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.
Active
$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
- 109 days |
- 1 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Rebecca Thate 507-381-9920,
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7039508
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
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listed for sale | $1,500,000 |
Source: | ||
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
Nearby schools
GreatSchools rating
- 9/10Washington Elementary SchoolGrades: K-5Distance: 2.2 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Blue Earth County
- Mankato
- 56001
- 1 Market Way






