418 S 2nd St

For Sale

418 S 2nd St, Mankato, MN 56001

A rare opportunity to own a landmark commercial property in the heart of downtown Mankato. Formerly home to The Free Press, this well-known building offers substantial square footage, a prominent location, and flexible space suitable for a variety of uses.A rare opportunity to own a landmark commercial property in the heart of downtown Mankato. Formerly home to The Free Press, this well-known building offers substantial square footage, a prominent location, and flexible space suitable for a variety of uses. Suitable for offices, mixed-use redevelopment, coworking, educational space, medical offices, residential conversion (subject to zoning), or other commercial ventures. Whether you're an investor, developer, or business owner, this property presents a unique opportunity to reimagine an iconic Mankato building while preserving its place in the community.

Key features

  • Includes a 14,847 sf basement space
  • Multiple office, production, and storage areas.
  • Nearby restaurants, retail, government offices, and entertainment.
  • Prime downtown location with excellent visibility.
  • Strong structural construction with redevelopment potential.

Building Details

  • For Sale $1,200,000
  • Property Type Office - General Office
  • Property Size 39,088 SF
  • Units 1
  • Lot Size 0.63 Acre
  • Additional Rent Price on request
  • Building Class C
  • Date Updated Nov 10, 2026
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Reach out to the broker for more info on lease terms and amenities

Contacts

James Halbur

Jim Halbur - KW - Full Sail Commercial

Location

  • City Mankato, MN
  • Zip Code 56001
  • Walk score 86/100 Very Walkable
  • Bike score 89/100 Very Bikeable
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Points of Interest

Hy-Vee Gas

0.21 miles

Cenex

0.49 miles

Kwik Trip

0.56 miles

Speedway

1.19 miles

Circle K

1.22 miles

Happy Dan's Gas Station

1.71 miles

Casey's General Store

1.90 miles

Tesla Destination Charger

2.46 miles

Cherry Street Parking Ramp

0.04 miles

Mankato Place Ramp

0.12 miles

City Center Ramp

0.13 miles

Civic Center Ramp

0.22 miles

Park

0.72 miles

Lot 17

0.86 miles

Lot 18

0.94 miles

Lot 14

0.94 miles

Lot 15

1.01 miles

Lot 16

1.03 miles

4 Seasons Truck Wash

1.32 miles

Kwik Trip - Car Wash

1.58 miles

Howard Drive Car Wash

2.04 miles

Kwik Trip Car Wash

2.11 miles

Star Street Car Wash

2.19 miles

Enterprise

2.26 miles

Lager's Car Wash & Quick Lube

2.44 miles

Holiday Car Wash

2.83 miles

Snell Auto Wash

2.89 miles

Fleet Farm Car Wash

2.95 miles

Papa Murphy's

0.17 miles

Arby's

0.19 miles

Subway

0.34 miles

Dino's Pizzeria

0.44 miles

Nakato Bar & Grill

0.45 miles

Spinners Bar & Grill

0.47 miles

American Legion Post 518

0.49 miles

Little Caesars

0.53 miles

Dairy Queen

0.58 miles

Burger King

0.70 miles

Hy-Vee

0.16 miles

Cub Foods

0.65 miles

Madison East Center

1.69 miles

Belle Mar Center

1.71 miles

ALDI

2.12 miles

Raintree Mall

2.39 miles

River Place

2.58 miles

JCPenney

2.59 miles

River Hills Mall

2.60 miles

Walmart Supercenter

2.68 miles

Walgreens

0.19 miles

Public Safety Center

0.24 miles

PrairieCare

0.29 miles

Mayo Clinic Health System

1.03 miles

North Mankato Police Department

1.06 miles

North Mankato Fire Department

1.09 miles

CVS Pharmacy

1.39 miles

MANKATO FIRE STATION 3

1.57 miles

DaVita Dialysis

1.67 miles

Planned Parenthood

1.69 miles

Listing Summary

  • Property Financials

    418 S 2nd St is currently listed for sale at $1,200,000 for a price per square foot of $30.7.

  • Property Details

    418 S 2nd St totals 39,088 square feet of Office space on a lot spanning 0.63 acres.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 86, indicating that it is very walkable.

Contact James Halbur
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