Street Retail and Upper-Floor
For Sale
$1,044,000
205-207 S Minnesota Ave, Saint Peter, MN 56082
Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.
Property Size20,340 SF
Price / SF$167.31
Days on Market69
Property Features for 205-207 S Minnesota Ave
General Information
Standard status
Active
Size
20,340 SF
Property subtype
Retail
Zoning
CBD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
20,340 SF
Year Built
1888
Tenancy
Multi
Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #MN #40137517
(507) 380-7340
Source:
Naiglobal
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 9 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI North Star
Investment Insights
Based on property information with market context.
This former Ace Hardware building offers approximately 6,240 SF of street retail space configured for multiple tenants. The layout includes flexible open-span areas, good ceiling heights, and prominent storefront glazing designed to support both product display and customer-facing service concepts. The property also includes four residential apartments on the upper floor, creating a built-in income component for an owner-user or investor.
The asset is located along U.S. Highway 169 in Saint Peter, Minnesota, providing strong regional visibility within the established downtown/169 corridor trade area. The CBD-zoned lot supports a variety of uses, and the building provides on-site parking to serve customers and residents. End-cap signage opportunities and direct highway exposure further enhance storefront presence.
With its retail-forward configuration and visibility, the property is well suited for a range of owner-user and investment strategies. Potential users may include retail, showroom, fitness, medical, or service-oriented businesses that benefit from adaptable open spaces and strong storefront presentation. Investors should also consider the residential apartments as an additional revenue stream tied to a centrally positioned mixed-use asset.
The asset is located along U.S. Highway 169 in Saint Peter, Minnesota, providing strong regional visibility within the established downtown/169 corridor trade area. The CBD-zoned lot supports a variety of uses, and the building provides on-site parking to serve customers and residents. End-cap signage opportunities and direct highway exposure further enhance storefront presence.
With its retail-forward configuration and visibility, the property is well suited for a range of owner-user and investment strategies. Potential users may include retail, showroom, fitness, medical, or service-oriented businesses that benefit from adaptable open spaces and strong storefront presentation. Investors should also consider the residential apartments as an additional revenue stream tied to a centrally positioned mixed-use asset.
Key Highlights
- Former Ace Hardware building built in 1888 with approx. 6,240 SF of street retail space along U.S. Highway 169
- Street‑facing retail features prominent storefront glazing, flexible open‑span areas, and good ceiling heights
- CBD‑zoned property configured for multiple tenants with end‑cap signage opportunities and direct U.S. Highway 169 exposure
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Dining 30%
Shops & Services 25%
Apparel 2%
Family Fresh Market
Groceries
19,131 visits/mo
0.2 miles
Dunkin' Donuts
Dining
7,594 visits/mo
0.5 miles
BP
Shops & Services
5,533 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,884 visits/mo
0.1 miles
Erbert & Gerbert's
Dining
3,025 visits/mo
0.1 miles
Demographics for 56082, MN
14,507
Population
5,149
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
117
Density / Sq Mi
$72,332
Median Household Income
$30,904
Median Earnings
$952
Median Rent
$263,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Sweet Alice — 214 S Minnesota Ave, St Peter, MN 56082
Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.
Where is this storefront property located?
The property is located at 205-207 S Minnesota Ave Saint Peter, MN.
What is the asking price?
The asking price for this property is $1,044,000.
What are key features of this property?
This property features: Former Ace Hardware building built in 1888 with approx. 6,240 SF of street retail space along U.S. Highway 169; Street‑facing retail features prominent storefront glazing, flexible open‑span areas, and good ceiling heights; CBD‑zoned property configured for multiple tenants with end‑cap signage opportunities and direct U.S. Highway 169 exposure
