Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    108 Minnesota Ave Saint Peter, MN 56082

    Sponsored
    For Lease
    $12 SF/Yr ($16,717 /Mo)

    Prime Office Suites, Newly Renovated

    Lot size:
    16,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, 16,717 square foot building offers a diverse range of office spaces for lease in the heart of downtown St. Peter. Recently renovated in 2024, this Class B property boasts a prime location along Highway 169, ensuring high visibility and accessibility. The building features 10 suites, ranging from a minimum of 128 square feet to a maximum contiguous space of 1,800 square feet, providing flexibility for various business needs. Currently, the building houses a mix of established tenants including Paddlefish Brewing Company, KW Realty, Vet Pharmacy, and Great Wall restaurant, creating a vibrant and collaborative atmosphere. The building includes ample parking with 60 spaces and a single elevator for convenient access to all three floors. A total of 2,200 square feet is currently available for lease. Utilities and common area maintenance (CAM) expenses are included in the base lease rate, simplifying budgeting and streamlining operations. Lease rates are negotiable and will depend on the specific suite size and tenant build-out requirements. This is a unique opportunity to secure office space in a newly renovated building with excellent visibility and a strong tenant mix. Don't miss the chance to be part of this exciting downtown St. Peter development.

    Property Features for 108 Minnesota Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,717 SF
    Class
    B
    Total Rate
    16717

    Building Details

    Year Built/Renovated
    1944/2024
    Stories
    3

    Unit(s) available at that property

    Space
    Main level Suite
    Size
    1,800 SF
    Rate per SF
    $28,800
    Space
    Upper Level Suites
    Size
    510 SF
    Rate per SF
    $16

    HighLights

    • Retail and office space available for lease in a newly renovated building.
    • 16,717 total square feet, with suites ranging from 128 to 1,800 contiguous square feet.
    • Currently 2,200 square feet of vacant space available in a multi‑tenant building with 10 total suites.
    • Class B building, 3 stories, built in 1944 and renovated in 2024.
    • 60 parking spaces and one elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Milavetz Injury Law, ... Personal Injury Attorney Jaxson Witty-Keller Williams ... Real Estate Agent Peters Business Forms Office Supply Store Lauren Dickie Psychologist Kara Kocmick Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peter
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.9564008
    Latitude
    44.3258228

    Nearby Comparable

    • $10 SF/Yr
      4,000 SF

      New Construction Flex Space Available

      New flex space with overhead door and possible dock.
      600 Industrial St, St Peter, MN
      View Details
    • $8 SF/Yr
      6,000 SF

      New Flex Space Available

      New flex space with docks, parking, and outside storage.
      604 Industrial St, St Peter, MN
      View Details
    • $10 SF/Yr
      4,000 SF

      Redevelopment Retail Property For Rent

      4000 SF redevelopment retail property with customization options.
      151 W St Julien St, St Peter, MN
      View Details
    • $8 SF/Yr
      4,000 SF

      Industrial Flex Space For Rent

      New flex and warehouse space with outside storage available.
      602 Industrial St, St Peter, MN
      View Details
    • $8 SF/Yr
      10,000 SF

      New Flex Space Available

      New flex space with docks, parking, and outside storage.
      601 Industrial St, St Peter, MN
      View Details
    • $850 /Mo
      11,470 SF

      Renovated Retail Space on Minnesota

      Newly renovated retail/office spaces in the heart of downtown St. Peter.
      208 South Minnesota Ave, Saint Peter, MN 56082
      View Details
    • Contact for pricing
      480 SF

      Renovated Commercial Spaces For Lease

      Recently renovated commercial spaces with street frontage and parking.
      208-212 S Minnesota Ave, St Peter, MN 56082
      View Details
    • $17 SF/Yr
      5,520 SF

      Arts Center Office Suites for Lease

      Prime Downtown St. Peter Office Space
      315 Minnesota Ave, Saint Peter, MN 56082
      View Details
    • Contact for pricing
      11,256 SF

      St. Peter Executive Office Space

      Prime Office Space, 1,431 SF Available
      622 Sunrise Dr, Saint Peter, MN 56082
      View Details
    • Contact for pricing

      Shovel-Ready Lot with Hoop Shed

      Accessible lot with outdoor storage and a hoop building.
      1716 N 3Rd St, St Peter, MN 56082
      View Details
    • $8 SF/Yr
      10,000 SF

      Kasota Flex Space For Rent

      10,000 SF flex space available for lease.
      Industrial St & Hl St E, Kasota, MN
      View Details
    • Contact for pricing
      309,507 SF

      Mankato Industrial Space For Lease

      Industrial space with tall ceilings, multiple doors, and loading docks.
      2415 3Rd Ave, Mankato, MN 56001
      View Details

    Nearby Similar for Lease

    • $850 /Mo
      11,470 SF

      Renovated Retail Space on Minnesota

      Newly renovated retail/office spaces in the heart of downtown St. Peter.
      208 South Minnesota Ave, Saint Peter, MN 56082
      View Details
    • Contact for pricing
      11,256 SF

      St. Peter Executive Office Space

      Prime Office Space, 1,431 SF Available
      622 Sunrise Dr, Saint Peter, MN 56082
      View Details
    • Contact for pricing
      480 SF

      Renovated Commercial Spaces For Lease

      Recently renovated commercial spaces with street frontage and parking.
      208-212 S Minnesota Ave, St Peter, MN 56082
      View Details
    • $10 SF/Yr
      4,000 SF

      Redevelopment Retail Property For Rent

      4000 SF redevelopment retail property with customization options.
      151 W St Julien St, St Peter, MN
      View Details
    • $10 SF/Yr
      4,000 SF

      New Construction Flex Space Available

      New flex space with overhead door and possible dock.
      600 Industrial St, St Peter, MN
      View Details
    • $8 SF/Yr
      4,000 SF

      Industrial Flex Space For Rent

      New flex and warehouse space with outside storage available.
      602 Industrial St, St Peter, MN
      View Details
    • $8 SF/Yr
      6,000 SF

      New Flex Space Available

      New flex space with docks, parking, and outside storage.
      604 Industrial St, St Peter, MN
      View Details
    • $8 SF/Yr
      10,000 SF

      New Flex Space Available

      New flex space with docks, parking, and outside storage.
      601 Industrial St, St Peter, MN
      View Details

    FAQs

    What type of property is this?
    Office space - Prime Office Suites, Newly Renovated
    Where is this office space located?
    The property is located at 108 Minnesota Ave Saint Peter, MN.
    What is the lease rate?
    The lease rate is $16-$28,800 SF/Yr.
    What are key features of this property?
    This property features: Retail and office space available for lease in a newly renovated building.; 16,717 total square feet, with suites ranging from 128 to 1,800 contiguous square feet.; Currently 2,200 square feet of vacant space available in a multi-tenant building with 10 total suites.
    Request Owner's contact information
    108 Minnesota Ave Saint Peter, MN 56082
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    108 Minnesota Ave
    Saint Peter, MN 56082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 Minnesota Ave Saint Peter, MN 56082
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.