400 W Cherry St Kasota, MN
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89,000 SF industrial building with rail access and expansion potential.
Type:INDUSTRIAL
Property size:
89,000 SFLot size:
10.58 AcresPrice / SF:
$61/SF- Added:
- Dec 4, 2024
- Days on Market:
- 507
- Last Refresh:
- Apr 5 at 8:15 pm
Property Features for 400 W Cherry St
General Information
- Standard status
- Active
- Size
- 89,000 SF
- Lot size
- 10.58 Acres
- Property subtype
- INDUSTRIAL
Listing agent Tony Rossato (218) 260-7504
Listing office The Terrace Group (218) 260-7504
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
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 & Storage
Senneca Holdings
Industrial Manufacturer
Location Insight
- Map
- Local Demand
- City
- Kasota
- County
- Le Sueur
- State
- Minnesota
- Longitude
- -93.9724
- Latitude
- 44.2892
Nearby Similar for Sale
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.
