-largest city in Minnesota. Mankato is located in Blue Earth County. Mankato covers 19 square miles. The median age in Mankato is 32 years old, and most residents (86.8%) are white. Other Ethnic groups present in smaller percentages include black or African American (6.22%), Asian (3.32%), two or more races (2.32%), and other races (1.01%). Native Americans comprise a tiny percentage of the population, at only 0.3%. 

Mankato, Minnesota's Geographic Makeup

Mankato is neighbored by its sister city across the Minnesota River, North Mankato, which ultimately encompasses Skyline's town. U.S. Routes 14 and 169 and Minnesota State Highways 22 and 60 are four of the main arterial routes in the city. According to the United States Census Bureau, Mankato has a total area of 18.26 square miles (47.29 km²). Of that, 17.91 square miles (46.39 km²) is land, and 0.35 square miles (0.91 km²) is water. The elevation of Mankato is 794 ft (238 m) above sea level.

Mankato, Minnesota‘s Economy

Mankato, Minnesota, is a great place for those who want affordable housing options and a low cost of living. The average household income in Mankato is $65,567, significantly higher than the national average. Additionally, the poverty rate in Mankato is only 22.48%. This means that people who live in Mankato are more likely to be able to afford their rent or mortgage payments. The median rental cost in Mankato is $927 per month, and the median house value is $188,900. This makes Mankato an affordable place for people of all income levels. Additionally, the median age in Mankato is 25.8 years, which is lower than the national average. This makes Mankato an excellent place for young adults just starting their careers.

Mankato, Minnesota's Employment

The economy is strong, and the employment opportunities are diverse. The largest industries in Mankato, MN, are Health Care & Social Assistance, Educational Services, and Retail Trade. Finance & Insurance, Utilities, and Professional, Scientific, & Technical Services are the highest-paying industries. Mankato is a great community to raise a family or start a business. There are plenty of things to do and see, and the people are friendly and welcoming.

Why Commercial Real Estate In Mankato, Minnesota?

Mankato, Minnesota, is a great place to invest in commercial real estate. The city has a population of 45,524 and is growing at a rate of 2.33%. The median age in Mankato is 32 years old, and most residents are white. The city has a diverse economy with plenty of opportunities for businesses to thrive. Additionally, Mankato's living cost is affordable, and the median house value is $188,900. If you're looking for a great place to invest in commercial real estate, Mankato, Minnesota, is the perfect place for you!