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North Victory Drive and St. Andrews Drive Development Site

$325,000

North Victory Drive, Mankato, MN 56001

Active
Last Updated: 11/18/2025

4,846 sqft

Building Size

1.13 acres

Lot Area

Details:
Building Size:    4,846 sqft
Lot Area:    1.13 acres
Year Built:    2008
Floors:    1
Highlights:
  • 1.13 Highway Commercial
  • Build-to-Suit Option Available
  • Excellent Highway 14 Off-Ramp Visibility
  • Growing Retail/Office District
  • Adjacent Large R-1/R-4 Developments
Description:

A rare infill development opportunity along North Victory Drive — one of Mankato’s highest-demand commercial corridors, where buildable frontage is increasingly scarce. This 1.13-acre B-3 Highway Commercial parcel delivers exceptional positioning for developers seeking high-impact visibility with immediate access to four-lane Highway 14. The site’s strategic adjacency to regional power-retail, established traffic generators and growing pad-site activity creates a compelling platform for ground-up development, build-to-suit deployment or national-tenant expansion.

With full urban services at the lot line, strong traffic counts, and minimal site constraints, the parcel supports rapid vertical execution and efficient entitlement pathways. Ideal for retail, QSR, automotive, service-commercial, hospitality or financial-services concepts seeking a marquee corner in an undersupplied corridor. This is a flagship development site offering long-term value, dominant exposure and unmatched connectivity in the Greater Mankato growth market.

Zoning Details:
B-3 Highway Commercial District, suitable for a variety of planned developments including but not limited to automobile service stations and car washes, Banks and savings and loans, including drive-in facilities, Clubs and lodges, Convenience stores, Funeral Homes, Hotels, Pet Stores, Broadcasting, Surface parking lots and parking structures or garages, Conditional Uses include any use that exceeds thirty thousand (30,000) square feet of gross floor area or other commercial and residential uses determined by the Planning Agency.

Situated just off the US-14/US-169 corridor in the Greater Mankato region, this parcel benefits from high-volume traffic exposure and proximity to major retail between Home Depot, Menards and Fleet Farm. The surrounding area is in the midst of robust commercial expansion with recent pad builds (including convenience-retail and fast-casual restaurants), strong workforce support and favorable municipal entitlements. This is a clearly differentiated site for users or investors looking to position in a high-growth Southern Minnesota corridor with both regional connectivity and proven demand.

Map:
Documents:
Title
Development_Brochure.pdf
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