Mankato, MN Commercial Real Estate for Lease and Sale

Explore 114 listings of Mankato commercial real estate to find the best space for your business.

1850 Adams St

1850 Adams St, Mankato, MN
Property

Retail

726,795 SF
Availability

1 Space

4,809 SF
Year Built

1991
For Lease Contact for pricing
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1850 Adams St

1850 Adams St, Mankato, MN
Property

Retail

71,046 SF
Availability

1 Space

71,046 SF
Year Built

1991
For Lease Contact for pricing
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Northern States Supply

1416 N Riverfront Dr, Mankato, MN
Property

Industrial

9,276 SF
Year Built

1950
For Sale

$629,000
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201 N. Broad St.

201 N. Broad St. , Mankato, MN
Property

Office

36,754 SF
Availability

1 Space

1,349 SF
Year Built

1919
For Lease

$17.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
1961 Premier Dr

1961 Premier Dr, Mankato, MN
Property

Office

61,743 SF
Availability

25 Spaces

42,809 SF
Year Built

1995
For Lease Contact for pricing
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403 S Broad St

403 S Broad St, Mankato, MN
Property

Office

6,365 SF
Availability

1 Space

500 SF
Year Built

1969
For Lease

$875.00/MO
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49 Power Drive

49 Power Drive, Mankato, MN
Property

Industrial

108,524 SF
Availability

1 Space

55,000 SF
Year Built

2015
For Lease Contact for pricing
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1400 Madison Ave

1400 Madison Ave, Mankato, MN
Property

Other
Availability

4 Spaces

8,791 SF
Year Built

1968
For Lease

$8.00 - $22.00/SF/YR
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110 W Lind St

110 W Lind St, Mankato, MN
Property

VacantLand

141,356 SF
Year Built

1965
For Sale

$2,400,000
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Midtown Square

220 E Main St, Mankato, MN
Property

Office

14,722 SF
Year Built

1949
For Sale

Financials Upon Request
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N Mankato Lor Ray and HWY 14

1801 Lor Ray Drive, North Mankato, MN
Property

VacantLand
For Sale

$1,400,000
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Proposed build to suit

140 St. Andrews, Mankato, MN
Property

Retail

5,000 SF
For Sale

$650,000
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Caribou Out lot

1841 Premier Dr, Mankato, MN
Property

Retail

612 SF
Year Built

2020
For Sale

$300,000
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1850 Adams St

1850 Adams St, Mankato, MN
Property

Retail

726,795 SF
Availability

1 Space

524 SF
Year Built

1991
For Lease Contact for pricing
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201 N Riverfront Dr

201 N Riverfront Dr, Mankato, MN
Property

Office

69,000 SF
Availability

1 Space

1,535 SF
Year Built

2019
For Lease

$21.00/YR
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Land Sale East Infill District

59130 Kittyhawk Circle, Mankato, MN
Property

VacantLand
For Sale Contact for pricing
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Former Wagon Wheel

609 S Front, Mankato, MN
Property

Retail

6,600 SF
Availability

1 Space

2,200 SF
Year Built

1921
For Lease Contact for pricing
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124 E Walnut St

124 E Walnut St, Mankato, MN
Property

Office

33,301 SF
Availability

9 Spaces

10,085 SF
Year Built

1936
For Lease Contact for pricing
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320 Stadium Rd

320 Stadium Rd, Mankato, MN
Property

Other

6,556 SF
Availability

1 Space

1,275 SF
Year Built

2004
For Lease

$13.00/SF/MO
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Industrial Park Office Space

500 N Industrial Road, Mankato, MN
Property

Office

4,300 SF
Availability

1 Space

2,006 SF
For Lease Contact for pricing
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1850 Adams St

1850 Adams St, Mankato, MN
Property

Retail

726,795 SF
Availability

1 Space

5,000 SF
Year Built

1991
For Lease Contact for pricing
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North Mankato Salon Space

1140 South Ave, North Mankato, MN
Property

Retail

2,000 SF
Year Built

1948
For Sale

Pricing Upon Request
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Downtown SFH Rental Property - Investment

830 S Front St, Mankato, MN
Property

Multi-Family

1,474 SF
Year Built

1920
For Sale

Subject To Offer
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201 N Riverfront Dr

201 N Riverfront Dr, Mankato, MN
Property

Office

77,000 SF
Availability

4 Spaces

6,777 SF
For Lease

$21.00 - $22.00/SF/YR
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320 Saint Andrews Drive

320 Saint Andrews Drive, Mankato, MN
Property

Office

1,980 SF
Availability

1 Space

1,980 SF
Year Built

2022
For Lease Contact for pricing
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1640 Madison Ave., Mankato, MN

1640 Madison Ave, Mankato, MN
Property

Retail

6,000 SF
Year Built

1972
For Sale

$1,550,000
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Mankato Brewery

1119 Center St, North Mankato, MN
Property

Industrial

23,890 SF
Year Built

1976
For Sale

$3,950,000
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Auto Center

1896 Adams St, Mankato, MN
Property

Other

9,860 SF
Year Built

1996
For Sale

$2,200,000
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Adams Land #2

TBD #2 Adams Street, Mankato, MN
Property

Industrial
For Sale Contact for pricing
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Adams St

Adams St, Mankato, MN
Property

VacantLand
For Sale Contact for pricing
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320 Saint Andrews Drive

320 Saint Andrews Drive, Mankato, MN
Property

Office

1,980 SF
Year Built

2022
For Sale

Inquire for Pricing
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709 S Front St

