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418 S Minnesota Ave St Peter, MN 56082

For Sale
$6,650,000

Mixed-use property in high-traffic St. Peter, MN.

Property size:
32,000 SF

Property Features for 418 S Minnesota Ave

General Information

Size
32,000 SF

Building Details

Year built
2022

Source: David Schooff Agent David Schooff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Highway Retail Investment Opportunity

This mixed-use property is located along Highway 169 in downtown St. Peter, Minnesota, approximately one hour south of the Twin Cities and ten minutes north of Mankato. Situated within a mixed-use development completed in 2022-2023, the property features highway retail frontage. Minnesota Avenue (Highway 169) serves as a major connection from Iowa to the Twin Cities, with daily traffic counts exceeding 30,000. The property offers an owner/user opportunity, if desired. The property has 32,000 square feet and a net operating income (NOI) of $450,000. The property is currently at 100% occupancy with a seller leaseback.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Eckman Mall, Four Seasons Mall

Location Insight

  • Map
  • Local Demand
City
St Peter
County
Nicollet
State
Minnesota
Longitude
-93.95335
Latitude
44.3293

FAQs

What type of property is this?
Shopping center - Mixed-use property in high-traffic St. Peter, MN.
Where is this shopping center located?
The property is located at 418 S Minnesota Ave St Peter, MN.
What is the asking price?
The asking price for this property is $6,650,000.
What are key features of this property?
This property features: - High Traffic Location: Over 30,000 vehicles daily on Highway 169.; - Strong Income: Net Operating Income (NOI) of $450,000.00.; - 100% Occupancy with Seller Leaseback.
More about this property
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