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    622 Sunrise Dr Saint Peter, MN 56082

    Sponsored
    For Sale
    Contact for pricing

    Multi-tenant office building, prime location.

    Property size:
    11,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 11,256 square foot, multi-tenant office building in Saint Peter, Minnesota. The Class B property, built in 1975, sits on a substantial 152,454 square foot lot and features five individual units currently occupied by a diverse mix of tenants including a daycare, cultural center, and H&R Block. The gross lease structure provides a stable income stream, further enhanced by the presence of long-term tenants. The property boasts ample off-street parking, a significant advantage in this desirable neighborhood setting. Its hilltop location offers a quiet and professional atmosphere, complemented by the proximity to key community assets such as Gustavus Adolphus College, Saint Peter High School, and the newly constructed Saint Peter Fire Department. The expansive lot provides room for potential expansion or outdoor amenity development. This property offers a compelling blend of established tenancy, convenient location, and growth potential, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a thriving community. The address is 622 Sunrise Dr, Saint Peter, MN 56082.

    Property Features for 622 Sunrise Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,256 SF
    Class
    B
    Lot Size
    6,640,896,240 SF

    Building Details

    Year Built
    1975
    Units
    5

    HighLights

    • Expansion potential and ample outdoor space.
    • Stable, long‑term tenant occupancy.
    • Net‑leased investment opportunity.
    • Desirable, quiet neighborhood location.
    • Extensive on‑site parking.
    • Outdoor space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sam & Abes Child ... Day Care Center Sheila E. Anderson, ... Nurse Practitioner Dr. Mohammad J. ... Doctor Hikmah Non-Profit Organization Kevin Hardesty Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peter
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.9702601
    Latitude
    44.3336469

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    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office building, prime location.
    Where is this office property / space located?
    The property is located at 622 Sunrise Dr Saint Peter, MN.
    What are key features of this property?
    This property features: Expansion potential and ample outdoor space.; Stable, long-term tenant occupancy.; Net-leased investment opportunity.
    (507) 380-7340
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    622 Sunrise Dr 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
    622 Sunrise Dr Saint Peter, MN 56082
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