108 S Minnesota Ave St Peter, MN 56082
For Lease
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This exceptional three-story, 16,717 square foot building offers a diverse range of office spaces for lease in the heart of downtown St. Peter. Recently renovated in 2024, this Class B property boasts a prime location along Highway 169, ensuring high visibility and accessibility. The building features 10 suites, ranging from a minimum of 128 square feet to a maximum contiguous space of 1,800 square feet, providing flexibility for various business needs. Currently, the building houses a mix of established tenants including Paddlefish Brewing Company, KW Realty, Vet Pharmacy, and Great Wall restaurant, creating a vibrant and collaborative atmosphere. The building includes ample parking with 60 spaces and a single elevator for convenient access to all three floors. A total of 2,200 square feet is currently available for lease. Utilities and common area maintenance (CAM) expenses are included in the base lease rate, simplifying budgeting and streamlining operations. Lease rates are negotiable and will depend on the specific suite size and tenant build-out requirements. This is a unique opportunity to secure office space in a newly renovated building with excellent visibility and a strong tenant mix. Don't miss the chance to be part of this exciting downtown St. Peter development.
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Milavetz Injury Law, P.A. Law Firm
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Jaxson Witty-Keller Williams Preferred Realty Real Estate Agency
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Peters Business Forms (Bike/Boat/Book/etc) Store
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Lauren Dickie Physician Medical Clinic
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Kara Kocmick Foster Care Service Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.