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30939937
30939939

Bassett Dr, Mankato, MN 56001 For Sale

DS
MN 40137517
NAI North Star
Listed by NAI North Star
$399,000
161 days on market
Updated 43 days ago

Basset Drive Land

Details
Property Type Land
Sub Type Commercial, Mixed Use
Acreage 1.550

Land | 1.55 acres

Marketing description

Rare commercial development opportunity on Basset Drive, anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure. The site benefits from strong regional access via Highway 22 and Madison Avenue, linking key trade generators and residential catchments. Neighbors include Wells Fargo Bank, robust retail centers, professional services, and community-oriented uses such as educational facilities — underscoring daily activity drivers and built-in traffic. Neighboring governmental and service tenants include the Blue Earth County DMV/MN DMV office, enhancing daytime foot and vehicular exposure. Ample site frontage and clear lines of sight to passing traffic make this parcel ideal for retail, medical office, financial services, mixed-use, or grocery-anchored development. Positioned to capture sustained consumer demand and investor interest in Southern Minnesota’s rapidly growing Mankato market. Contact broker for current traffic counts and frontage specifics to support underwriting and proforma scenarios.

Positioned on Basset Drive in the rapidly expanding Mankato, Minnesota market, this vacant lot offers prime development potential within Blue Earth County’s strongest growth corridor. The site provides convenient access to Highway 22 and Highway 14, connecting directly to downtown Mankato, Madison Avenue retail, and regional employment centers. Surrounded by established residential neighborhoods and expanding commercial amenities, the property benefits from strong traffic patterns and continued area investment. Ideal for retail, office, medical, or mixed-use development, this Basset Drive location presents a strategic opportunity to capitalize on Southern Minnesota’s sustained economic momentum.

Investment highlights

  • No Assessments Needed - Development Ready Site
  • 490' Corner Site Line/Frontage Visibility via Hwy 22
  • Near Major Retailers: Kohls', TJ Maxx, Boot Barn, Pet Smart, Wells Fargo and others
  • 20,000+ VPD (Hwy 22/Basset Dr)

Listing Contacts

DS
MN 40137517
NAI North Star
Listed by NAI North Star

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