For Sale
$1,899,000

122 Minnesota AveSaint Peter, MN 56082

Historic Mixed-Use Investment Opportunity

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
103
This iconic Saint Peter, MN, mixed-use building, originally constructed in 1872 as a hotel, presents a compelling investment opportunity. The 24,540 square foot property boasts a blend of commercial and residential space, including 25 units. The main and lower levels house long-term commercial tenants, while the upper floors feature apartments with updated kitchens and bathrooms, and tall ceilings. Four additional row houses, each with unique layouts (two 1-bedroom, 1-bathroom

Highlights

  • Assumable loan available.
  • Iconic downtown Saint Peter mixed-use building, originally constructed in 1872.
  • Features main and lower level commercial space, three-story row houses, and second and third-floor apartments; totaling over 24,000 square feet.
  • Substantially renovated post-1998 tornado, including roof, windows, elevator, tuckpointing, and metal coping.
  • Long-term commercial tenants on main and lower levels.
  • Second and third-floor apartments boast high ceilings, updated kitchens, and bathrooms.

Property Details for 122 Minnesota Ave

Property type
Other retail properties, Multifamily properties
Square Feet
24,540 SF
Class
C
Year Built/Renovated
1872/2000
Buildings
1
Stories
4
Lot Size (sq. ft)
10,454 SF
Units
25

Location Insight

City
Saint Peter
County
Nicollet
State
Minnesota
Latitude
44.32499386
Longitude
-93.95650615
122 Minnesota Ave, Saint Peter, Minnesota
+−
Leaflet | © OpenStreetMap contributors

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Contacts

Nathan Opatz
Nathan Opatz
Visit Broker Website

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122 Minnesota Ave, Saint Peter, Minnesota, 56082

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

122 Minnesota Ave
  • Nathan Opatz
    Nathan Opatz
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