709 S Front St, Mankato, MN
Property

Office

15,992 SF
Availability

3 Spaces

3,127.5 SF
Year Built

1966
For Lease

$16.00/SF/MO
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530 W Pleasant St

530 W Pleasant St, Mankato, MN
Property

Office

6,490 SF
Availability

1 Space

6,490 SF
Year Built

1956
For Lease Contact for pricing
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1850 Adams St

1850 Adams St, Mankato, MN
Property

Retail

726,795 SF
Availability

1 Space

739 SF
Year Built

1991
For Lease Contact for pricing
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1633 Monks Ave | Mankato Retail Space for Lease

1633 Monks Avenue, Mankato, MN
Property

Retail

11,760 SF
Availability

1 Space

2,814 SF
Year Built

2013
For Lease Contact for pricing
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1418 N Riverfront Dr

1418 N Riverfront Dr, Mankato, MN
Property

Other

8,000 SF
Availability

1 Space

3,200 SF
Year Built

1951
For Lease

$10.00/SF/YR
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204 W Ruth St

204 W Ruth St, Mankato, MN
Property

Other

7,200 SF
Availability

1 Space

196 SF
Year Built

1950
For Lease

$196.00/SF/MO
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1600 Madison Ave

1600 Madison Ave, Mankato, MN
Property

Office

17,548 SF
Availability

2 Spaces

2,563 SF
Year Built

1978
For Lease Contact for pricing
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Adams Street Land

TBD Adams Street, Mankato, MN
Property

Industrial
For Sale Contact for pricing
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211 North Sturgis St

211 North Sturgis St, Mankato, MN
Property

Industrial

5,670 SF
Availability

1 Space

5,670 SF
Year Built

2001
For Lease

$10.00/SF/YR
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Retail for downtown for sale

424 S. Front Street, Mankato, MN
Property

Retail

11,860 SF
For Sale

$750,000
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931 Madison Ave

931 Madison Ave, Mankato, MN
Property

Office

7,714 SF
Availability

1 Space

242 SF
Year Built

1968
For Lease

$699.00/MO
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Industrial For Sale

1415 1st Avenue, Mankato, MN
Property

Industrial

42,410 SF
For Sale

$1,300,000
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Highway 14 Land

US Highway 14, Mankato, MN
Property

VacantLand
For Sale Contact for pricing
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Riverfront Drive Investment - 329 N.

329 N Riverfront Dr, Mankato, MN
Property

Retail

3,168 SF
Year Built

1891
For Sale

Subject To Offer
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745 Grayhawk Circle

745 Grayhawk Circle, Mankato, MN
Property

VacantLand
For Sale

$445,000
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US-169 Retail Pad - 1 Acre

1235 Range Street, Mankato, MN
Property

VacantLand
For Sale

Price Upon Request
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410 Belgrade Ave

410 Belgrade Ave, North Mankato, MN
Property

Retail

5,220 SF
Availability

1 Space

1,421 SF
Year Built

1983
For Lease

$13.00/SF/YR
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Hoffman Rd/County Rd 12 Development

Hoffman Rd, Mankato, MN
Property

VacantLand
For Sale

$1,994,716
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1896 Adams St

1896 Adams St, Mankato, MN
Property

Other

9,860 SF
Availability

1 Space

9,860 SF
Year Built

1996
For Lease

$14.00/SF/MO
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551 BELLE AVENUE

551 BELLE AVENUE, Mankato, MN
Property

Retail

7,200 SF
Availability

1 Space

4,506 SF
For Lease Contact for pricing
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1720 Basset Drive

1720 Bassett Dr, Mankato, MN
Property

Office

3,762 SF
Availability

1 Space

4,818 SF
Year Built

2006
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Mankato commercial real estate market incorporates 82,812 square feet of office space across 29 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Mankato commercial real estate market includes 400,989 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Mankato market, there is a total of 300,293 square feet of industrial property.

The listing inventory in Mankato incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Mankato is represented by Retail space, which accounts for 203,709 square feet of available listings. Industrial space available in Mankato adds up to 125,097 square feet.

Meanwhile, most of the listings of commercial property for sale in Mankato are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Mankato is $16.19 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Mankato can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Mankato, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $60.5 per square foot. In particular, the property type commanding the highest lease rates in Mankato was Retail space.

The average size of a commercial property in Mankato depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Mankato, the average size of an office property is 5,521 square feet.
Retail properties here incorporate an average of 21,105 square feet.
Industrial space in Mankato is in buildings that are, on average 42,899 square feet in size.

Mankato, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Mankato currently add up to 645,897 square feet. The market offers 19 active office listing(s), which amount to 105,819 square feet and account for 34% of commercial spaces on the market. Local retail availability includes 187,156 square feet across 22 retail space(s). Industrial space for rent opportunities in Mankato amount to 125,097 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	19	105,819
Retail	22	187,156
Industrial	5	125,097
Other	9	227,825

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Mankato, MN. Currently, there is 547,663 square feet of commercial property for sale here , which includes 7 office building(s) for sale , 9 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	7	43,848
Retail	9	38,395
Industrial	4	51,686
Other	30	413,734

Mankato, MN Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Mankato, MN?

What factors affect the price of commercial real estate in Mankato, MN?

What is the average rent for commercial space in Mankato, MN?

What are the best areas for commercial real estate in Mankato, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Mankato, MN?

Mankato, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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