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    315 Minnesota Ave Saint Peter, MN 56082

    Sponsored
    For Lease
    $17 SF/Yr ($7,838 /Mo)

    Prime Downtown St. Peter Office Space

    Lot size:
    5,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property offers three private office suites for lease, located on the second floor of the Arts Center of St. Peter building. The total building size is 5,520 square feet, encompassing three suites in total, situated on a 0.19-acre lot. Each suite provides a unique workspace ranging from 284 to 400 square feet, perfect for small businesses or individual professionals. The building is classified as Class B and features a multi-tenant occupancy. The property boasts a highly desirable downtown St. Peter location, surrounded by a vibrant mix of coffee shops, boutiques, and restaurants, offering convenient access to local amenities. This is a gross lease opportunity with negotiable terms, providing flexibility to tailor the lease agreement to your specific requirements. The Arts Center setting offers a creative and inspiring work environment, unlike any other. This is an excellent opportunity to establish your business in a thriving downtown location within a unique and artistic building. The property is ready for immediate occupancy. Lease terms are flexible and negotiable.

    Property Features for 315 Minnesota Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,520 SF
    Class
    B
    Total Rate
    7838.4

    Unit(s) available at that property

    Space
    Suite 1
    Size
    284 SF
    Rate per SF
    $17
    Space
    Suite 3
    Size
    400 SF
    Rate per SF
    $17
    Space
    Suite 2
    Size
    336 SF
    Rate per SF
    $18

    HighLights

    • 5,520 square foot office and land property.
    • Three suites available for lease, ranging from 284 to 400 square feet.
    • Located in downtown St. Peter, offering a vibrant, amenity‑rich environment.
    • Gross lease terms are negotiable.
    • Class B building.
    • 0.19‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arts Center of Saint ... Art Center

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peter
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.9573421
    Latitude
    44.3235138

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    Nearby Similar for Lease

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      Recently renovated commercial spaces with street frontage and parking.
      208-212 S Minnesota Ave, St Peter, MN 56082
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      4000 SF redevelopment retail property with customization options.
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      New Flex Space Available

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    FAQs

    What type of property is this?
    Land - Prime Downtown St. Peter Office Space
    Where is this land located?
    The property is located at 315 Minnesota Ave Saint Peter, MN.
    What is the lease rate?
    The lease rate is $17-$18 SF/Yr.
    What are key features of this property?
    This property features: 5,520 square foot office and land property.; Three suites available for lease, ranging from 284 to 400 square feet.; Located in downtown St. Peter, offering a vibrant, amenity-rich environment.
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    Saint Peter, MN 56082
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    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
    315 Minnesota Ave Saint Peter, MN 56082
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