1235 Range Street

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Address: 1235 Range St, Mankato, MN 56001, USA

Chicago & Midwest + Land/Development

Created date: August 18, 2024

Date last updated: August 10, 2026

Price: $795,000Investment Analyzer NEW!

US-169 Visibility
Adjacent 72 New Construction Multi-Family Units
30,000+ VPD
Excellent QSR/Drive-Thru Opportunity
Purchase Land or Build to Suit Options

Property Description

Position your business for long-term success on one of Greater Mankato’s most heavily traveled commuter corridors. This ±1.04 acre retail pad development site offers outstanding visibility along US‑169 with direct, signalized access via the US‑14/US‑169 interchange area and Range Street, placing a future user in the heart of Mankato’s growing north gateway. Beginning in 2027, MnDOT’s planned revitalization of US‑169 through Mankato and North Mankato will invest tens of millions of dollars into pavement, safety and access upgrades between Belgrade Avenue and north of Highway 14, enhancing traffic operations, wayfinding and access to adjacent development sites. This property is positioned to directly benefit from that work, including a new roundabout and reconfigured local circulation that will create approximately one acre of immediate, convenient access off US‑169 and improve approach routes for customers and delivery traffic. With daily traffic counts along the US‑169/US‑14 corridor exceeding 30,000 vehicles, the site delivers exceptional exposure for a quick‑service restaurant, coffee or drive‑through user, medical/retail service provider, or small multi‑tenant strip concept. The parcel sits adjacent to 72 new‑construction multifamily units and is surrounded by established residential neighborhoods, employment centers and regional retail, creating a strong daytime population and repeat customer base. Flexible options exist to either purchase the land outright or pursue a build‑to‑suit structure with an experienced local development team.