315 Minnesota Ave, Saint Peter, MN 56082-2523
This exceptional commercial property offers three private office suites for lease, located on the second floor of the Arts Center of St. Peter building. The total building size is 5,520 square feet, encompassing three suites in total, situated on a 0.19-acre lot. Each suite provides a unique workspace ranging from 284 to 400 square feet, perfect for small businesses or individual professionals. The building is classified as Class B and features a multi-tenant occupancy. The property boasts a highly desirable downtown St. Peter location, surrounded by a vibrant mix of coffee shops, boutiques, and restaurants, offering convenient access to local amenities. This is a gross lease opportunity with negotiable terms, providing flexibility to tailor the lease agreement to your specific requirements. The Arts Center setting offers a creative and inspiring work environment, unlike any other. This is an excellent opportunity to establish your business in a thriving downtown location within a unique and artistic building. The property is ready for immediate occupancy. Lease terms are flexible and negotiable.
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Arts Center of Saint Peter Theater & Performing Art Venue
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
No recorded transactions found for this property.
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.