Highway 22 & Augusta Drive Development Site

Description:

PROPERTY DESCRIPTION:
This 16.55+ acre development site has been subdivided into six commercial lots available for purchase individually, with lot sizes ranging from 2.16 acres to 4.21 acres. The property may also be acquired as a full-site purchase totaling approximately 16+ usable acres (future roadway excluded).


Zoned B-3 Business Commercial, the site allows for a variety of commercial uses including RV, automobile and boat sales, banks, hotels, convenience stores, medical facilities, retail businesses, and other commercial development. The zoning also allows for high-density residential development with city approval.


Lots available individually, or the entire site may be purchased at $4.35 per square foot.

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.

Rapidly Expanding Commercial Area
14,000 VPD on MN Hwy 22
Growing Residential Area
Six Parcels Available

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Listing ID: c9efdf1a-f98f-4bdc-aba3-ad7aef40868f

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