400 W Cherry St, Kasota, MN

Listing agent Tony Rossato Show Phone

Listing office The Terrace Group Show Phone

Listing date Dec 4, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of The Terrace Group

Report an issue

---

Overview

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.

Suggested Use

Restaurant Real Estate Agency Building Supply Auto Repair Shop Gym & Fitness Center 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

-93.9724

Latitude

44.2892

Nearby Similar for Sale

• 

  $1,150,000

  5,456 SF

  Industrial Property with Existing Infrastructure

  Functional industrial property with customer base and manufacturing equipment.

  Squirrels Nest Rd, Kasota, MN

  View Details
• 

  $300,000

  2,400 SF

  Heated Storage Unit For Sale

  40x60 storage unit with water, heat, and private driveway.

  780 E Pearl St, Kasota, MN 56050

  View Details

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.