North Mankato, MN Commercial Real Estate for Lease and Sale

Explore 10 listings of North Mankato commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

FedEx Investment Opportunity

1121 Cross St, North Mankato, Mankato, MN
Property

Office

11,500 SF
Year Built

1998
For Sale

$1,250,000
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2120 Howard Dr W

2120 Howard Dr W, North Mankato, MN
Property

Industrial

5,184 SF
Availability

1 Space

5,184 SF
Year Built

2008
For Lease

$9.00/SF/YR
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342 Belgrade Ave

342 Belgrade Ave, North Mankato, MN
Property

Office

6,917 SF
Availability

1 Space

6,917 SF
Year Built

1946
For Lease

$12.00 - $17.00/SF/YR
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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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1111 Range St

1111 Range St, North Mankato, MN
Property

Multi-Family
Availability

4 Spaces

24,288 SF
Year Built

1978
For Lease

$25.00/SF/YR
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1021 Range St

1021 Range St, North Mankato, MN
Property

Industrial

9,720 SF
Year Built

1965
For Sale

$989,900
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1760 Commerce Dr

1760 Commerce Dr, North Mankato, MN
Property

Retail

3,560 SF
For Sale

$800,000
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223 Belgrade Ave

223 Belgrade Ave, North Mankato, MN
Property

Office

4,800 SF
Availability

1 Space

1,557 SF
Year Built

1914
For Lease

$18.00/SF/YR
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Lor Ray Center

NWQ or Lor Ray Dr & Hwy 14, North Mankato, MN
Property

VacantLand

30,500 SF
Availability

3 Spaces

30,500 SF
For Lease Contact for pricing
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Former Taco John's

1601 Lor Ray Dr, North Mankato, MN
Property

Retail

2,679 SF
Year Built

1988
For Sale

$934,211
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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 North Mankato commercial real estate market incorporates 11,500 square feet of office space across 2 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.
- 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 North Mankato market, there is a total of 9,720 square feet of industrial property.
The listing inventory in North 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 North Mankato is represented by Office space, which accounts for 6,917 square feet of available listings. Industrial space available in North Mankato adds up to 5,184 square feet.

Meanwhile, most of the listings of commercial property for sale in North 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.
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 North 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 $25 per square foot.
The average size of a commercial property in North 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 North Mankato, the average size of an office property is 11,500 square feet.
- Industrial space in North Mankato is in buildings that are, on average 9,720 square feet in size.

North Mankato, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in North Mankato currently add up to 71,612 square feet. The market offers 2 active office listing(s), which amount to 12,864 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 1,421 square feet across 1 retail space(s). Industrial space for rent opportunities in North Mankato amount to 5,184 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	12,864
Retail	1	1,421
Industrial	1	5,184
Other	2	52,143

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 North Mankato, MN. Currently, there is 24,780 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	11,500
Retail	1	3,560
Industrial	1	9,720

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

North Mankato, MN Commercial Real Estate for Lease and Sale

FedEx Investment Opportunity

2120 Howard Dr W

342 Belgrade Ave

410 Belgrade Ave

1111 Range St

1021 Range St

1760 Commerce Dr

223 Belgrade Ave

Lor Ray Center

Former Taco John's

Frequently Asked Questions

North Mankato, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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North Mankato, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

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

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

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

North Mankato, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us