300 Nichols St Saint Peter, MN 56082-1712
- Warehouses
- 4,000 SF
- 0.05 lot acres
Current Use by Public Records
- St. Peter Storage / Storage Facility / Self-Storage Facility
Property Details for 300 Nichols St
- Year built
- 1996
- Construction
- FRAME
- Lot size
- 0.05 lot acres
- Property size
- 4,000 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Peter
- County
- Nicollet
- State
- Minnesota
- Longitude
- -93.9534
- Latitude
- 44.3441
- CBSA code
- 31860
- CBSA name
- MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA
