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$4,500,000
7031894 MLS
Gorgeous acreage located just north of North Mankato! Development opportunity galore, or the possibility to build the home of your dreams! There is the additional opportunity to farm the land and own your own farm. This lot features all of the joys of country living, with the close convenience of North Mankato. Plenty of mature trees, gentle ravines, creeks, wildlife, and pasture area.

38388 512th St, North Mankato
$4,100,000
7031930 MLS
Great location with quick access to Hwy 22 & Hwy 14. Different plat options available with different price options. Land is currently platted into 4 lots for B3 commercial. An individual lot can be purchased or lot size could be amended to the acreage needed.

TBD N Victory, Mankato
$3,984,000
7033229 MLS
All apartment units are one-story have their own screened in porch, own laundry, off street parking, and garages are available in St. James and Sherburn. 131 9th Avenue North, St. James, MN Nine 1 bedroom apartments Eleven 2 bedroom apartments Eight 3 bedroom apartments 11 Chestnut Street East, Trimont, MN Ten 1 bedroom apartments 201 Osborne Street Norht, Sherburn, MN Six 1 bedroom apartments Eight 2 bedrooms apartments

131 N 9th Avenue, St. James
$3,950,000
4 Beds ⋅ 6 Baths ⋅ 7032725 MLS
***FULLY FURNISHED LAKE HOME RETREAT*** Have you ever wondered what it’s like to have your own retreat on the lake? Well…Allow us to introduce 6202 Shamrock Drive, nestled on the shores of Lake Washington. This immaculate, fully furnished, home spans an impressive 12,000 square feet, is laid with 38,000 king size bricks, and provides a truly opulent living experience! Entering the expansive foyer, you’re greeted with an exquisite chandelier, 20 ft ceilings, and direct access to the entertainment suite of the home. This house is thoughtfully designed for both comfort and convenience. The beautifully crafted limestone fireplace is the heart of the living room, centering the open concept living space that’s highlighted by African Sapele hardwood floors, complimented with crown molding, and gorgeous views of the lake. The main kitchen of the home is equipped with custom cabinetry, and beautiful granite countertops. The adjacent dining area, with its panoramic views of the lake, creates a serene backdrop for memorable dining experiences. The house presents four generously sized bedrooms, each offering a peaceful retreat for you and your guests alike. The primary suite is a sanctuary, featuring your own fireplace by your private patio, a lavish en-suite bathroom with heated polished marble floors, and a spacious walk-in closet and laundry. The additional bedrooms also offer their own en-suite bathrooms, ensuring privacy and comfort for all. As a bonus, this remarkable residence is sold fully furnished. One of the standout features of this suite is its indoor, full-size heated pool, a true retreat of relaxation and entertainment. The pool features water fountains, a diving board, and plenty of natural light pouring through the large windows. The full size second kitchen overlooking the pool and the expansive upper entertainment loft make this the perfect property for leisurely swims and hosting memorable gatherings. The exterior of the property is equally breathtaking. Your own boat on your private dock provides you with direct access to boating and water sports. The meticulously landscaped grounds feature lush greens, manicured lawns, and picturesque views of the water from every angle of the house. This immaculate home on Lake Washington offers an unparalleled combination of sophistication and leisure, presenting you with a unique opportunity to embrace a lavish lifestyle.

6202 Shamrock, Madison Lake
$3,400,000
7032491 MLS
We are pleased to present North Kato Plaza, a 28,895 square foot center anchored by DaVita Dialysis, offering opportunity for investors to add value with the 5,947 square foot of vacancy. The property also offers an owner occupant the opportunity to combine a business with an investment in a prime location. The center was constructed in 2000 sitting on a 3.25 acre site and is located along the four lane Highway 14 and the retail corridor Commerce Drive. The retail corridor includes Snap Fitness, Fantastic Sams, Dollar Tree, Kwik Trip, Wells Fargo, Culvers, MGM, Caribou and recent completion of nearby Starbucks and Chipotle. The large parking lot also offers potential to carve out for additional pad development along the retail corridor Commerce Drive.

