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28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

1 Beds ⋅ 1 Baths ⋅ 7039895 MLS

28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.

123 N 4th, Mankato

$5,750,000

Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1950. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments, consisting of 8 two bedroom units and 30 one bedroom units, went through a total remodel in 2022 and early 2023. There is ample parking on the property for all residents. Building #2 (121 E Cherry St) is a commercial building consisting of 12,663SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. Building #3 (117 E Cherry St) is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms.

7039815 MLS

Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1950. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments, consisting of 8 two bedroom units and 30 one bedroom units, went through a total remodel in 2022 and early 2023. There is ample parking on the property for all residents. Building #2 (121 E Cherry St) is a commercial building consisting of 12,663SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. Building #3 (117 E Cherry St) is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms.

500 S 2nd, Mankato

$139,900

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. All 4 spaces are listed For Lease at $700/mo. OR Lease the entire main level of the building for $2000/mo. Property owner will have exclusive access to the basement level. Base rent amount does not include utilities. 2026 Taxes will be paid for by the Seller. Please use ShowingTime for showings and TrustFunds for earnest money.

7039755 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. All 4 spaces are listed For Lease at $700/mo. OR Lease the entire main level of the building for $2000/mo. Property owner will have exclusive access to the basement level. Base rent amount does not include utilities. 2026 Taxes will be paid for by the Seller. Please use ShowingTime for showings and TrustFunds for earnest money.

300 Pine, Nicollet

$600

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500 Building is also listed For Sale in RASM and NorthStar for $164,900. Please refer to MLS# 7039755 or 7042935

7039753 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500 Building is also listed For Sale in RASM and NorthStar for $164,900. Please refer to MLS# 7039755 or 7042935

635 N 3rd, Nicollet

$600

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. 2026 Taxes will be paid for by the Seller. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500 Please use ShowingTime for showings and TrustFunds for earnest money. Building is also listed For Sale in RASM and NorthStar for $164,900. Please refer to MLS# 7039755 or 7042935

7039752 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. 2026 Taxes will be paid for by the Seller. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500 Please use ShowingTime for showings and TrustFunds for earnest money. Building is also listed For Sale in RASM and NorthStar for $164,900. Please refer to MLS# 7039755 or 7042935

633 N 3rd, Nicollet

$600

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500

7039751 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate and individual office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500

304 Pine, Nicollet

$600

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500

7039749 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate office spaces within the building. Leases Available: Unit 300 $700/mo. Unit 304 $700/mo. Unit 633 $700/mo. Unit 635 $700/mo. Building Main Floor rental $2000 Building Main Floor including Basement $2500

300 Pine, Nicollet

$650,000

Great opportunity for office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936SF and has 11 offices, 2 bathrooms, both of which are handicap accessible, and space for a conference room. There is designated off-street parking with room for 15-20 vehicles. This space is also for rent at a rate of $16/SF/YR.

7039649 MLS

Great opportunity for office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936SF and has 11 offices, 2 bathrooms, both of which are handicap accessible, and space for a conference room. There is designated off-street parking with room for 15-20 vehicles. This space is also for rent at a rate of $16/SF/YR.

915 S Front, Mankato

$199,900

619 Hope St, Mankato, MN - a prime investment opportunity in the heart of the thriving Mankato area. This 2,268 SF commercial property, constructed in 1973, offers a versatile space ideal for a variety of special purpose or other investment ventures. Zoned for commercial use, this property provides ample potential for a specialized investor to create a unique and impactful presence in the area. Make your mark with this exceptional property, strategically positioned for success in the dynamic Mankato market. Proposed apartment building and rooftop patio photos in this listing have been virtually staged/created to showcase the property's potential layout and design. Virtually created apartment building is approximately 4,000 sq ft, with plans for 2 bedroom apartments, and a rooftop patio.

7039648 MLS

619 Hope St, Mankato, MN - a prime investment opportunity in the heart of the thriving Mankato area. This 2,268 SF commercial property, constructed in 1973, offers a versatile space ideal for a variety of special purpose or other investment ventures. Zoned for commercial use, this property provides ample potential for a specialized investor to create a unique and impactful presence in the area. Make your mark with this exceptional property, strategically positioned for success in the dynamic Mankato market. Proposed apartment building and rooftop patio photos in this listing have been virtually staged/created to showcase the property's potential layout and design. Virtually created apartment building is approximately 4,000 sq ft, with plans for 2 bedroom apartments, and a rooftop patio.

