Mankato, MN Commercial Property for Sale (14 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
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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Active
915 S Front Street, Mankato

$595,000

915 S Front Street, Mankato

0 Acres 5,936 SqFt Commercial MLS® # 6325407

Great opportunity for an office space! This commercial building is located on Front Street right downtown. The building is 5,936 SF and has about 8 offices, 2 bathrooms, both of which are ha...

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550 Belle Avenue, Mankato

$1,875

550 Belle Avenue, Mankato

0 Acres 1,500 SqFt Commercial MLS® # 6243707

Approximately 1000. Sq ft, ground level space, ¾ bath, multiple plumbing fixtures, separate entrance. Zoned B1, for a broad range of retail developments, accommodating office and institutio...

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1001 N Broad Street, Mankato

$1,500

1001 N Broad Street, Mankato

0 Acres 6,660 SqFt Commercial MLS® # 6325417

Great office space available on the corner of Broad Street. This space located next to Mocul's Market is a total of 1,500 SF with a lease price of $1,500/Month....

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201 N Victory Drive, Mankato

$999

201 N Victory Drive, Mankato

6 Acres 63,792 SqFt Commercial MLS® # 6349480

Here is a great opportunity to locate your business in the Victory Center, a staple in Mankato for retail for over 50 years! Common mall area along with front & back access. Anchor tenants i...

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1603 N Riverfront Drive, Mankato

$950

1603 N Riverfront Drive, Mankato

2,166 SqFt Commercial MLS® # 6324465

High-traffic area and move-in ready office space. Two private offices and a main lobby area. Both offices are equipped with a sink. This space shares a bathroom with the neighboring space an...

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Active
1043 S Bend Avenue, Mankato

$600

1043 S Bend Avenue, Mankato

1 Acres 9,000 SqFt Commercial MLS® # 6331247

Climate controlled storage space for lease. The space will be 28'6" x 20'6". Located just out of Mankato in South Bend Township....

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201 N Broad Street 305, Mankato

$19

201 N Broad Street 305, Mankato

1 Acres 10,660 SqFt Commercial MLS® # 6325355

Great location in a beautiful building downtown Mankato. Suite #305 for lease located on the third floor of the stately Union Squarebuilding. The suite has 6 private offices, a conference ro...

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500 Holly Lane 101, Mankato

$18

500 Holly Lane 101, Mankato

0 Acres 5,664 SqFt Commercial MLS® # 6325397

The owner is leasing for $18/SF/yr base rent plus operating expenses of $5/sf/yr. Built in 2013, this strip mall is still very new. The space being leased is on the end cap of the strip mall...

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Active
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® # 6338242

Here is a great opportunity to locate your business on the highly visible Madison Avenue. You will have an abundance of parking and great signage. Base rent of $15/SF/YR. Lease is NNN with o...

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Active
915 S Front Street, Mankato

$12

915 S Front Street, Mankato

0 Acres 5,936 SqFt Commercial MLS® # 6329107

Great opportunity for an office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936 SF and has about eight offices, two bathrooms, both of w...

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Active
2116 Hoffman Road 2116, Mankato

$8

2116 Hoffman Road 2116, Mankato

2 Acres 22,136 SqFt Commercial MLS® # 6345226

Located in the strip mall by Happy Dans on South Victory Drive. There is plenty of parking and neighboring tenants include Happy Dans, Rush Liquor, JBJ Hair Salon, Laundry Max. Ample off str...

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Mankato, MN Real Estate Statistics

Average Price $455K
Lowest Price $8
Highest Price $4.1M
Total Listings 62
Avg. Days On Market 601
Avg. Price/SQFT $134

Property Types (active listings)


As of April 1, 2023 there are 14 active Mankato, MN commercial real estate listings for sale with an average listing price of $334,715. The highest-priced commercial property listing is $3,085,000, while the lowest priced commercial property can be purchased for $8. Mankato, MN Commercial properties for sale have an average price of $54 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 11,420 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!