1810 Commerce, North Mankato
$3,085,000
7030416 MLS
Hilltop Plaza consists of two commercial buildings located at 921/931 Madison Ave., one of Mankato’s busiest streets with traffic counts of 30,000 VPD at the intersection of Madison Avenue & Dane Street, making it a highly visible location. It is next to Community Bank and only a block from Mayo Clinic Health Systems Hospital and Mankato Clinic. 921 Madison Avenue is an 8,322 SF brick commercial building built in 2015 and has two separate units. Unit #1 is a 2,859 SF space occupied by the tenant Aerotek. This space has a high-level build-out, including in-floor heat, high ceilings, and 8’ high doors. Unit #2 is a 5,463 SF space previously occupied by Med Express and is now available for lease. This “turn-key” space has a high-level medical build-out that is only three years old and would cost over $1 million to build today. 931 Madison Avenue is an 8,000 SF 3-story building plus a lower level. The 3rd floor consists of three 1-bedroom apartments that have all been recently remodeled. The 2nd floor was recently converted from apartments to commercial office space currently occupied by multiple commercial tenants, including Landmark Real Estate. There are nine offices, a conference room, and two restrooms. The main level consists of a reception area, two restrooms, a conference room, a kitchenette, and eight private offices. One of the offices is 18 x 12, while the rest are approximately 10 x 12. All but one office has a window. This level has forced air and natural gas heat. The lower level has one separate tenant space of about 800 SF currently occupied by New York Life. The space has a private office, a reception area, and a cubicle area with room for file cabinets. In addition to the tenant space, there is a conference room, two bathrooms, three storage rooms, and a mechanical room. There is parking along the South and West sides of the building, as well as a parking lot across the alley with 15 stalls. Broker is owner.

921-931 Madison, Mankato
$2,975,000
7030484 MLS
Town Expansion Property!! 89 acres of prime development acres on the East edge of Owatonna less than a mile from the new school.

xxx Hwy 14 E, Owatonna
$2,500,000
7032140 MLS
For Sale: New Opportunity for retail center/multifamily buyers. The Village East strip mall is 22,136 SF while Happy Dan’s is 2,334 SF. This property is 2 miles from Minnesota State University and has value add potential of 30 apartments to be built on top of the retail center. There are 12 commercial tenants in the building giving the new buyer good diversification. The asking price is $2.5 million. The current gross rents for the entire property are estimated at $290,933 for 2023 and a cap rate of approximately 8% “as-is” without adding the apartments. The current operator of Happy Dan’s would continue their operations and lease the building from the new owner. This property has had a very strong rental history and the forecast also looks strong. Call Landmark Real Estate for showings. Rent roll available upon signing a NDA

2132-2160 Hoffman, Mankato
$2,395,800
7031910 MLS
Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, this parcel is neighbored by several newer residential communities and professional service businesses. This lot is zoned in the Office and Residential District which is designed to provide for medium high density mixed development. Potential uses include multi-family development, church/place of worship, child care center, nursing home, dental/medical clinic or other community, recreational or educational use. Agent is related to sellers.

Outlot B Elwin Add 2, Mankato
$2,026,847
7030778 MLS
Prime ground available in the East end of Mankato's newest development area. This area is experiencing great growth with the recent completion of the Mankato Travel Center and soon to join with the completion of Truck Center Companies, Kato Mayflower Storage and others. The parcel offers 16.93 acres with three points of access (Adams Street, CNTY RD 12 & CNTY RD 17/Madison Avenue) with utilities along the north side. The parcel is located with easy access to four lane Highway 14 and the nearby round-about connecting heavily traveled Adams Street @ CNTY RD 12. Potential to parcel into thirds.

TBD Adams, Mankato
$1,762,650
7025935 MLS
This Prime location is located in the rapidly developing east side of Mankato. Near major business locations such as the new Walmart Distribution Center, Fed Ex, Menards and Fleet Farm. With a new frontage road and close proximity to Hwy 22 and Hwy 14 make the property access quick and easy. Located 1/2 east of Wickersham Clinic just past Noah Estates on the right hand side of road.

TBD 227th, Mankato
$1,691,000
7028962 MLS
Great property for any type of business/commercial building on the booming east side of Mankato. New subdivision going in right across county road 17. With visibility from US 14 with over 17,000 ADT, CSAH 12 with over 3400 ADT, County Road 17 with over 5300 ADT the new Adams Street extension this is sure to get the volume needed to succeed. There is a new truck stop that just opened at the intersection of CSAH 12 and Adams Street. Call today with any questions on the property or area. There are Deferred assessments on the property for the water and sewer that run along the north and east side of property. The assessment balance is $217,421.75 West five acres on Adams St have the street completed and would be willing to split. Offer would have to reflect in place road and utilities if split.