619 Hope, Mankato

$6,324

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 201 offers 4,009 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 201 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

7039627 MLS

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 201 offers 4,009 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 201 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

209 S 2nd, Mankato

$1,406

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 307 offers 891 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 307 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

7039625 MLS

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 307 offers 891 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 307 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

209 S 2nd, Mankato

$666

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 309 offers 422 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 309 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

7039624 MLS

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 309 offers 422 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 309 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

209 S 2nd, Mankato

$1,456

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 316 offers 923 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 316 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

7039622 MLS

Position your business at the center of opportunity at Atwood Plaza, located in the heart of City Center Mankato. Suite 316 offers 923 square feet of professional office space within this highly visible building, surrounded by a strong mix of established businesses and professional services. With excellent access and prime downtown presence, Atwood Plaza provides the ideal setting for companies looking to relocate, grow, or expand their footprint in Southern Minnesota. Serving a metropolitan area of approximately 200,000 people, City Center Mankato is the region's hub for employment, government, entertainment, and commerce. The surrounding district features a vibrant blend of small businesses and major corporations across industries including retail, agribusiness, finance, telecommunications, and outdoor recreation. Employees and clients will enjoy the convenience of being steps away from local coffee shops, restaurants, and downtown amenities, creating an energetic and connected business atmosphere. Establish your presence where business happens-Suite 316 at Atwood Plaza in City Center Mankato. Owner is a licensed real estate broker in the State of MN.

209 S 2nd, Mankato

$22

Prime Retail Space for Lease – River Place Center An exceptional 2,020 sq. ft. retail space is now available immediately for lease in River Place Center, a highly desirable commercial location off Adams Street, directly across from River Hills Mall. Located between Planet Fitness and Liv Aveda Salon/Spa. $22.50/SF + Op Ex Broker is owner.

7039612 MLS

Prime Retail Space for Lease – River Place Center An exceptional 2,020 sq. ft. retail space is now available immediately for lease in River Place Center, a highly desirable commercial location off Adams Street, directly across from River Hills Mall. Located between Planet Fitness and Liv Aveda Salon/Spa. $22.50/SF + Op Ex Broker is owner.

1849 Adams, Mankato

$2,145

Turnkey former salon space located in the Family Dollar strip center near downtown Mankato. The 2,145 SF suite is fully built out and ready for occupancy, making it ideal for a salon operator or entrepreneur looking to launch quickly without the cost of a full build-out. The current layout can accommodate up to 10 stylist chairs and includes a private office, break room, and an ADA-compliant restroom. The center offers ample on-site parking and convenient access for customers and staff. Great opportunity for an operator to run a salon and generate additional income by renting chairs to independent stylists.

7039611 MLS

Turnkey former salon space located in the Family Dollar strip center near downtown Mankato. The 2,145 SF suite is fully built out and ready for occupancy, making it ideal for a salon operator or entrepreneur looking to launch quickly without the cost of a full build-out. The current layout can accommodate up to 10 stylist chairs and includes a private office, break room, and an ADA-compliant restroom. The center offers ample on-site parking and convenient access for customers and staff. Great opportunity for an operator to run a salon and generate additional income by renting chairs to independent stylists.

826 S Front, Mankato

$16

Great opportunity for an office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936 SF and has 15 offices, 2 bathrooms, both of which are handicap accessible, and space for a conference room. There is designated off-street parking with room for 15-20 vehicles. This space is for rent at a rate of $16/SF/YR.

7039605 MLS

Great opportunity for an office space! This commercial building is located on Front Street in downtown Mankato. The building is 5,936 SF and has 15 offices, 2 bathrooms, both of which are handicap accessible, and space for a conference room. There is designated off-street parking with room for 15-20 vehicles. This space is for rent at a rate of $16/SF/YR.

