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    400 W Cherry St Kasota, MN 56050

    For Sale
    $5,495,000

    89,000 SF industrial building with rail access and expansion potential.

    Property size:
    89,000 SF
    Lot size:
    10.58 Acres

    Property Features for 400 W Cherry St

    General Information

    Size
    89,000 SF
    Lot size
    10.58 Acres

    Source: The Terrace Group Agent Tony Rossato

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kasota Industrial Facility with Rail Access

    Located between Mankato and St. Peter, the property at 400 Cherry Street West in Kasota, MN, presents an opportunity for acquisition. The clear span building features a total of 89,000 square feet, including 80,000 square feet of industrial space and 9,000 square feet of office space. The facility is equipped with six dock doors, three of which were newly added in 2023 and include levelers, along with seven drive-in doors and nine overhead cranes that span the building's length. The property includes outdoor storage and direct rail access, enhancing its logistical capabilities. Situated on 10.58 acres, the site offers ample room for future expansion. The property provides easy access to Highway 169. There is a signed lease starting in May 2025 to a national credit tenant with deep local roots on a NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cambria Warehouse Senneca Holdings Manufacturer

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Gym & Fitness Auto Parts Store HVAC Service Storage Facility Bar & Pub Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kasota
    County
    Le Sueur
    State
    Minnesota
    Longitude
    -93.972437
    Latitude
    44.28921

    Nearby Similar for Sale

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    • $325,000
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      2,400 SF industrial storage unit ideal for warehouse use.
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      Prime Kasota Warehouse - $350K

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    FAQs

    What type of property is this?
    Manufacturing property - 89,000 SF industrial building with rail access and expansion potential.
    Where is this manufacturing property located?
    The property is located at 400 W Cherry St Kasota, MN.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: - Assumable 4% Loan: Benefit from a highly attractive assumable loan.; - Signed NNN Lease with National Tenant: Secure a stable income stream with a signed lease to a national credit tenant starting May 2025.; - Prime Location: Strategically located between Mankato and St. Peter with easy access to Highway 169.
    (218) 260-7504
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    400 W Cherry St Kasota, MN 56050
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    Kasota, MN 56050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 W Cherry St Kasota, MN 56050
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