Riverfront Dr Retail Space

For Sale

521 - 523 North Riverfront Drive, Mankato, MN 56001

This Mankato property for sale is located at 521 - 523 North Riverfront Drive. Contact the listing broker for details on the current sale price for Riverfront Dr Retail Space. Riverfront Dr Retail Space is situated on a lot that is 0.16 acre in size.

Contacts

broker
David Schooff

NAI North Star

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,952 SF
  • Units 1
  • Lot Size 0.16 Acre
  • Year Built 1896
  • Date Updated Apr 22, 2025
Located at 521 North Riverfront Drive in North Mankato, MN, this mixed-use property offers a prime investment or leasing opportunity. The building combines historic charm with modern functionality, featuring large display windows, a checkout counter, fitting room, and additional garage storage and small office. The property benefits from high visibility and accessibility, situated near Highways 169 and 14, with a daily traffic count of 18,600 vehicles . Its location amidst other shops and residential areas enhances foot traffic potential. With a Walk Score of 84 and a Bike Score of 80, the area is highly navigable, appealing to both pedestrians and cyclists . Proximity to local activities and events further adds to its attractiveness for retail ventures. For investors, the property's strategic location and built-in retail features present a compelling opportunity. For prospective tenants, it offers a ready-to-use space in a vibrant community.Prime Mixed-Use Investment Opportunity – 521-523 North Riverfront Drive, Mankato, MN Presenting a rare opportunity to own a fully functional, income-generating mixed-use property in the heart of Mankato’s vibrant Riverfront district. Located at 521-523 North Riverfront Drive, this well-maintained building features two street-level commercial storefronts and four fully leased residential units, offering diverse revenue streams and long-term investment stability. The upper-level residential units are a mix of one- and two-bedroom apartments, all well-kept and consistently occupied, benefiting from the walkability of downtown Mankato. This property is perfect for investors seeking a turn-key asset with strong in-place cash flow and upside potential through rental rate optimization or future development. A rare gem in a growing urban area—schedule your private tour today. The vacant commercial space (521 N Riverfront) is available for immediate lease under a modified gross lease, with tenants responsible for electric utilities. Each space includes large display windows, high ceilings, and flexible layouts to suit a range of tenant needs.Retail space for lease on Riverfront Drive, designed as a retail store and featuring additional garage storage, checkout counter, and a fitting room. Large display windows and is located among other shops and residential properties. Conveniently situated near Highway 169 and Highway 14, Riverfront Drive experiences a daily traffic count of 18,600 vehicles per day.
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Highlights

  • Mixed-Use Investment Opportunity
  • CFD Available
  • Excellent Owner-User Potential
  • Long-Term Stability + Excellent Rental History
  • 4 Residential Units (1-2 Bed)
  • 2 Commercial Spaces - Established Local Brand

Getting around

  • 85/100

    Walk Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mankato, MN
  • Zip Code 56001

Points of Interest

  • Cenex

    0.48 miles

  • Circle K

    0.58 miles

  • Hy-Vee Gas

    0.77 miles

  • Speedway

    0.81 miles

  • Kwik Trip

    1.16 miles

  • Casey's General Store

    1.26 miles

  • Happy Dan's Gas Station

    1.68 miles

  • Tesla Destination Charger

    2.03 miles

  • Civic Center Ramp

    0.44 miles

  • Mankato Place Ramp

    0.60 miles

  • Park

    0.64 miles

  • Cherry Street Parking Ramp

    0.66 miles

  • City Center Ramp

    0.72 miles

  • Lot 17

    1.41 miles

  • Lot 18

    1.46 miles

  • Lot 14

    1.48 miles

  • Lot 16

    1.52 miles

  • Lot 15

    1.53 miles

  • Domino's

    0.22 miles

  • Pizza Hut

    0.33 miles

  • Gilberto's Mexican Taco Shop

    0.47 miles

  • Dino's Pizzeria

    0.48 miles

  • American Legion Post 518

    0.51 miles

  • Nakato Bar & Grill

    0.51 miles

  • Spinners Bar & Grill

    0.54 miles

  • Papa Murphy's

    0.72 miles

  • Arby's

    0.75 miles

  • Subway

    0.79 miles

  • Hy-Vee

    0.58 miles

  • Cub Foods

    1.22 miles

  • Madison East Center

    1.33 miles

  • Belle Mar Center

    1.45 miles

  • ALDI

    1.82 miles

  • Raintree Mall

    2.02 miles

  • River Hills Mall

    2.19 miles

  • JCPenney

    2.19 miles

  • River Place

    2.22 miles

  • Target

    2.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
David Schooff

NAI North Star

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