TBD E Adams, Mankato
$1,687,598
7032870 MLS
16.21 Acre parcel of land located along a vibrant and busy four-lane highway and the newly extended Adams Street, offering excellent visibility and accessibility for commercial or light industrial use. Its strategic position near a major roadway ensures a constant flow of traffic and provides an ideal platform for businesses looking to establish themselves in a growing and dynamic area. As the area has recently begun developing, there is a sense of excitement and opportunity. New businesses have started to move in, bringing a surge of economic activity and a diverse range of services to the community. Local authorities and municipalities are supporting the growth and development of the area by investing in infrastructure improvements, such as roads and utilities. The presence of the four-lane highway indicates that the region is well-connected and supported by a network of major transportation routes. Given its zoning, the land is ideally suited for a wide range of business types. Potential developments could include manufacturing facilities, warehouses, showrooms or service centers. As the area continues to develop, it presents a promising investment opportunity for those looking to secure a long term stake in a commercial or light industrial hub.

TBD #2 Adams, Mankato
$1,624,350
7031911 MLS
Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Lot 1, Block 2 is zoned in the B-1, Community Business District area and is designed to provide for a broad range of retail developments which are adjacent to residential areas. The district will also accommodate office and institutional uses as well as limited light industry. This parcel is located next to several retail stores and professional service businesses including a large mall, restaurants and banking institutions. Agent is related to sellers.

Lot 1, Block 2 Elwin Addition No. 2, Mankato
$1,567,000
7032911 MLS
Great location with quick access to Hwy 22 & Hwy 14. Land is currently platted for B3 commercial.

TBD Excel, Mankato
$1,539,000
7033012 MLS
114.9 tillable ( as per FSA ) records

0000 State Hwy 4, St. James
$1,520,245
7023061 MLS
Great highway visibility with traffic count at 34,500 per day! 6.98 acres of commercial land on Mankato's Hilltop. Business's near by: Kia Motors, Toyota, Hyundai, Home Depot, Menards, Fleet Farm, Tractor Supply, Discount Tires, Drummers Floral, BW' 3s, Boulder Tap House.

TBD St Andrews, Mankato
$1,500,000
7033630 MLS
This is your chance to own a New Ulm Icon! The restaurant has been a staple in the community and known throughout the Midwest for decades. The current owner is looking to retire and a new operator can take over this turnkey operation. The sale consists of the buildings and businesses. There is the main bar and dining room of the Kaiserhoff as well as the bar and seating area of the adjacent K Bar. There are 4 income producing apartments upstairs and a two stall garage in the rear. What an opportunity to be had- come see it today. Additional information available with an NDA

221 N Minnesota, New Ulm
$1,450,150
7029135 MLS
Proposed residential development land. Adjacent to North Mankato city limits. Potential for multiple residential zoning classifications. City ready to work with builder/developer now. Call listing agent for details.

TBD Us Highway 14, North Mankato
$1,400,000
7031448 MLS
4.73 acres can be split into 2 parcels. Acres will be from Howard Drive.

TBD Lor Ray, North Mankato
$1,370,400
7031909 MLS
Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Outlot A, Block 1 is zoned in the Transitional District and developer can apply for an Office/Residential designation through the City of Mankato. This parcel is located next to the newly built Holiday Gas Station, New Perspectives Senior Living and several retail centers and banking institutions. Agent is related to sellers.

Outlot A Block 1, Mankato
$1,248,000
7031495 MLS
78 acres of bare land, 74.5 tillable farmland. Land is patterned, tiled, and surveyed. Land also has a building eligibility. Aerial photos coming Jan. 10th.

XXXXX 320th, Janesville
$1,150,500
7022837 MLS
this farm is located in section 34 of Lime township just outside Mankato city limits on State Hwy 22. 64.76 acres with 2 access ontothe hwy. The farm is system tiled with a drainage ditch on the north end of the property. There are 2 gas line easement towards the back of the farmand a share driveway easement onto the hwy. Owner is an real estate agent.