915 S Front, Mankato

$425,000

Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

7039457 MLS

Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

200 E North, Janesville

$999,900

Prime Victory Drive commercial opportunity with outstanding visibility and frontage road access. Average daily traffic count of approximately 17,500 vehicles provides exceptional exposure for retail, service, or light industrial use. This versatile property is divided into multiple functional spaces. The retail and showroom area offers approximately 6,000 square feet and includes three private offices, storage, a kitchenette, and a recently updated ADA compliant bathroom. The current owner operated business is relocating, not closing, creating an excellent opportunity for an owner occupant or investor. The front portion of the building features approximately 5,000 square feet leased to a martial arts studio with a three year lease in place, providing steady income. The warehouse space consists of approximately 4,800 square feet with eight overhead doors ranging from 10 to 14 feet in height. Portions of the warehouse are heated, offering flexibility for storage, distribution, or additional rental income potential. Situated on a .82 acre lot, the property provides ample access and functionality. Two new furnaces have recently been installed. Strong rental potential, flexible layout, and a premier location make this a rare Victory Drive opportunity.

1 Baths ⋅ 7039443 MLS

Prime Victory Drive commercial opportunity with outstanding visibility and frontage road access. Average daily traffic count of approximately 17,500 vehicles provides exceptional exposure for retail, service, or light industrial use. This versatile property is divided into multiple functional spaces. The retail and showroom area offers approximately 6,000 square feet and includes three private offices, storage, a kitchenette, and a recently updated ADA compliant bathroom. The current owner operated business is relocating, not closing, creating an excellent opportunity for an owner occupant or investor. The front portion of the building features approximately 5,000 square feet leased to a martial arts studio with a three year lease in place, providing steady income. The warehouse space consists of approximately 4,800 square feet with eight overhead doors ranging from 10 to 14 feet in height. Portions of the warehouse are heated, offering flexibility for storage, distribution, or additional rental income potential. Situated on a .82 acre lot, the property provides ample access and functionality. Two new furnaces have recently been installed. Strong rental potential, flexible layout, and a premier location make this a rare Victory Drive opportunity.

219 S Victory, Mankato

$600,000

Dairy Queen® Grill & Chill® Franchise for Sale with Drive-Thru & Indoor Seating. This year-round Dairy Queen Grill & Chill location offers the best of both worlds: iconic soft serve favorites on the Chill side including the legendary Blizzard® and a full lineup of Grill classics such as chicken strip baskets, Stackburgers®, fries, onion rings, and cheese curds. Owned and operated by the current franchisees since 2008. This store has an established customer base and a strong local presence. Prime Highway Location situated next to the Tourist Center and the World Famous Jolly Green Giant statue. This restaurant sits along Hwy 169—just minutes south of Interstate 90 on the north side of Blue Earth, MN (Faribault County). High visibility and steady traffic make this an ideal spot for both locals and travelers. Restaurant Features • Drive Thru service for fast, convenient ordering • Comfortable indoor seating for up to 35 guests • Large parking lot with ample space for SUVs and larger vehicles • Fully modernized and up to date interior and equipment Sale Includes Franchise rights, fixtures, equipment, goodwill, and real estate. Inventory sold separately and not included in the listing price. Dairy Queen is one of the most trusted and beloved names in quick service dining. Whether you’re expanding your portfolio or purchasing your first franchise, this profitable, well established location offers an exceptional opportunity. Step into the DQ Franchise Lifestyle today.

7039426 MLS

Dairy Queen® Grill & Chill® Franchise for Sale with Drive-Thru & Indoor Seating. This year-round Dairy Queen Grill & Chill location offers the best of both worlds: iconic soft serve favorites on the Chill side including the legendary Blizzard® and a full lineup of Grill classics such as chicken strip baskets, Stackburgers®, fries, onion rings, and cheese curds. Owned and operated by the current franchisees since 2008. This store has an established customer base and a strong local presence. Prime Highway Location situated next to the Tourist Center and the World Famous Jolly Green Giant statue. This restaurant sits along Hwy 169—just minutes south of Interstate 90 on the north side of Blue Earth, MN (Faribault County). High visibility and steady traffic make this an ideal spot for both locals and travelers. Restaurant Features • Drive Thru service for fast, convenient ordering • Comfortable indoor seating for up to 35 guests • Large parking lot with ample space for SUVs and larger vehicles • Fully modernized and up to date interior and equipment Sale Includes Franchise rights, fixtures, equipment, goodwill, and real estate. Inventory sold separately and not included in the listing price. Dairy Queen is one of the most trusted and beloved names in quick service dining. Whether you’re expanding your portfolio or purchasing your first franchise, this profitable, well established location offers an exceptional opportunity. Step into the DQ Franchise Lifestyle today.

