Listed By
Agency Name: Landmark Realtors, LLC
Agency Phone: 507-345-1599
Shown By
Agency Title: Counselor Realty
Agency Phone:
Property Description
Cherry Square is an apartment complex on the corner of 2nd St. and Cherry St. formerly known as the Inn Towne Motel in the downtown Mankato bar district. It was built in 1950. This 38 unit- 3 story complex is built of pre-stressed concrete and brick. Parking is on the main level under the square shaped building which is elevated on columns. The apartments, consisting of 8 two bedroom units and 30 one bedroom units, went through a total remodel in 2022 and early 2023. The occupancy rate is currently at 100%. There is ample parking on the property for all residents.Building #2 (121 E Cherry St) is a commercial building consisting of 12,663SF which is leased to Menari Body Works. The elevator is shared with the apartment building and the commercial building. Building #3 (117 E Cherry St) is a two story 2,904 SF brick building that has two apartments that are each 4 bedrooms.
Property Features
Feature Descriptions
Local Schools
500 S 2nd Street, Mankato, MN 56001
An agent will get in touch to confirm your request shortly.
Near By
Demographics
500 S 2nd Street, Mankato, MN 56001
Send an email with a link to
500 S 2nd Street, Mankato, MN 56001.
Select a format below, new window will open and will prompt you to print.
500 S 2nd Street | MLS# 7038261
This commercial property located at 500 S 2nd Street, Mankato, MN 56001 is currently listed for sale with an asking price of $5,750,000. S 2nd Street is located within the Mankato school district. Search Mankato real estate on www.counselorrealty.com today.