Date
Details
Price
Change
Source
8/24/2026
Listed
$999,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 200 Chestnut St
General
- Price: $999,995
- Taxes: $18,075 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7133568
- Updated: 8/26/2026
- Added to Site: 4 day(s) ago
Additional Information
- Amenities: Ceiling Fan(s), Hardwood Floors, Security System, Vaulted Ceiling(s), Wet Bar
Parking
- Parking Features: Open
Location
- County: Blue Earth
- Township: Mankato
- Subdivision: Mankato City
- Driving Directions: From Riverfront Drive, turn west onto Chestnut Street. Property is on the right just past 1st Ave.
School Information
- School District: 77 - Mankato
- High School District: Mankato
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Foundation Size: 28153
- Roof: Rubber
- Disability Access: Fully Wheelchair
- Current Bldg. Use: Event Space, Food Service, Other
- Year Built: 1946
Lot Features
- Lot Size (Acres): 2.5
- Lot Dimensions: 108900 SF
- Zoning: Industrial
Financial Considerations
- Tax Amount: $18,075.5
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: MANKATO CITY 000 011 00
- Inclusions: Building, Business Assets, Business, Land
- Property ID: R010906478001
Listed by True Real Estate
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Schools
Schools serving 200 Chestnut St
School District:Mankato Public School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Mankato, MN 1000 North Broad Street, Mankato, MN 56001 | K-5 | 0.4 mi |
Prairie Winds Middle School 1200 Prairie Winds Drive, Mankato, MN 56001 | 6-8 | 3.4 mi |
Mankato East Senior High School 2600 Hoffman Road, Mankato, MN 56001 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Chestnut St
Tax History
Tax History for 200 Chestnut St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$18,538
11%
$698,200
3%
2024
$16,744
-1%
$680,600
20%
2021
$16,862
11%
$567,400
-16%
2023
$15,252
—
$675,500
15%
2023
$15,252
-13%
$587,600
5%
2020
$17,492
-2%
$560,600
—
2019
$17,840
—
$560,600
—
2018
$17,832
—
$560,600
2%
2017
$17,918
—
$547,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Chestnut St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,709Sq. Ft.
Listed by eXp Realty
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,320Sq. Ft.
Listed by True Real Estate
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 1Total Bath
- 1,556Sq. Ft.
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- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,560Sq. Ft.
Listed by Miller Real Estate
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,035Sq. Ft.
Listed by Bridge Realty, LLC
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 3,182Sq. Ft.
Listed by RE/MAX Dynamic Agents
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,150Sq. Ft.
Listed by Weichert Realtors, Community Group
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,356Sq. Ft.
Listed by Home Run Realty
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 3,774Sq. Ft.
Listed by True Real Estate
Sold by JBeal Real Estate Group
Sold by JBeal Real Estate Group
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 3,228Sq. Ft.
Listed by Weichert Realtors, Community Group
Sold by JBeal Real Estate Group
Sold by JBeal Real Estate Group
200 Chestnut Street, Mankato, MN 56001 (MLS# 7133568) is a Commercial property. 200 Chestnut Street is currently listed for $999,995 and was received on August 24, 2026. Want to learn more about 200 Chestnut Street? Do you have questions about finding other Commercial real estate for sale in Mankato? You can browse all Mankato real estate or contact a Coldwell Banker agent to request more information.