22973 State Hwy 22, Mankato
$1,150,000
7030806 MLS
Tremendous opportunity lies in this 43-acre parcel. Platted for 15 lots, both waterfront and private deeded lake access. Lush trees provide Privacy and serenity along the winding paved road. Shore line is sloped, some elevation offering panoramic views of Lower Sakatah Lake. Designed for 2-3 acre lots with approx. 1800’ of lakeshore. 8 waterfront- with westerly lake views, 5 deeded access, and 2 outlots. An association-maintained community to provide quality shared waterfront lot, snow removal, road maintenance, shared well, community septic, and covenants. Imagine developing the Cottage Lake Villas, Refined Country Living complete with accessory buildings, or, sprawling Patio homes. No Builder Restrictions. Less than 50 miles to South Metro, and only 25 miles to Greater Mankato Area. From HWY 60, take Kent Ave to 245th to Knotty Oak Lane.

13.20.1.27.001, Morristown
$1,095,000
7028881 MLS
Want to get your business built in the booming east side of Mankato? No better spot than right off of US 14 with over 17,000 ADT and at the intersection of CSAH 12, newly built Adams Street and US 14. This flat vacant land is priced to sell and with businesses and an entire new residential subdivision going in within a stones throw this spot is sure to be a success. Don't miss out on this prime area.

N/A Adams Street, Mankato
$1,049,000
5 Beds ⋅ 4 Baths ⋅ 7033112 MLS
Welcome to this stunning home with a truly luxurious and comfortable living experience in a beautiful setting. As you step inside, you'll immediately notice the exquisite attention to detail and high-quality finishes throughout. The main level features hickory hardwood floors that add warmth and elegance to the space. The alder woodwork and doors further enhance the overall charm of the house. The kitchen is a true masterpiece, boasting quartz countertops that provide ample space for all your culinary endeavors. The open-concept design seamlessly connects the kitchen to the living room, creating a perfect space for entertaining family and friends. This home offers not one, not two, but three gas fireplaces! Snuggle up in front of the cozy fireplace in the living room or unwind by the fire in the family room. And let's not forget about the outdoor living area – picture yourself gathering around the fireplace under the stars on cool summer nights. Comfort is key with this property. With a three-zone furnace and in-floor heat in the garage, basement, and sunroom, you'll always be cozy no matter where you are in the house. And let's not forget about the incredible 100 feet of lakeshore on Lake Washington. The perfect sanctuary where you can relax and enjoy water activities right at your doorstep. Don't miss out on this extraordinary opportunity to call this beautiful place home!

60310 Maverick, Madison Lake
$1,000,000
7031590 MLS
2-6 unit multi family buildings 100% occupied. These buildings are solid & well maintained with some unit upgrades of new flooring, paint, & counter tops. Building upgrades consist of common area flooring ,roof repair, furnace, & paved driveway/parking.

319 E Washington, Mankato
$999,900
7033628 MLS
Business opportunity with a successful restaurant and building! Owner is retiring and now is your chance to own an established bar and restaurant in the flourishing downtown of New Ulm! There is a garage in rear, Apartment income on second floor and more! More info upon request and a signed NDA

209 N Minnesota, New Ulm
$985,000
4 Beds ⋅ 4 Baths ⋅ 7033743 MLS
Nestled into twenty beautiful acres of land this spacious home will impress you with its views. The enormous bank of windows in the living room, large sunroom, master bedroom, and walkout basement all give you a perfect look into nature. This home is only minutes from Mankato, but still allows the owner to enjoy all of the benefits of country living. The extremely large master bedroom has it's own ensuite bathroom, master bath and laundry all conveniently located on the main floor. The upper-level bedroom has amazing views as well and has it's own full bathroom. The walk out basement features two large bedrooms, a large storage room, a wet bar and a massive family that receives a surprising amount of light throughout the day and never feels like a basement. Give us a call today to view this one-of-a-kind property.

20127 599th, Mankato
$948,750
7028526 MLS
4.95 Acres sitting among big box retail chains Home Depot and Menards. Residential neighborhoods to the north and retail/commercial to the south. Visible from Victory Drive with ADT counts of 9900. Also just a quarter mile off of TH 22 with 16,000 ADT and US 14 with 33,000 ADT. If you want to put your business in the middle of a booming area of Mankato, this is the one! Call today!

TBD Tbd, Mankato