Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$1,500,000

1 Market Way, Mankato MN, 56001

Price per sqftN/A
Property typeCommercial

Overview

Active

Listed Oct 12, 2026

Updated 10 days ago

Certified pad, utilities stubbed, fees paid. 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.

Additional information

MLS® ID
267041750

Interior Features

Basement
No

Exterior Features

Lot Size
2.59 Acres

Other Property Details

Taxes
$1,000
Tax Frequency
Annually

Listed by REBECCA R THATE with Parkway Real Estate
Listing Contact: [email protected] 

Based on information from Realtor Association of Southern Minnesota. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Massad Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Realtor Association of Southern Minnesota.

Data last updated 10/17/2026

Powered by Luxury Presence