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1235 Range St 1.04 Acres of Commercial Land Offered at $795,000 in Mankato, MN 56001



Investment Highlights
- US-169 Visibility
- 30,000+ VPD
- Purchase Land or Build to Suit Options
- Adjacent 72 New Construction Multi-Family Units
- Excellent QSR/Drive-Thru Opportunity
Executive Summary
Property Facts
| Price | $795,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $795,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.04 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $795,000 | Lot Size | 1.04 AC |
| Price Per AC | $764,423.08 |
| Price | $795,000 |
| Price Per AC | $764,423.08 |
| Lot Size | 1.04 AC |
1 Acre Parcel ready for development. Owners can build-to-suit or will sell the parcel. This block is the first re-development along the US-169 Corridor, giving this retail/office pad prime visibility and access for a full drive thru.
Description
Position your business for long-term success on one of Greater Mankato’s most heavily traveled commuter corridors. This ±1.04 acre retail pad development site offers outstanding visibility along US-169 with direct, signalized access via the US-14/US-169 interchange area and Range Street, placing a future user in the heart of Mankato’s growing north gateway. Beginning in 2027, MnDOT’s planned revitalization of US-169 through Mankato and North Mankato will invest tens of millions of dollars into pavement, safety and access upgrades between Belgrade Avenue and north of Highway 14, enhancing traffic operations, wayfinding and access to adjacent development sites. This property is positioned to directly benefit from that work, including a new roundabout and reconfigured local circulation that will create approximately one acre of immediate, convenient access off US-169 and improve approach routes for customers and delivery traffic. With daily traffic counts along the US-169/US-14 corridor exceeding 30,000 vehicles, the site delivers exceptional exposure for a quick-service restaurant, coffee or drive-through user, medical/retail service provider, or small multi-tenant strip concept. The parcel sits adjacent to 72 new-construction multifamily units and is surrounded by established residential neighborhoods, employment centers and regional retail, creating a strong daytime population and repeat customer base. Flexible options exist to either purchase the land outright or pursue a build-to-suit structure with an experienced local development team.
Presented by
1235 Range St
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