Mankato, MN Commercial Property for Sale (23 Real Estate Listings)

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$5,750,000

500 S 2nd Street, Mankato

0 Acres 16,848 SqFt Commercial MLS® # 7038261

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- ...

Landmark Realtors, LLC

Active

$2,100,000

123 N 4th Street, Mankato

0 Acres 5,412 SqFt Commercial MLS® # 7049981

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...

Keller Williams Premier Realty

Active

$1,650,000

113 / 119 E Welcome Avenue, Mankato

28 Beds 12 Baths 1 Acres 5,508 SqFt Commercial MLS® # 7046237

Rare opportunity to acquire two large 4plexes near MSU Campus! 100% fully leased through July of 2027. Monthly Rent total is $14,775. There are four 5bedroom units and four 2bedroom units....

Top Tier Real Estate LLC

Active

$1,195,000

412 Holly Lane, Mankato

12 Beds 8 Baths 0 Acres 6,528 SqFt Commercial MLS® # 7048327

...

Keller Williams Premier Realty

Active

New

$699,000

1618, 1614, 1622, 1620 3rd Ave, Mankato

0 Acres 3,600 SqFt Commercial MLS® # 7069137

Unique 4-property package opportunity on 3rd Ave in Mankato featuring a functional commercial building, a licensed 4-bedroom rental, a full renovation residential property, and an additional...

True Real Estate

Active

$650,000

915 S Front Street, Mankato

5,936 SqFt Commercial MLS® # 7038395

Great opportunity for office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936SF and has 11 offices, 2 bathrooms, both of which are handic...

Landmark Realtors, LLC

Pending

$625,000

↓ $25,000

1072 S Victory Drive, Mankato

0 Acres 8,208 SqFt Commercial MLS® # 6805492

This property finds its home in Mankato's Contractors Park. With a footprint of approximately 8208 SF, this open floor plan has shop/warehouse space of approximately 6624 SF with four 14'x15...

True Real Estate

Active

$599,000

221 E Walnut Street, Mankato

6 Beds 6 Baths 0 Acres 3,820 SqFt Commercial MLS® # 7048737

Fully leased six-unit investment property in downtown Mankato. Building features a newer roof, energy-efficientwindows, baseboard heat, separate electrical meters, & secure common entrance....

Keller Williams Premier Realty

Active

$579,900 Dorothy

↓ $9,100

75 Teton Lane, Mankato

1 Acres 2,567 SqFt Commercial MLS® # 7029228

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 ...

True Real Estate

Active

$564,900

520 S 2nd Street, Mankato

0 Acres 1,000 SqFt Commercial MLS® # 7025043

LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath a...

RE/MAX Results

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New

$425,000

1614 And 1622 3rd Avenue, Mankato

0 Acres 2,423 SqFt Commercial MLS® # 7069149

1614 + 1622 3rd Ave – Residential Package Rare chance to purchase two residential properties together in central Mankato. Package includes a 4-bedroom licensed rental with a 5 unrelated ren...

True Real Estate

Active

New

$350,000

1618 And 1620 3rd Avenue, Mankato

0 Acres 3,600 SqFt Commercial MLS® # 7069140

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, ...

True Real Estate

Active

$239,000

3020 Evergreen Trail D, Mankato

0 Acres 1,800 SqFt Commercial MLS® # 6800733

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 port...

RE/MAX Advantage Plus

Active

New

$224,500

1076 S Victory Drive, Mankato

0 Acres 2,400 SqFt Commercial MLS® # 7077767

What a fantastic commercial Garage Condo! Suite is 30x80 with a 14x14 overhead door with opener - 16ft ceiling - hanging heater - service door - windows and fully insulated - Completed bathr...

Top Tier Real Estate LLC

Active

$199,900

619 Hope Street, Mankato

0 Acres 2,268 SqFt Commercial MLS® # 7038152

619 Hope St, Mankato, MN - a prime investment opportunity in the heart of the thriving Mankato area. This 2,268 SF commercial property, constructed in 1973, offers a versatile space ideal fo...

Landmark Realtors, LLC

Active

$189,000

1020 S Victory Drive A, Mankato

0 Acres 1,080 SqFt Commercial MLS® # 7031486

30x36 feet with 12 ft ceilings; 10x10 overhead door with opener and exterior LED lighting; 30 Plyco steel walk door w/ deadbolt; 3x3Anderson slider windows on South and East sides, 1x3 awnin...

Landmark Realtors, LLC

Active

$178,000

3021 Evergreen Trail F, Mankato

0 Acres 1,200 SqFt Commercial MLS® # 6800687

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 port...

RE/MAX Advantage Plus

Active

$6,324

↓ $274

209 S 2nd Street, Mankato

10,000 SqFt Commercial MLS® # 7036415

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suites 201, 307, 309 & 316 offers square feet of professional office space w...

Century 21 Atwood

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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!