500 S 2nd Street Mankato, MN 56001 Listing ID: 7038261
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. 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.
View MapPrimary Features
Blue Earth
Mankato
1950
76 yrs old
Commercial Sale
112x157x112x157
$30,202
Additional Features
Stone
16848.00
Natural Gas
Forced Air
City Sewer/Connected
Mankato
2026
Electric Separate
City Water/Connected
Business/Commercial
Includes
Building
Directions
From HWY 14, head south on South on Riverfront Dr. Continue until you reach the intersection of Riverfront and W Cherry St. Turn left onto Cherry St. Then turn right onto S 2nd St. Property is on the right.
Listing Agency
Listing courtesy of
Landmark Realtors, Llc
(507) 345-1599
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