Property profile

1505 Old Minnesota Ave Saint Peter, MN 56082

OFF-MARKET
Retail properties & Spaces
4,288 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 4,288 square foot Class B restaurant building, formerly a KFC franchise, is available for $495,000 ($115.44/sq ft). Located at 1505 Old Minnesota Ave in St. Peter, MN (zip code 56082), this vacant property boasts a highly visible corner lot with 330 feet of frontage on Highway 169, experiencing over 20,500 vehicles per day. The building features high-level electrical technology and remaining non-franchise equipment. A large "L"-shaped parking lot provides ample space for employees and customers. The property is situated in a new development area on the north approach to St. Peter, near a recently constructed national franchise hotel and a HyVee grocery store. This is a triple net (NNN) lease opportunity in a prime location, ideal for a restaurant, sports bar, or other retail use. The seller is offering this property at a price below the cost of land development alone, making it an exceptional investment opportunity in a strong opportunity zone. The property is being sold as-is per the red line site plan. This is a must-see property for any investor seeking a high-traffic, highly visible location in a growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,288 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1505 Old Minnesota Ave Saint Peter, MN 56082
Saint Peter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1505 Old Minnesota Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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