400 W Cherry St

400 W Cherry St, Kasota, MN 56050

INDUSTRIAL For Sale

Floors: 2

Available Spaces

SpaceSizeTypePricing
Industrial Warehouse/Distribution for Sale SALE $5,495,000.00

Contact

Tony Rossato - The Terrace Group

PHONE: 2182607504

PHONE: 6516212507

Ben Bruno - The Terrace Group

PHONE: 6517300065

PHONE: 6516212563

Eric Dueholm - The Terrace Group

PHONE: 6123825210

PHONE: 6516212550

Description

Discover the exceptional opportunity at 400 Cherry Street West—a prime acquisition with a 4% assumable loan, and a clear span building with remarkable potential, perfectly positioned between Mankato and St. Peter. This facility boasts seven drive-ins, six docks—three of which were newly added in 2023—and nine overhead cranes spanning the entire building length. Currently, there is a signed lease starting in May 2025 to a national credit tenant with deep local roots on a NNN lease. Additionally, the site features direct rail access, enhancing its strategic appeal. Property Features • 89,000 total square foot building - 80,000 industrial and 9,000 office • 6 dock doors (3 with levelers); 7 drive-in doors; 28’ clear height • Outdoor storage • 10.58 acres - ample room for future expansion • Easy access to Highway 169 • Sale price $5,495,000 with a 4% assumable loan • 2023 taxes $38,752