18 Acres of Vacant Land in Mankato

price

$3,135,000|Last Updated: Nov 13, 2026

LBMLS#151602399

location

Hwy 22 & Augusta Drive, Mankato, Minnesota

Status:Active

Property Type

  • Acreage

Acreage

18 acres

Format

Sale

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.

Listing Agent

Dain Fisher

company

Coldwell Banker Commercial Fisher Group

location

Mankato

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