1130 Giant, Blue Earth

$39,900

Investment opportunity! Check out this charming staple in the heart of downtown Fairfax. Main level was most recently used as a bakery. It provides a seating/display area, bathroom, kitchen, storage rooms and baking room. Rooms are all spacious and can be versatile. Lower level has lots of room for additional storage. Upper level was last used as an apartment. It will require some TLC to get it in a livable state. Schedule your private showing today!

7039391 MLS

Investment opportunity! Check out this charming staple in the heart of downtown Fairfax. Main level was most recently used as a bakery. It provides a seating/display area, bathroom, kitchen, storage rooms and baking room. Rooms are all spacious and can be versatile. Lower level has lots of room for additional storage. Upper level was last used as an apartment. It will require some TLC to get it in a livable state. Schedule your private showing today!

127 SE 1st, Fairfax

$15,000

Premier Mixed-Use Property | Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

3 Baths ⋅ 7039203 MLS

Premier Mixed-Use Property | Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

235-237 Belgrade, North Mankato

$2,600,000

Premier Mixed-Use Property | Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

3 Baths ⋅ 7039202 MLS

Premier Mixed-Use Property | Modern Retail Space + Five Luxury Apartments Discover an exceptional opportunity to own an elegant, modern mixed-use property perfectly suited for high-end wellness, boutique retail, or professional services. The main level features a beautifully designed upscale retail suite currently operating as a luxury skin and spa clinic, showcasing contemporary finishes, refined décor, and a tranquil, sophisticated atmosphere. Large display windows and thoughtfully curated lighting create a welcoming street presence ideal for any premium brand. The upper levels include five well-appointed apartments, each offering stylish modern design, open layouts, and abundant natural light. These residences provide stable rental income as well as convenience for on-site owners or staff. This property blends aesthetic appeal with practical functionality—perfect for investors, owner-operators, or entrepreneurs seeking a turnkey space in a desirable location. With its elegant design, updated infrastructure, and strong mixed-use potential, this is a rare offering that delivers both luxury and long-term value.

235-257 Belgrade, North Mankato

$180,000

Welcome to an incredible opportunity to own a successful, well-loved local bar that’s truly turn-key! This thriving establishment is known for its loyal customer base, and a reputation built on many years of great service, great food, and unforgettable events. From morning regulars to evening crowds, this place stays lively with activity. This is not just a bar, but a full dining destination with a fully equipped kitchen serving hearty homemade breakfast, lunch and dinner. The full kitchen also provides an excellent opportunity for catering, allowing you to expand revenue by serving food at private parties, community events, and special gatherings. In addition to on-site food and beverage sales, this bar also includes a dedicated off-sale area, which provides a highly profitable, high-margin revenue stream, an exceptional boost to overall annual income. Pull tabs and e-tabs add yet another strong, dependable income source. Linda's Place has hosted countless fun events such as trivia, bingo, meat raffles, DIY projects and more that keeps customers engaged and coming back for more! Some recent updates include a newer furnace, air and a new walk-in cooler compressor giving peace of mind and reducing future overhead. Everything is set and ready for a new owner to step in and continue the momentum. Whether you're an experienced bar owner or someone ready to jump into a proven business with huge potential, this property offers an exciting chance to take over a local hotspot with endless possibilities. Turn the key, take the reins, and make it your own!

7039163 MLS

Welcome to an incredible opportunity to own a successful, well-loved local bar that’s truly turn-key! This thriving establishment is known for its loyal customer base, and a reputation built on many years of great service, great food, and unforgettable events. From morning regulars to evening crowds, this place stays lively with activity. This is not just a bar, but a full dining destination with a fully equipped kitchen serving hearty homemade breakfast, lunch and dinner. The full kitchen also provides an excellent opportunity for catering, allowing you to expand revenue by serving food at private parties, community events, and special gatherings. In addition to on-site food and beverage sales, this bar also includes a dedicated off-sale area, which provides a highly profitable, high-margin revenue stream, an exceptional boost to overall annual income. Pull tabs and e-tabs add yet another strong, dependable income source. Linda's Place has hosted countless fun events such as trivia, bingo, meat raffles, DIY projects and more that keeps customers engaged and coming back for more! Some recent updates include a newer furnace, air and a new walk-in cooler compressor giving peace of mind and reducing future overhead. Everything is set and ready for a new owner to step in and continue the momentum. Whether you're an experienced bar owner or someone ready to jump into a proven business with huge potential, this property offers an exciting chance to take over a local hotspot with endless possibilities. Turn the key, take the reins, and make it your own!

