Riverfront Dr Retail Space

521 - 523 North Riverfront Drive, Mankato, MN 56001

  • For Sale Subject To Offer
  • Property Type Retail - Street Retail
  • Property Size 6,952 SF
  • Units 1
  • Lot Size 0.16 Acre
  • Year Built 1896
  • Date Updated Aug 14, 2025
Located at 521 North Riverfront Drive in North Mankato, MN, this mixed-use property offers a prime investment or leasing opportunity. The building combines historic charm with modern functionality, featuring large display windows, a checkout counter, fitting room, and additional garage storage and small office. The property benefits from high visibility and accessibility, situated near Highways 169 and 14, with a daily traffic count of 18,600 vehicles . Its location amidst other shops and residential areas enhances foot traffic potential. With a Walk Score of 84 and a Bike Score of 80, the area is highly navigable, appealing to both pedestrians and cyclists . Proximity to local activities and events further adds to its attractiveness for retail ventures. For investors, the property's strategic location and built-in retail features present a compelling opportunity. For prospective tenants, it offers a ready-to-use space in a vibrant community.Prime Mixed-Use Investment Opportunity – 521-523 North Riverfront Drive, Mankato, MN Presenting a rare opportunity to own a fully functional, income-generating mixed-use property in the heart of Mankato’s vibrant Riverfront district. Located at 521-523 North Riverfront Drive, this well-maintained building features two street-level commercial storefronts and four fully leased residential units, offering diverse revenue streams and long-term investment stability. The upper-level residential units are a mix of one- and two-bedroom apartments, all well-kept and consistently occupied, benefiting from the walkability of downtown Mankato. This property is perfect for investors seeking a turn-key asset with strong in-place cash flow and upside potential through rental rate optimization or future development. A rare gem in a growing urban area—schedule your private tour today.
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Highlights

  • 2 Commercial Spaces - Established Local Brand
  • 4 Residential Units (1-2 Bed)
  • CFD Available
  • Excellent Owner-User Potential
  • Long-Term Stability + Excellent Rental History
  • Mixed-Use Investment Opportunity

Contacts

broker

NAI North Star

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Mankato, MN
  • Zip Code 56001

Points of Interest

  • Cenex

    0.48 miles

  • Circle K

    0.58 miles

  • Hy-Vee Gas

    0.77 miles

  • Speedway

    0.81 miles

  • Kwik Trip

    1.16 miles

  • Casey's General Store

    1.26 miles

  • Happy Dan's Gas Station

    1.68 miles

  • Tesla Destination Charger

    2.03 miles

  • Civic Center Ramp

    0.44 miles

  • Mankato Place Ramp

    0.60 miles

  • Park

    0.64 miles

  • Cherry Street Parking Ramp

    0.66 miles

  • City Center Ramp

    0.72 miles

  • Lot 17

    1.41 miles

  • Lot 18

    1.46 miles

  • Lot 14

    1.48 miles

  • Lot 16

    1.52 miles

  • Lot 15

    1.53 miles

  • Domino's

    0.22 miles

  • Pizza Hut

    0.33 miles

  • Gilberto's Mexican Taco Shop

    0.47 miles

  • Dino's Pizzeria

    0.48 miles

  • American Legion Post 518

    0.51 miles

  • Nakato Bar & Grill

    0.51 miles

  • Spinners Bar & Grill

    0.54 miles

  • Papa Murphy's

    0.72 miles

  • Arby's

    0.75 miles

  • Subway

    0.79 miles

  • Hy-Vee

    0.58 miles

  • Cub Foods

    1.22 miles

  • Madison East Center

    1.33 miles

  • Belle Mar Center

    1.45 miles

  • ALDI

    1.82 miles

  • Raintree Mall

    2.02 miles

  • River Hills Mall

    2.19 miles

  • JCPenney

    2.19 miles

  • River Place

    2.22 miles

  • Target

    2.34 miles

Frequently Asked Questions

How much does Riverfront Dr Retail Space cost?

The sale price for Riverfront Dr Retail Space is available upon request. Contact the listing broker for more information.

What is the total square footage of Riverfront Dr Retail Space?

Riverfront Dr Retail Space totals 6,952 square feet.

When was this property built?

Riverfront Dr Retail Space was built in 1896.

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Contact Listing Broker
broker

NAI North Star

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