Mankato, MN Commercial Real Estate for Lease and Sale
Explore 108 listing(s) of commercial real estate in Mankato, MN to find the best space for your business.
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100 Warren Street #300, Mankato, MN -
1740 Madison Ave, Mankato, MN
Frequently Asked Questions
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Here is a rundown of the primary commercial real estate property types currently available in Mankato:
- Office Space: The market includes 544,486 square feet of office spaces in addition to 69 coworking locations.
- Retail Space: Between malls, restaurants and stores, Mankato is home to 578,028 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 738,672 square feet of available space in Mankato.
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The average rent for commercial real estate in Mankato is $15.75 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Mankato costs $5, while the city’s premium locations ask up to $64.
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Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 24,228 square feet.
- Class B properties are sized 48,828 square feet, on average.
- Class C properties span an average of 16,288 square feet.
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CommercialCafe’s CRE offering in Mankato is enabled by a network of 25 active brokers from 15 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $64 per square foot. In particular, the property type commanding the highest lease rates in Mankato is Office space.
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The average size of a commercial property here stands at 280,671. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Mankato:
Office properties:- Average size: 28,658 square feet.
- Largest property: Space Available (69,000 square feet).
- Average size: 36,127 square feet.
- Largest property: Mall Anchor Opportunity (71,046 square feet).
- Average size: 38,878 square feet.
- Largest property: C (40,000 square feet).
Mankato, MN Commercial Space Listings
Commercial Space for Lease - Breakdown
The 62 listings for commercial real estate currently available for rent in Mankato add up to 800,800 square feet across various property types. Here's a breakdown of the available space by category:| Property Type | Count of Listings | Total Sq. Ft. |
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| Office | 22 | 227,325 |
| Retail | 24 | 166,769 |
| Industrial | 9 | 126,035 |
| Other | 7 | 280,671 |
Office properties:
- The market has 22 active office listings, encompassing 227,325 square feet.
- Mankato office spaces currently listed on CommercialCafe represent 35% of the total commercial real estate market in Mankato, compared to an average of 39% across all markets tracked by CommercialCafe.
Retail Space:
- There are 24 retail listings available, adding up to a total of 166,769 square feet.
- Retail spaces account for approximately 38% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.
Industrial Space:
- The industrial market in Mankato offers 9 listings, amounting to 126,035 available square feet.
- Industrial spaces, including warehouses and manufacturing sites, make up about 14% of the total commercial space available in the market, compared to a nationwide average of 25%.
Commercial Space for Sale - Breakdown
There are currently 59 properties listed for sale in the Mankato market, adding up to 886,099 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:- 7 office properties
- 11 retail properties
- 12 industrial properties
| Property Type | Count of Listings | Total Sq. Ft. |
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| Office | 7 | 59,271 |
| Retail | 11 | 129,774 |
| Industrial | 12 | 267,089 |
| Other | 29 | 429,965 |
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