236 E Maine Street, Amboy

$1,489,000

Nicollet Plaza is a prime commercial investment opportunity located in the heart of the downtown St. Peter historic district. Surrounded by well-preserved 19th Century Architecture, this building is right on Highway 169 with supreme visibility and high traffic activity. The completely remodeled 23,325 SF building is nearly at full occupancy. Current tenants include: Paddlefish Brewing Company, Greater MN Trauma Center, Vet Pharmacy, Sherwin Group and Great Wall restaurant. Sale includes an extra 4,960 SF parcel for additional parking that is currently rented to a neighboring business. Property is zoned 3A that allows for a wide range of retail and office uses. St. Peter is a thriving business, historic and artistic city. Investment CAP Rate = 8.59%. NDA is required to access confidential documents.

7038973 MLS

Nicollet Plaza is a prime commercial investment opportunity located in the heart of the downtown St. Peter historic district. Surrounded by well-preserved 19th Century Architecture, this building is right on Highway 169 with supreme visibility and high traffic activity. The completely remodeled 23,325 SF building is nearly at full occupancy. Current tenants include: Paddlefish Brewing Company, Greater MN Trauma Center, Vet Pharmacy, Sherwin Group and Great Wall restaurant. Sale includes an extra 4,960 SF parcel for additional parking that is currently rented to a neighboring business. Property is zoned 3A that allows for a wide range of retail and office uses. St. Peter is a thriving business, historic and artistic city. Investment CAP Rate = 8.59%. NDA is required to access confidential documents.

108 S Minnesota, St. Peter

$250,000

Exceptional opportunity in downtown Henderson!This well-maintained two-story commercial building, built in 2006, features a main level commercial space(currently a fitness center) and an upper-level 1-bedroom apartment. The main floor offers an open layout ideal for fitness, retail, or office use, with large dispaly wingows, restroom, and excellent street visibility. The Second-story 1 bedroom apartment includes a full kitchen, bath, and private entrance-perfect for owner occupancy or rental income. Off-street parking, rear access, and great exposure along Main Street. Prime live/work or investment property in the heart of Henderson's historic downtown district.

7038962 MLS

Exceptional opportunity in downtown Henderson!This well-maintained two-story commercial building, built in 2006, features a main level commercial space(currently a fitness center) and an upper-level 1-bedroom apartment. The main floor offers an open layout ideal for fitness, retail, or office use, with large dispaly wingows, restroom, and excellent street visibility. The Second-story 1 bedroom apartment includes a full kitchen, bath, and private entrance-perfect for owner occupancy or rental income. Off-street parking, rear access, and great exposure along Main Street. Prime live/work or investment property in the heart of Henderson's historic downtown district.

305 Main, Henderson

$619,900

This 72’ x 240’ metal building on 3.95 acres is built for heavy-duty operations. Featuring 8 overhead doors (14’ high) and a 26’ ground-level overhead door, it’s designed for maximum accessibility and efficiency. Inside, the space boasts 8” concrete floors with in-floor drains, 16’ clear height, and a full semi-truck wash bay, making it ideal for trucking companies, equipment storage, repair facilities, or service operations. With tons of recent updates, this property is truly move-in ready. Located just 25 minutes south of Mankato and 15 minutes from Interstate 90, it provides excellent regional access and functionality for your business.

7038728 MLS

This 72’ x 240’ metal building on 3.95 acres is built for heavy-duty operations. Featuring 8 overhead doors (14’ high) and a 26’ ground-level overhead door, it’s designed for maximum accessibility and efficiency. Inside, the space boasts 8” concrete floors with in-floor drains, 16’ clear height, and a full semi-truck wash bay, making it ideal for trucking companies, equipment storage, repair facilities, or service operations. With tons of recent updates, this property is truly move-in ready. Located just 25 minutes south of Mankato and 15 minutes from Interstate 90, it provides excellent regional access and functionality for your business.

