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For Sale

327 N Riverfront Drive

327 N Riverfront Drive, Mankato, MN 56001

Located in Downtown Mankato’s historic Old Town district, 327 N Riverfront Drive offers outstanding storefront visibility along a highly trafficked commercial corridor. Ideal for retail, office, or service users, the property benefits from strong pedestrian activity, excellent street exposure, and proximity to restaurants, boutiques, entertainment, and professional services. Convenient access to the nearby 300 Block public parking ramp provides easy parking for employees and customers. With quick connectivity to Highway 169 and the Greater Mankato market, this sale or lease opportunity delivers premier downtown positioning in one of Southern Minnesota’s most active business districts.327 N Riverfront Drive presents a rare mixed-use owner-user and investment opportunity in Downtown Mankato’s historic Old Town district. The property features a professionally renovated commercial space with excellent storefront visibility and an upper-level apartment with a separate entrance, providing additional income potential. The office as-s has four private offices and a large reception area off the back parking lot. Significant capital improvements include a new roof completed in 2024 and a full interior and exterior commercial renovation in 2010 totaling more than $200,000. The apartment unit is fully leased beginning July 1, 2026, creating immediate supplemental cash flow for investors or owner-occupants. Ideal for retail, office, or service users seeking to combine business operations with long-term investment value in a high-visibility downtown location.Position your business in the heart of Downtown Mankato’s historic Old Town district at 327 N Riverfront Drive. This highly visible commercial lease opportunity offers exceptional storefront exposure along one of Mankato’s busiest downtown corridors, ideal for retail, office, showroom, or service-oriented users seeking strong customer visibility and walkable accessibility. The property features a professionally renovated interior and exterior with more than $200,000 in improvements completed in 2010, plus a brand-new roof installed in 2024. Surrounded by restaurants, boutiques, entertainment venues, and professional offices, the location benefits from consistent pedestrian activity and strong downtown traffic counts. Convenient access to the nearby 300 Block public parking ramp provides ample parking for employees and customers, while quick connectivity to Highway 169 supports easy access throughout the Greater Mankato market. This lease opportunity combines modern updates, historic downtown character, and premier visibility in one of Southern Minnesota’s most active commercial districts.

Key features

  • Exceptional Updates and Finishes Throughout
  • Fully Leased Apartment
  • New Roof (2024)
  • Owner-User Investment Opportunity
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Cate DeBates

NAI North Star

Building Details

  • For Sale $499,000
  • Property Type Office - General Office
  • Property Size 2,640 SF
  • Units 2
  • Building Class B
  • Year Built 1871
  • Year Renovated 2022
  • Date Updated May 19, 2026

Attachments

  • Property Brochure 1 ()opens in new window
  • Property Brochure 2 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (87)
  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®

Location

  • City Mankato, MN
  • Zip Code 56001
  • Map
  • Street

Points of Interest

Hy-Vee Gas

0.62 miles

Circle K

0.72 miles

Speedway

0.86 miles

Kwik Trip

1.01 miles

Casey's General Store

1.41 miles

Happy Dan's Gas Station

1.68 miles

Tesla Destination Charger

2.13 miles

Mankato Place Ramp

0.45 miles

Cherry Street Parking Ramp

0.51 miles

City Center Ramp

0.58 miles

Park

0.59 miles

Lot 17

1.28 miles

Lot 18

1.34 miles

Lot 14

1.36 miles

Lot 16

1.40 miles

Lot 15

1.41 miles

Kwik Trip Car Wash

1.72 miles

Kwik Trip - Car Wash

1.87 miles

Star Street Car Wash

1.93 miles

Howard Drive Car Wash

1.97 miles

Enterprise

2.01 miles

Lager's Car Wash & Quick Lube

2.23 miles

Holiday Car Wash

2.56 miles

Fleet Farm Car Wash

2.58 miles

Snell Auto Wash

2.64 miles

Dino's Pizzeria

0.38 miles

Nakato Bar & Grill

0.41 miles

American Legion Post 518

0.42 miles

Spinners Bar & Grill

0.44 miles

Pizza Hut

0.47 miles

Gilberto's Mexican Taco Shop

0.56 miles

Papa Murphy's

0.58 miles

Arby's

0.60 miles

Subway

0.79 miles

Cub Foods

1.07 miles

Madison East Center

1.40 miles

Belle Mar Center

1.51 miles

ALDI

1.89 miles

Raintree Mall

2.10 miles

JCPenney

2.29 miles

River Hills Mall

2.29 miles

River Place

2.31 miles

Target

2.43 miles

Walgreens

0.65 miles

Public Safety Center

0.72 miles

Mayo Clinic Health System

0.90 miles

CVS Pharmacy

1.16 miles

North Mankato Police Department

1.27 miles

North Mankato Fire Department

1.30 miles

Hanger Clinic

1.40 miles

DaVita Dialysis

1.40 miles

Planned Parenthood

1.48 miles

327 N Riverfront Drive Listing Summary

  • What is the asking price at 327 N Riverfront Drive?

    327 N Riverfront Drive is currently listed for sale at Contact for pricing.

  • What is the total size of 327 N Riverfront Drive?

    327 N Riverfront Drive has a total of 2,640 square feet.

  • What is the year built for 327 N Riverfront Drive?

    The year built for 327 N Riverfront Drive is 1871.

Contact Listing Broker
broker
Cate DeBates

NAI North Star

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