Financial
Distress signals
Property profile

224 Minnesota Ave Saint Peter, MN 56082

OFF-MARKET
Turn key restaurants
Property ID
US46-2039312
6,005 SF 0.08 ac lot Built 1890
Last sale Jan 2026 · $600,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This fully occupied, mixed-use property in Saint Peter, Minnesota presents a compelling investment opportunity. The 9,456 square foot building, constructed in 1887 and renovated in 1998, boasts a unique blend of commercial and residential space. The property features two large main floor retail units, one of which is occupied by a long-term franchisee tenant, Erberts & Gerberts. The second floor comprises two oversized loft-style apartments with high ceilings. A long-term tenant occupies…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$398k
Assessed land$65k
Assessed improvement$333k
Effective rate2.39%

Value estimate

· Sep 2026
$270k
$243k – $297k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNICOLLET

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.8
HVAC Service10.6
Nail Salon9.7

Location

224 Minnesota Ave Saint Peter, MN 56082-2522
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
119 Broadway, Saint Peter, MN 56082-2510 $475,000 Feb 2026 5,400 SF
221 Minnesota, Saint Peter, MN 56082 $461,500 Jul 2022 7,290 SF
1115 Minnesota, Saint Peter, MN 56082 $1,795,000 Dec 2020 5,153 SF
817 Minnesota, Saint Peter, MN 56082-2424 $300,000 May 2020 5,400 SF
220 Minnesota, Saint Peter, MN 56082-2522 $160,000 Oct 2019 6,664 SF
201 3rd, Saint Peter, MN 56082-2044 $350,000 Aug 2019 7,068 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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