305 Minnesota Ave Saint Peter, MN 56082-2548
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
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Poshinate Kiddos (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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
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