USAMNMankato3 Market Way
3 Way | Image 1
New
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$2,000,000

For Sale

10 hours ago

3 Way, Mankato, MN

House

MLS® 267041749

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Land
Size -
Garage 
Taxes $1,000
Days Active 1
Lot Size 3.04 Acres
Approx. Age 
MLS® Number 267041749

Property Address: 3 Market Way, Mankato, MN, 56001

Average square foot calculated using Size range provided by listing agent.

Description

Certified pad, utilities stubbed, fees paid. Positioned at the gateway to one of the fastest growing areas of Mankato, this exceptional development opportunity blends visible commercial potential with built in multifamily demand. Anchored at a prominent roundabout entrance, this site offers terrific exposure and accessibility, ideal for retail, service, grocers, clinics and convenience oriented users looking to capture daily traffic from over 800 new households within blocks. The surrounding neighborhood is rapidly taking shape, with additional high density housing and a middle school driving consistent daytime and evening activity. The offering includes plans for the capacity of 61 multifamily units, creating an immediate on site customer base and long-term value through mixed use synergy. Residents and nearby rooftops benefit from close proximity to other major retail and shopping destinations within one mile, along with convenient access to regional healthcare just 2.7 miles away and Minnesota State University, Mankato only 3.4 miles from the site. Located on the highly desirable east side of Mankato, this corridor continues to see strong residential and commercial expansion, making it a strategic location for forward thinking developers and operators. Infrastructure and grading already included, significantly reducing upfront costs and accelerating your timeline. Mankato serves as a regional hub supporting a trade area of approximately 1.6 million people for employment, shopping, and entertainment in Southern MN and Northern IA, and yet just over an hour to the Twin Cities. This is a rare opportunity to establish a presence at the front door of growth where rooftops, traffic, and demand are already in motion.
MLS® Number267041749
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 12, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
3 Way, Mankato, MN

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