Hwy 22 & Augusta Drive, Mankato, MN 56001 For Sale

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.

The property is available 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.

LOCATION: Located at the southeast corner of Highway 22 and Augusta Drive, this prime development site offers excellent visibility and access along one of Mankato’s busiest commercial corridors. The property sits on the edge of Mankato’s Hilltop commercial district, near major retailers, medical services including Mankato Clinic Wickersham Campus, restaurants, gas stations, and growing residential neighborhoods.

Zoned B-3 Business Commercial, the site allows for a wide range of commercial uses and now permits high-density residential development, creating strong potential for apartment, townhome, mixed-use, or commercial projects in a rapidly expanding area of the city.