Property Description Position your brand at the center of growth on the east side of Mankato. This premier commercial site sits at the entrance to a new subdivision delivering 800+ households, with close proximity to a middle school and surrounding high-density residentialâcreating built-in daily traffic from day one.
Designed for a convenience store with car wash, this location offers great visibility and accessibility in one of Mankatoâs fastest-growing corridors. Within 1 mile of major retailers and shopping, the site benefits from strong co-tenancy and established consumer patterns, while still capturing untapped neighborhood demand.
The property is ideally positioned just 2.7 miles from regional hospitals and clinics and 3.4 miles from Minnesota State University, Mankato, providing a steady flow of commuters, students, and professionals. Construction-ready July 2026, with grading and infrastructure already in place, this site significantly reduces development timelines and upfront costs. Mankato serves as a regional hub for employment, shopping, and entertainment, drawing from a 1.6 million+ trade area, making this an ideal opportunity for operators seeking long-term growth and high-volume potential. Its location also offers convenient access to the MinneapolisâSaint Paul metro, just 1 hour and 15 minutes away.
This is a rare chance to secure a high-visibility, high-demand corner in a rapidly expanding marketâperfectly suited for a next-generation convenience store and car wash concept.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 1500000
Original List Price: 1500000
ListPrice: 1500000
List Date: 2026-03-19
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 2.59 acrea
Acres: 2.59
Power Company: Xcel Energy
Assessment Pending: No
Location Tax and Other Information
House Number: 1
Street Name: Market
Street Suffix: Way
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Assessments
Tax With Assessments: 868
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: RASM
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Property Features
Available Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Phone Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Storm Sewer Connected; Underground Utilities Available; Water Available; Water Connected
Development Status: Finished Lot(s)
Improvements: Curbs; Paved Streets; Public Road; Storm Sewer; Other
Internet Options: Cable; DSL; Fiber Optic
Land Inclusions: Platted; Soil Test Available; Survey
Lock Box Type: None
Lot Description: Underground Utilities
Property SubType: Commercial Lot
Road Frontage: City Street; Paved Streets; Storm Sewer