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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 7039815
Style Other (explain in rmks)
Year Built 1950
Annual Tax Amount $30,202
Tax Year 2026
Property Sub-Type Commercial
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.
Location
State MN
County Blue Earth County
Area Mankato Central
Direction S
Interior
Heating Space/Wall Heater
Exterior
Exterior Feature Brick, Stucco
Building
Foundation 16848
Sewer City
Water City
Structure Type Other (explain in rmks)
Schools
School District Mankato #77
Others
Energy Description Natural Gas
Listed by LANDMARK REAL ESTATE
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