201 N Victory Drive, Mankato, MN 56001
Property Type:
Commercial
Lot Size (sq. ft.):
270,508
Status:
Active
List Date:
4/04/2025
Last Modified:
6/24/2025
Description
Victory Center: Prime Retail Opportunities in High-Traffic Mankato Location
Location: Victory Center is strategically situated near the bustling intersection of Victory Drive and Madison Avenue in Mankato, Minnesota, offering excellent visibility and accessibility. This well-established retail mall benefits from robust daily traffic counts, with MNDOT reporting approximately 23,000 vehicles passing by daily.
Anchors & Existing Tenants: The center boasts a strong tenant mix, anchored by established businesses such as MGM Liquor Warehouse and River Bend Business Products. These anchors, along with Quality Appliance, Dan’s Barbershop, and Health Cert, create a vibrant and consistent flow of customers.
Available Suites:
Suite 331: Approximately 600SF. Perfectly positioned for a hair salon or similar personal service business. This suite is conveniently located adjacent to Dan’s Barbershop, leveraging existing foot traffic and creating a synergistic environment for related businesses.
Suite 271: Approximately 2,500SF. Formerly a gym, this spacious suite offers substantial square footage and high visibility. Its proximity to MGM Liquor Warehouse ensures consistent customer exposure.
Suite 371: Approximately 1,500SF. Previously utilized as an office, this suite provides a versatile space suitable for a variety of retail or service-oriented businesses. Its location near MGM Liquor Warehouse also contributes to strongfoot traffic.
Key Advantages:
•High Visibility & Traffic: Benefit from exceptional exposure with 23,000 vehicles passing by daily.
•Established Tenant Mix: Join a thriving community of established businesses that drive consistent customer traffic.
•Strategic Location: Easy access from Victory Drive and Madison Avenue, ensuring convenience for customers.
•Diverse Suite Options: Catering to a range of business needs, from salon spaces to larger retail or service areas.
•Ample Parking: Victory Center provides abundant parking for customers and employees, ensuring convenient access.
•Foot Traffic: The location near the Anchor store MGM Liquor warehouse provides a high amount of foot traffic.
More Information MLS# 6697433
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
List Date: 2025-04-02
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 125
Year Built: 1964
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 800x400
Acres: 6.21
Foundation Size: 68200
Garage Stalls: 0
For Sale or Lease: For Lease
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: 6.22A IN E2 OF NE4 OF NE4 LYG.E & S OF VICTORY DRIVE 017 108 26 6.22A
Listing City: Mankato
Map Page: 999
Municipality: Mankato
School District Phone: 507-387-1868
Zip Plus 4: 2637
Property ID Number: TBD
Tax Year: 2025
Tax Amount: 69978.38
In Foreclosure?: Not disclosed
Potential Short Sale?: Not disclosed
Lender Owned?: Not disclosed
Directions & Remarks
Public Remarks: Victory Center: Prime Retail Opportunities in High-Traffic Mankato Location
Location: Victory Center is strategically situated near the bustling intersection of Victory Drive and Madison Avenue in Mankato, Minnesota, offering excellent visibility and accessibility. This well-established retail mall benefits from robust daily traffic counts, with MNDOT reporting approximately 23,000 vehicles passing by daily.
Anchors & Existing Tenants: The center boasts a strong tenant mix, anchored by established businesses such as MGM Liquor Warehouse and River Bend Business Products. These anchors, along with Quality Appliance, Dan’s Barbershop, and Health Cert, create a vibrant and consistent flow of customers.
Available Suites:
Suite 331: Approximately 600SF. Perfectly positioned for a hair salon or similar personal service business. This suite is conveniently located adjacent to Dan’s Barbershop, leveraging existing foot traffic and creating a synergistic environment for related businesses.
Suite 271: Approximately 2,500SF. Formerly a gym, this spacious suite offers substantial square footage and high visibility. Its proximity to MGM Liquor Warehouse ensures consistent customer exposure.
Suite 371: Approximately 1,500SF. Previously utilized as an office, this suite provides a versatile space suitable for a variety of retail or service-oriented businesses. Its location near MGM Liquor Warehouse also contributes to strongfoot traffic.
Key Advantages:
•High Visibility & Traffic: Benefit from exceptional exposure with 23,000 vehicles passing by daily.
•Established Tenant Mix: Join a thriving community of established businesses that drive consistent customer traffic.
•Strategic Location: Easy access from Victory Drive and Madison Avenue, ensuring convenience for customers.
•Diverse Suite Options: Catering to a range of business needs, from salon spaces to larger retail or service areas.
•Ample Parking: Victory Center provides abundant parking for customers and employees, ensuring convenient access.
•Foot Traffic: The location near the Anchor store MGM Liquor warehouse provides a high amount of foot traffic.
Directions: Located in the Victory Center, off Victory Drive & Belle Ave.
Accessible
No Stairs Internal: 1
Assessments
Assessment Balance: 1835.62
Tax With Assessments: 71814
Building Information
Building Finished SqFt: 64053
Construction Status
Previously Owned: 1
Exterior
Block: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Triple Net: 1
Lease Amount Type: Square Foot
Lock Box Type
None: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 26
Section#: 17
Township#: 108
Sale Options
Sale Includes: Leases, Rental License
Sewer
City Sewer - In Street: 1
Unit 1
Leased?: No
Unit Number: 331
Unit Total SqFt: 600
Unit Details
Total Units: 16
Water
City Water/Connected: 1
Unit 2
Leased?: No
Unit Number: 341
Unit Total SqFt: 2050
Unit 3
Leased?: No
Unit Number: 271
Unit Total SqFt: 2500
Unit 4
Leased?: No
Unit Number: 211
Unit Total SqFt: 4091
On Site Utilities
Electric Separate: 1
CMU Style
Retail/Shopping Center: 1
Current Use
Beauty/Barber Shop: 1
Business Service: 1
Commercial: 1
Office: 1
Other: 1
Professional Service: 1
Retail: 1
Storage Facility: 1
Warehouse: 1
Location Tax and Other Information
House Number: 201
Street Direction Prefix: N
Street Name: Victory
Street Suffix: Drive
Postal City: Mankato
County: Blue Earth
State: MN
Zip Code: 56001
Property Features
Accessible: No Stairs Internal
CMU Style: Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Beauty/Barber Shop; Business Service; Commercial; Office; Other; Professional Service; Retail; Storage Facility; Warehouse
Exterior: Block
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Lease Details: Triple Net
Lock Box Type: None
On Site Utilities: Electric Separate
Parking Characteristics: Parking Lot
Sewer: City Sewer - In Street
Water: City Water/Connected
Listing Office:
Keller Williams Premier Realty
Last Updated: June - 24 - 2025
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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