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Property profile

208 Minnesota Ave Saint Peter, MN 56082

OFF-MARKET
Retail properties & Spaces
11,470 SF Built 1900
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 11,470 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

208 Minnesota Ave Saint Peter, MN 56082
Saint Peter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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