Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    305 Minnesota Ave Saint Peter, MN 56082-2548

    • Retail residential properties
    • 7,528 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Jul 22, 2022
    $270,000
    Location Intelligence
    Property ID
    US46-2083553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Poshinate Kiddos / Toy Store / Baby Store

    Property Details for 305 Minnesota Ave

    Year built
    1948
    Lot size
    0.12 lot acres
    Property size
    7,528 SF
    Property type
    Retail residential properties
    APN
    19.412.5670
    APU
    194125670

    Description

    This exceptional 3,780 square foot retail space, located at 305 S Minnesota Ave in St. Peter, MN 56082, presents a remarkable opportunity. Situated on a 0.12-acre lot in the Golden Rectangle Central Business District, this two-story building boasts a vibrant, modern interior and exterior, completely renovated in 2020. Originally constructed in 1963, the property features large windows providing excellent natural light, new flooring, doors, hardware, and an updated entryway. The customizable layout is ideal for a variety of businesses, benefiting from high visibility due to its shared entrance with a neighboring business and proximity to RiverRock coffee. This high-traffic location on South Minnesota Avenue (US Highway 169) offers consistent foot traffic and exposure to a large volume of vehicles traveling at 30 mph with frequent stoplights. The space is surrounded by complementary businesses, including coffee shops, boutiques, and restaurants, creating a thriving retail environment. The property includes a private bathroom and reserved parking. The lease is a modified gross lease

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $330,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $265,000
      Mixed-Use
      $275,000
      Hospitality
      $315,000
      Educational
      $270,000
      Residential Income
      $310,000
      Energy
      $275,000
      Income-Based Land
      $355,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peter
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.957
    Latitude
    44.3237
    CBSA code
    31860
    CBSA name
    MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,640
    $75,600
    $313,100
    $388,700
    -
    $75,600
    $313,100
    $388,700

    Comparable in this City

    • Value Estimation
      $235,000
      5,760 SF

      319 Minnesota Ave

      STORES & APARTMENTS • 5,760 SF
      319 Minnesota Ave, Saint Peter, MN 56082-2523
      View Details
    • Value Estimation
      $215,000
      2,648 SF

      422 Minnesota Ave

      STORES & APARTMENTS • 2,648 SF
      422 Minnesota Ave, Saint Peter, MN 56082-2506
      View Details
    • Value Estimation
      $245,000
      3,509 SF

      101 Minnesota Ave

      STORES & APARTMENTS • 3,509 SF
      101 Minnesota Ave, Saint Peter, MN 56082-2515
      View Details
    • Value Estimation by Request
      1,808 SF

      221 Park Row

      STORES & APARTMENTS • 1,808 SF
      221 Park Row, Saint Peter, MN 56082-2073
      View Details
    • Value Estimation
      $395,000
      3,857 SF

      229 Broadway Ave

      STORES & APARTMENTS • 3,857 SF
      229 Broadway Ave, Saint Peter, MN 56082-2035
      View Details
    • Value Estimation by Request
      14,592 SF

      220 Broadway Ave

      STORES & APARTMENTS • 14,592 SF
      220 Broadway Ave, Saint Peter, MN 56082-2036
      View Details

    Similar Nearby for Sale

    • $6,650,000
      32,000 SF

      Highway Retail Investment Opportunity

      Mixed-use property in high-traffic St. Peter, MN.
      418 S Minnesota Ave, St Peter, MN 56082
      View Details
    • $245,000
      2,508 SF

      St. Peter Townhome with Rental License

      Four-bedroom townhome with new paint and flooring, active rental license.
      1850 Macintosh Ct, St Peter, MN 56082
      View Details
    • $300,000

      Saint Peter Development Opportunity

      Land parcel suitable for land and industrial projects.
      1303 Old Minnesota Ave, St Peter, MN 56082
      View Details
    • New
      $219,900
      21.30 Acres

      Residential Land with Wooded Hillside

      21+ acre building site between St. Peter and Mankato.
      458Th Ln, St Peter, MN 56082
      View Details
    • $224,900
      10.00 Acres

      10 Acre Parcel For Sale

      10 acre parcel, eligible for building site in Belgrade.
      391St Ln, Saint Peter, MN 56082
      View Details
    • $59,900
      0.41 Acres

      Residential Lot in Prairie Heights

      Residential lot available in the Prairie Heights Subdivision.
      1628 Riverview Rd, St Peter, MN 56082
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      16,717 SF

      Downtown St. Peter Office Space

      Prime Office Suites, Newly Renovated
      108 Minnesota Ave, Saint Peter, MN 56082
      View Details
    • $850 /Mo
      11,470 SF

      Renovated Retail Space on Minnesota

      Newly renovated retail/office spaces in the heart of downtown St. Peter.
      208 South Minnesota Ave, Saint Peter, MN 56082
      View Details
    • Contact for pricing
      480 SF

      Renovated Commercial Spaces For Lease

      Recently renovated commercial spaces with street frontage and parking.
      208-212 S Minnesota Ave, St Peter, MN 56082
      View Details
    • Contact for pricing

      Shovel-Ready Lot with Hoop Shed

      Accessible lot with outdoor storage and a hoop building.
      1716 N 3Rd St, St Peter, MN 56082
      View Details
    • Contact for pricing
      11,256 SF

      St. Peter Executive Office Space

      Prime Office Space, 1,431 SF Available
      622 Sunrise Dr, Saint Peter, MN 56082
      View Details
    • $17 SF/Yr
      5,520 SF

      Arts Center Office Suites for Lease

      Prime Downtown St. Peter Office Space
      315 Minnesota Ave, Saint Peter, MN 56082
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    305 Minnesota Ave
    Saint Peter, MN 56082-2548
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.