Hwy 22 & Augusta Drive, Mankato, MN

Land for Sale - $3,135,000 - 18 acres


Agent Info

Dain Fisher
Coldwell Banker Commercial Fisher Group

Property Info

CIMLS#1158480
Location
  Hwy 22 & Augusta Drive
  Mankato MN 56001
UpdatedJuly 23rd, 2026
TypeLand
Price$3,135,000
Land18 acres

Property Description

Exceptional 18-acre commercial development opportunity located at the highly visible southeast corner of Highway 22 and Augusta Drive in Mankato, Minnesota. This premier site offers outstanding frontage, strong traffic counts, and excellent access, making it well-suited for retail, office, medical, hospitality, multifamily, or mixed-use development.

Ownership prefers to sell the property as one contiguous 18-acre development site, providing developers the flexibility to master plan the entire project. For buyers seeking a smaller footprint, the property is also available as six individual lots ranging from approximately 2.16 to 4.21 acres .

The site is surrounded by established commercial development, including Kwik Trip, Motel 6, The Paw Pet Resort, R. Henry Construction, TDE – The Design Element, Storage Lounge, and a growing mix of retail, office, and residential developments. Mankato Clinic Wickersham Campus, Menards, and newly constructed apartment communities are all located nearby, further strengthening the area's long-term growth potential.

Offered at $3.99 per square foot for the entire 18-acre site, this property presents a rare opportunity to secure one of Mankato's premier commercial development locations while retaining the flexibility to purchase individual lots if desired.


Financials



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