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  • $1,500,000

    1 Market Way, Mankato, MN 56001

    --beds
    --baths
    2.59Acres
    Unimproved Land
    Built in ----
    2.59 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Surrounding high-density residentialGreat visibility and accessibility
    Position your brand at the center of growth on the east side of Mankato. This premier commercial site sits at the entrance to a new subdivision delivering 800+ households, with close proximity to a middle school and surrounding high-density residential—creating built-in daily traffic from day one. Designed for a convenience store with car wash, this location offers great visibility and accessibility in one of Mankato’s fastest-growing corridors. Within 1 mile of major retailers and shopping, the site benefits from strong co-tenancy and established consumer patterns, while still capturing untapped neighborhood demand. The property is ideally positioned just 2.7 miles from regional hospitals and clinics and 3.4 miles from Minnesota State University, Mankato, providing a steady flow of commuters, students, and professionals. Construction-ready July 2026, with grading and infrastructure already in place, this site significantly reduces development timelines and upfront costs. Mankato serves as a regional hub for employment, shopping, and entertainment, drawing from a 1.6 million+ trade area, making this an ideal opportunity for operators seeking long-term growth and high-volume potential. Its location also offers convenient access to the Minneapolis–Saint Paul metro, just 1 hour and 15 minutes away. This is a rare chance to secure a high-visibility, high-demand corner in a rapidly expanding market—perfectly suited for a next-generation convenience store and car wash concept.
    109 days
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    1
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Thate 507-381-9920,

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7039508MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Lot
      • Size: 2.59 Acres
      • Dimensions: 2.59 acrea
      • Topography: Level
      Details
      • Parcel number: 010915400003
      • Zoning description: Business/Commercial

      Utilities & green energy

      • Electric: Power Company: Xcel Energy
      • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Storm Sewer Connected, Phone Available, Phone Connected, Underground Utilities Available, Water Available, Water Connected, Underground Utilities

      Community & HOA

      Community
      • Features: No
      HOA
      • Has HOA: No
      Location
      • Region: Mankato

      Financial & listing details

      • Annual tax amount: $868
      • Date on market: 3/20/2026
      • Inclusions: Platted, Soil Test Available, Survey
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/20/2026Listed for sale$1,500,000
        Source: NorthstarMLS as distributed by MLS GRID #7039508 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56001

        Getting around

        6 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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