$1,500,000
1 Market Way Mankato, MN 56001
For Sale MLS# 7039508
2.59 Acres Lot/Land
Details for 1 Market Way
MLS# 7039508
Description for 1 Market Way, Mankato, MN, 56001
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.
Listing Information
Property Type: Lot/Land, Commercial Lot
Status: Active
Lot Size: 2.59 Acres
Development Status: Finished Lot(s)
County: Blue Earth
Days On Market: 18
School Information
District: 77 - Mankato
Utilities
Other Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Storm Sewer Available,Storm Sewer Connected,Underground Utilities Available,Water Available,Water Connected
Exterior / Lot Features
Lot Dimensions: 2.59 acrea
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Underground Utilities, Land Inclusions - Platted,Soil Test Available,Survey, Road Frontage - City, Paved Streets, Storm Sewer
Driving Directions
At corner of Hoffman Rd and CR 12
Financial Considerations
Covenants/Deed Restrictions: Architecture Committee
Tax/Property ID: 010915400003
Tax Amount: 868
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Advantage Plus
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1 Market Way
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1 Market Way
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.