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2015 Bassett Dr - 1.5+/- AC Development Land 1.55 Acres of Commercial Land Offered at $399,000 in Mankato, MN 56001



Investment Highlights
- Strong demographic support with affluent nearby households, high average household income, and growing population density in the 1-mile trade area.
- Surrounded by high-performing co-tenancy including Kohl’s, TJ Maxx, Boot Barn, PetSmart, Wells Fargo, and Blue Earth County DMV.
- Strategic regional connectivity with immediate access to Highway 22 and Madison Avenue, enabling strong consumer draw from surrounding trade area.
- Development-ready land with no additional assessments, enabling streamlined timelines and favorable upfront project economics for investors.
- Corner frontage totaling approximately 490 linear feet, delivering strong sightlines and branding potential for retail, medical, financial.
Executive Summary
Rare commercial development opportunity on Basset Drive, anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure. The site benefits from strong regional access via Highway 22 and Madison Avenue, linking key trade generators and residential catchments. Neighbors include Wells Fargo Bank, robust retail centers, professional services, and community-oriented uses such as educational facilities — underscoring daily activity drivers and built-in traffic.
Property Facts
| Price | $399,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Building Class | C |
| Property Type | Land | Total Lot Size | 1.55 AC |
| Zoning | B-3 | ||
| Price | $399,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Building Class | C |
| Total Lot Size | 1.55 AC |
| Zoning | B-3 |
1 Lot Available
Lot
| Price | $399,000 | Lot Size | 1.55 AC |
| Price Per AC | $257,419.35 |
| Price | $399,000 |
| Price Per AC | $257,419.35 |
| Lot Size | 1.55 AC |
anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure.
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2015 Bassett Dr - 1.5+/- AC Development Land
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