1505 Old Minnesota AveSaint Peter, MN 56082

For Sale
$495,000

Prime KFC location, vacant, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
93
This 4,288 square foot Class B restaurant building, formerly a KFC franchise, is available for $495,000 ($115.44/sq ft). Located at 1505 Old Minnesota Ave in St. Peter, MN (zip code 56082), this vacant property boasts a highly visible corner lot with 330 feet of frontage on Highway 169, experiencing over 20,500 vehicles per day. The building features high-level electrical technology and remaining non-franchise equipment. A large "L"-shaped parking lot provides ample space for employees and customers. The property is situated in a new development area on the north approach to St. Peter, near a recently constructed national franchise hotel and a HyVee grocery store. This is a triple net (NNN) lease opportunity in a prime location, ideal for a restaurant, sports bar, or other retail use. The seller is offering this property at a price below the cost of land development alone, making it an exceptional investment opportunity in a strong opportunity zone. The property is being sold as-is per the red line site plan. This is a must-see property for any investor seeking a high-traffic, highly visible location in a growing area.

Highlights

  • New price reduction on this 4,288 SF Class B restaurant building.
  • High visibility from US Hwy 169, with over 20,500 VPD.
  • Ample paved parking on both sides of the building.
  • High-tech building with upgraded electrical and remaining equipment.

Property Details for 1505 Old Minnesota Ave

Property type
Other retail properties, Restaurants
Square Feet
4,288 SF
Class
B

Location Insight

City
Saint Peter
County
Nicollet
State
Minnesota
Latitude
44.3452612
Longitude
-93.951222
1505 Old Minnesota Ave, Saint Peter, Minnesota

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1505 Old Minnesota Ave
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