5 Aveyda Way, Mankato, MN 56001

Mankato
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
5 Aveyda Way,Mankato, MN 56001
$960,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: rebecca thate
Office: re/max advantage plus
MLS#:7042447
Source:NSMLS

Price summary

  • Price:$960,000

About this home

Shovel ready building pad for up to 80 units in Building 5 with 24,268 SF and 120 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal...

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Home facts

  • Listing ID #:7042447
  • Added:142 day(s) ago
  • Updated:August 14, 2026 at 12:33 PM

Structure and exterior

  • Lot Features:Level, Underground Utilities

Finances and disclosures

  • Price:$960,000
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. NSMLS Member Broker: Bob Erickson

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