- For Sale $399,000
- Property Type VacantLand
- Lot Size 1.55 Acre
- Date Updated Apr 24, 2026
Description
Positioned on Basset Drive in the rapidly expanding Mankato, Minnesota market, this vacant lot offers prime development potential within Blue Earth County’s strongest growth corridor. The site provides convenient access to Highway 22 and Highway 14, connecting directly to downtown Mankato, Madison Avenue retail, and regional employment centers. Surrounded by established residential neighborhoods and expanding commercial amenities, the property benefits from strong traffic patterns and continued area investment. Ideal for retail, office, medical, or mixed-use development, this Basset Drive location presents a strategic opportunity to capitalize on Southern Minnesota’s sustained economic momentum.Rare commercial development opportunity on Basset Drive, anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure. The site benefits from strong regional access via Highway 22 and Madison Avenue, linking key trade generators and residential catchments. Neighbors include Wells Fargo Bank, robust retail centers, professional services, and community-oriented uses such as educational facilities — underscoring daily activity drivers and built-in traffic. Neighboring governmental and service tenants include the Blue Earth County DMV/MN DMV office, enhancing daytime foot and vehicular exposure. Ample site frontage and clear lines of sight to passing traffic make this parcel ideal for retail, medical office, financial services, mixed-use, or grocery-anchored development. Positioned to capture sustained consumer demand and investor interest in Southern Minnesota’s rapidly growing Mankato market. Contact broker for current traffic counts and frontage specifics to support underwriting and proforma scenarios.
Highlights
- 20,000+ VPD (Hwy 22/Basset Dr)
- 490' Corner Site Line/Frontage Visibility via Hwy 22
- Near Major Retailers: Kohls', TJ Maxx, Boot Barn, Pet Smart, Wells Fargo and others
- No Assessments Needed - Development Ready Site
False
Contacts
David Schooff
NAI North Star
Location
Contact Listing Broker
David Schooff
NAI North Star