- For Sale $3,135,000
- Property Type VacantLand
- Lot Size 18 Acre
- Date Updated Aug 10, 2026
Description
Exceptional 18-acre commercial development opportunity located at the highly visible southeast corner of Highway 22 and Augusta Drive in Mankato, Minnesota. This premier site offers outstanding frontage, strong traffic counts, and excellent access, making it well-suited for retail, office, medical, hospitality, multifamily, or mixed-use development.
Ownership prefers to sell the property as one contiguous 18-acre development site, providing developers the flexibility to master plan the entire project. For buyers seeking a smaller footprint, the property is also available as six individual lots ranging from approximately 2.16 to 4.21 acres .
The site is surrounded by established commercial development, including Kwik Trip, Motel 6, The Paw Pet Resort, R. Henry Construction, TDE – The Design Element, Storage Lounge, and a growing mix of retail, office, and residential developments. Mankato Clinic Wickersham Campus, Menards, and newly constructed apartment communities are all located nearby, further strengthening the area's long-term growth potential.
Offered at $3.99 per square foot for the entire 18-acre site, this property presents a rare opportunity to secure one of Mankato's premier commercial development locations while retaining the flexibility to purchase individual lots if desired.
Highlights
- 14,000 VPD on MN Highway 22
- 18-Acre Development Opportunity
- Also Available as Six Individual Lots
- Growing Commercial & Residential Area
- Located at the southeast corner of Highway 22 and Augusta Drive, this prime development site offers excellent visibility and access along one of Mankato’s busiest commercial corridors. The property sits on the edge of Mankato’s Hilltop commercial district, near major retailers, medical services...
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Contacts
Kayla Forsythe
Coldwell Banker Commercial Fisher Group
Dain Fisher
Coldwell Banker Commercial Fisher Group
Location
Contact Highway 22 & Augusta Drive | 2.1 - 18 Acre Development