10198 614th, Minnesota Lake

$249,000

This exceptional commercial property presents an outstanding business opportunity for the entrepreneurial spirit. This well-established restaurant and bar sits in a prime location along State Highway 83, strategically positioned between multiple communities for maximum accessibility and customer reach. The single-story building has been thoughtfully expanded with additions completed in 2016 and 2018, creating additional space for operations and guest comfort. A durable metal roof protects your investment, while the attractive fenced patio area offers delightful outdoor dining options that customers love during pleasant weather. The generous parking area ensures your guests will never struggle to find a convenient spot. Step inside to discover a beautifully updated interior featuring modern amenities and thoughtful design. The layout includes two distinct bar areas, providing flexibility for different crowds and occasions. Multiple seating options accommodate various group sizes with an array of tables, stools, and high-top seating arrangements. The spacious bathroom features elegant ceramic tile finishes. This turnkey opportunity includes everything needed to hit the ground running. The sale encompasses the building, land, and existing inventory, allowing for seamless transition into operations. All appliances remain with the property, eliminating the need for costly equipment purchases. Whether you're looking to continue the current successful concept or transform the space into your dream establishment, this property offers endless possibilities. The proven track record, excellent location, and included assets make this an attractive investment for anyone seeking to enter or expand in the hospitality industry.

7038610 MLS

This exceptional commercial property presents an outstanding business opportunity for the entrepreneurial spirit. This well-established restaurant and bar sits in a prime location along State Highway 83, strategically positioned between multiple communities for maximum accessibility and customer reach. The single-story building has been thoughtfully expanded with additions completed in 2016 and 2018, creating additional space for operations and guest comfort. A durable metal roof protects your investment, while the attractive fenced patio area offers delightful outdoor dining options that customers love during pleasant weather. The generous parking area ensures your guests will never struggle to find a convenient spot. Step inside to discover a beautifully updated interior featuring modern amenities and thoughtful design. The layout includes two distinct bar areas, providing flexibility for different crowds and occasions. Multiple seating options accommodate various group sizes with an array of tables, stools, and high-top seating arrangements. The spacious bathroom features elegant ceramic tile finishes. This turnkey opportunity includes everything needed to hit the ground running. The sale encompasses the building, land, and existing inventory, allowing for seamless transition into operations. All appliances remain with the property, eliminating the need for costly equipment purchases. Whether you're looking to continue the current successful concept or transform the space into your dream establishment, this property offers endless possibilities. The proven track record, excellent location, and included assets make this an attractive investment for anyone seeking to enter or expand in the hospitality industry.

204 1st, Pemberton

$310,000

Located in the heart of historic downtown New Ulm, 214 N Minnesota Street presents a rare opportunity to own a high-visibility commercial property with deep local recognition. Formerly home to the Lamplighter Family Sports Bar & Grill, this iconic corner building offers outstanding potential for redevelopment into a vibrant new business or mixed-use concept. Its prime location ensures consistent foot traffic and excellent exposure, surrounded by other thriving local establishments. This property also features ample parking behind the building, a rare commodoity in most downtown locations. The flexible interior layout provides a blank canvas suitable for a wide range of uses—from restaurants and cafés to boutique retail, entertainment venues, or even adaptive reuse as a mixed commercial and residential space with two apartments on the upper level. As New Ulm’s downtown continues to see revitalization and investment, this property stands out as a strategic opportunity to capitalize on the area's momentum. Whether you're envisioning a revived hospitality concept or launching something entirely new, 214 N Minnesota Street delivers the location, visibility, and history to support your vision. Property also available for lease upon request – please inquire for details. Concept designs available by request for commercial and residential spaces.

