300 Nichols StSaint Peter, MN 56082

Property Details for 300 Nichols St

Year built

1996

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

4,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

19.705.0110

APU

197050110

Description

This exceptional investment opportunity presents a 31,184 square foot warehouse in Saint Peter, Minnesota, featuring 137 units within a 2.32-acre lot (APN 19.705.0110). Zoned I-2 General Industrial, the property boasts 13' 8" ceilings and offers 24/7 accessibility, enhancing its appeal to a diverse tenant base. The facility is equipped with comprehensive camera security, providing peace of mind for tenants and maximizing its value. Located at 300 W Nichols St, Saint Peter, MN 56082, this property benefits from a prime location in a growing area, catering to both residential and commercial storage needs. Units are double secured and feature larger-than-standard sizes, maximizing storage volume and attracting tenants with significant storage requirements. The property's strategic location and robust security features contribute to high tenant retention and strong income potential. This well-maintained facility presents a compelling investment opportunity with significant upside potential and room for expansion, making it an attractive addition to any portfolio. The property's accessibility and security features make it a standout choice for tenants, further enhancing its investment value.

• Alternative Use

  Use

  Valuation

  Residential

  $753,665

  Hospitality

  $690,353

  Educational

  $574,366

  Medical

  $594,119

  Retail

  $893,458

Location Insight

City

Saint Peter

County

Nicollet

State

Minnesota

Latitude

44.3441

Longitude

-93.9534

CBSA code

31860

CBSA name

MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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