1 Market Way

Mankato, MN 56001

$1,500,000
Price
112,820 / 2.59
Lot Size / Acres
Get preapproved with Rocket Mortgage1

Description

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...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.
  1. Listed by RE/MAX Advantage Plus

Property Details for 1 Market Way

Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 04/21/2026 09:03 AM

Property Details for 1 Market Way

StatusActive
MLS #7039508
Days on Compass29
Taxes$868 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size2.59 AC
CountyBlue Earth County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of RE/MAX Advantage Plus
Add your commute

Building Information for 1 Market Way

Lot Size2.59 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$7,547 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,475

Property Taxes

$72

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1 Market Way

Summary
Location and General Information
  • City Name: Mankato
  • County Or Parish: Blue Earth
  • County: Blue Earth-MN
  • Directions: At corner of Hoffman Rd and CR 12
  • Latitude: 44.1556856963
  • Longitude: -93.9380368278
  • Map Coordinate: 999-A1
  • City and Location: Mankato
  • City and Location Text: Mankato(MN)
  • Postal Code: 56001
  • State Or Province: MN
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 010915400003
  • Tax Annual Amount: $868.00
  • Tax Legal Description: Mesenbrink Subdivision Lot 1 Blk 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 868
School Information
  • High School District: 2262 - Mankato
  • School District Number: 2262
  • School District Phone: 5073871868
Property
Lot Information
  • Living Area Units: Square Feet
  • Lot Features: Underground Utilities
  • Lot Size Area: 2.59
  • Lot Size Dimensions: 2.59 acrea
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Program Acres Total: 0
  • Property Type: Land
Property and Assessments
  • Development Amenity Type: No
Utilities
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Storm Sewer Connected, Phone Available, Phone Connected, Underground Utilities Available, Water Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: City Street, Paved Streets, Storm Sewer
Interior Features
  • Basement YN: No

Property History for 1 Market Way

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Price Change

NorthStar #7039508

$1,500,000—
Mar 19, 2026

Listed (Active)

NorthStar #7039508

—
DateEvent & SourcePrice
03/19/2026

Price Change

NorthStar #7039508

$1,500,000
03/19/2026

Listed (Active)

NorthStar #7039508

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1 Market Way

This home is within Mankato Public School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 5
Prairie Winds Middle School
Public - 6 to 8
Mankato East Senior High School
Public - 9 to 12
Central Middle School Alp
Public - 6 to 8
Rating
School
Distance
Washington Elementary School
PublicK to 5

Prairie Winds Middle School
Public6 to 8

Mankato East Senior High School
Public9 to 12

Central Middle School Alp
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 1 Market Way, Mankato, MN 56001

1 Market Way is a 2.59 ac of land for sale in Mankato, MN 56001. This property was listed for sale on March 20, 2026 by RE/MAX Advantage Plus, it's currently listed at $1,500,000. This listing's school district is Mankato Public School District. Nearby schools include Washington Elementary School, Prairie Winds Middle School and Mankato East Senior High School. 1 Market Way is a 0-bed, 0-bath, 2.59 ac of land on a 112,820 sq. ft. / 2.59 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Advantage Plus

Based on information submitted to the MLS GRID as of 04/21/2026 09:03 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.