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
IDX
Last Updated: June - 24 - 2025
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