7038436 MLS

Located in the heart of historic downtown New Ulm, 214 N Minnesota Street presents a rare opportunity to own a high-visibility commercial property with deep local recognition. Formerly home to the Lamplighter Family Sports Bar & Grill, this iconic corner building offers outstanding potential for redevelopment into a vibrant new business or mixed-use concept. Its prime location ensures consistent foot traffic and excellent exposure, surrounded by other thriving local establishments. This property also features ample parking behind the building, a rare commodoity in most downtown locations. The flexible interior layout provides a blank canvas suitable for a wide range of uses—from restaurants and cafés to boutique retail, entertainment venues, or even adaptive reuse as a mixed commercial and residential space with two apartments on the upper level. As New Ulm’s downtown continues to see revitalization and investment, this property stands out as a strategic opportunity to capitalize on the area's momentum. Whether you're envisioning a revived hospitality concept or launching something entirely new, 214 N Minnesota Street delivers the location, visibility, and history to support your vision. Property also available for lease upon request – please inquire for details. Concept designs available by request for commercial and residential spaces.

214 N Minnesota, New Ulm

$414,900

Located in the heart of historic Downtown New Ulm, 123 N. Minnesota St is a mixed use split class commercial/residential homesteaded building. The first floor features a 1,791 sq ft retail space with basement storage and over 400 sq ft outdoor patio space. The first floor is a blank slate ready for your ideas and touches. The second and third floor have been combined into a 3,000 plus sq ft residential living space which includes just under 400 sq ft outdoor deck space on the third floor. At one time the second and third floors were separate living spaces. Go back to that to double your return in rental income. This building was renovated in 2011 through the New Ulm Small Cities Development Commercial Rehabilitation Program. This renovation replaced windows on all three floors, main roof insulation / rubber membrane, and updated the front building façade with tuckpointing and Historical Society approved color pallet. The kitchen / dining room and bathrooms were updated and remodeled in 2015. The second floor has a kitchen and full bath, and the third floor has a kitchenette and full bath. Laundry has been added to the third floor.

7038048 MLS

Located in the heart of historic Downtown New Ulm, 123 N. Minnesota St is a mixed use split class commercial/residential homesteaded building. The first floor features a 1,791 sq ft retail space with basement storage and over 400 sq ft outdoor patio space. The first floor is a blank slate ready for your ideas and touches. The second and third floor have been combined into a 3,000 plus sq ft residential living space which includes just under 400 sq ft outdoor deck space on the third floor. At one time the second and third floors were separate living spaces. Go back to that to double your return in rental income. This building was renovated in 2011 through the New Ulm Small Cities Development Commercial Rehabilitation Program. This renovation replaced windows on all three floors, main roof insulation / rubber membrane, and updated the front building façade with tuckpointing and Historical Society approved color pallet. The kitchen / dining room and bathrooms were updated and remodeled in 2015. The second floor has a kitchen and full bath, and the third floor has a kitchenette and full bath. Laundry has been added to the third floor.

123 N Minnesota, New Ulm

$119,900

This versatile 5,000 square foot open warehouse, originally built in 1930, sits on a 0.25-acre site and is ideal for a variety of light industrial, storage, or workshop uses. Constructed with a wood frame and clad in durable metal siding, the building features a pitched roof and a fully heated interior, offering year-round usability. The warehouse is equipped with 200-amp electrical service, cement flooring, floor drains, and 10-foot side walls, providing functionality and ease of maintenance. Access is facilitated by two overhead garage doors: one measuring 12’ wide by 14’ high and the other 12’ wide by 10’ high, both operated by automatic openers for convenience and efficiency. Additional features include a half bathroom, and a 375 square foot detached garage for supplemental storage or workspace needs. This garage shares the same wood-frame and metal exterior construction, maintaining a cohesive and sturdy aesthetic throughout the property. Property also available on a for lease basis.

7037543 MLS

This versatile 5,000 square foot open warehouse, originally built in 1930, sits on a 0.25-acre site and is ideal for a variety of light industrial, storage, or workshop uses. Constructed with a wood frame and clad in durable metal siding, the building features a pitched roof and a fully heated interior, offering year-round usability. The warehouse is equipped with 200-amp electrical service, cement flooring, floor drains, and 10-foot side walls, providing functionality and ease of maintenance. Access is facilitated by two overhead garage doors: one measuring 12’ wide by 14’ high and the other 12’ wide by 10’ high, both operated by automatic openers for convenience and efficiency. Additional features include a half bathroom, and a 375 square foot detached garage for supplemental storage or workspace needs. This garage shares the same wood-frame and metal exterior construction, maintaining a cohesive and sturdy aesthetic throughout the property. Property also available on a for lease basis.

108 N Renville, Winthrop

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