200 Chestnut Street Mankato, MN $ 999,995
200 Chestnut Street
$ 999,995
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200 Chestnut Street

Mankato, MN, 56001
$ 999,995
Bedrooms-- Baths--

Monthly Estimate*

$ 6,907

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Commercial Property for sale in Mankato, MN

for $999,995. This building was built in 1946 on a lot size of 2.5.

Own a piece of Mankato history with this iconic property, famously known as the Kato Ballroom and Kato Entertainment Center. Constructed in 1946, this landmark has long been recognized as a notable part of the community’s history and entertainment scene. Steeped in character and history, the property offers a truly unique opportunity to bring new vision to a well-known Mankato landmark. Whether envisioned for continued entertainment use, a creative redevelopment project, or another purpose, this one-of-a-kind property presents possibilities that are difficult to duplicate. A rare opportunity to own a piece of local history and create its next chapter.

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Commercial Active

Price

$ 999,995

Property Type

Commercial

Taxes

$ 18,075

Style

Lot Size

2.5

Year Built

1946

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

7133568

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Rubber
Garage Spaces 0
Year Built 1946
Levels One
Tax Year 2026
Current Use Event Space Food Service Other
Accessibility Fully Wheelchair
County Blue Earth
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Mankato City
Directions From Riverfront Drive turn west onto Chestnut Street. Property is on the right just past 1st Ave.
City Mankato
High School District Mankato
Zoning Description Industrial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 18075.5
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Hardwood Floors Security System Vaulted Ceiling(s) Wet Bar
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Exterior
Parking Features Open
Water Source City Water/Connected
Inclusions Building Business Assets Business Land
Lot Size Area 2.5
Lot Dimensions 108900 SF
Waterfront Y/N N
Foundation Area 28153
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 200
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* Excluded Features
List By
True Real Estate

Broker

karen@truerealestatemn.com

Email

Affordability Calculator

$8,413
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$1,506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$999,995 Listed Price

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200 Chestnut Street, Mankato, MN, 56001 is a Commercial Property for sale at $999,995 with a lot size of 2.5. 200 Chestnut Street was built in 1946. The property's zip code is 56001 which is in Mankato, MN