208 Minnesota Ave Saint Peter, MN 56082
This exceptional commercial property, located at 208 S Minnesota Ave in Saint Peter, Minnesota, offers a unique opportunity for businesses seeking executive office space. The building, constructed in 1900, boasts a total of 11,470 square feet, with 480 square feet currently available for lease. Situated in the heart of downtown Saint Peter, this location benefits from high visibility on Highway 169, experiencing a daily vehicle count of 19,845. The property features recently renovated spaces, designed to be built-to-suit, allowing tenants to customize their ideal workspace. Large front windows provide ample natural light, and a new building facade is underway, enhancing the property's curb appeal. Tenants will collaborate on the renovation process, ensuring the space perfectly meets their specific needs. Convenient parking is available both on the street (front and side) and in a rear lot. This prime location places businesses within easy reach of other downtown shops and activities, making it an ideal spot for attracting customers and employees. The property is classified as retail and office space, with multiple tenancies. Nicollet County is the location of this attractive commercial space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.