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    OFF-MARKET
    Office buildings

    315 Minnesota Ave, Saint Peter, MN 56082-2523

    5,520 SF 0.19 ac lot Built 1941
    Entity Owned Free & Clear
    Property ID
    US46-2623398
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1941
    Total area 5,520 SF
    Lot 0.19 ac (8,370 SF)
    APN 19.412.5700
    UPID US46-2623398
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arts Center of Saint Peter Theater & Performing Art Venue
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    ARTS & HERITAGE COUNCIL INC
    ARTS & HERITAGE COUNCIL INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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