125 Minnesota AveSaint Peter, MN 56082

For Lease
$17.04/SF/YR

Prime Retail & Apartment Investment

Overview

Added:
Dec 11, 2024
Days on market:
91
This mixed-use property at 125 S Minnesota Ave in St. Peter, MN, presents a unique investment opportunity. The 3,540 square foot building sits on a 0.17-acre lot and features a blend of commercial and residential space. Currently, there are two retail spaces and four apartments. A significant portion of the building, 1,350 square feet, is currently vacant, offering immediate potential for lease income or owner-occupancy. The single-tenant retail space provides flexibility for a variety of businesses. The existing apartment units contribute to a steady rental income stream. The property's location in downtown St. Peter, MN, 56082, provides excellent visibility and accessibility. This is an ideal opportunity for an investor seeking a diversified portfolio with both commercial and residential income streams. The property's size and layout offer considerable potential for future development or expansion. The combination of retail and residential units creates a balanced and potentially lucrative investment. The vacant retail space presents a chance to customize the property to suit a specific tenant's needs, maximizing rental income. This property is a strong contender for investors looking for a well-located, mixed-use asset in a thriving Minnesota community. The existing infrastructure and established tenant base provide a solid foundation for future growth and profitability.

Highlights

  • Mixed-use property totaling 3,540 square feet on a 0.17-acre lot in downtown St. Peter, MN.
  • Features two retail spaces and four apartments, with 1,350 square feet of vacant space.
  • Offers a blend of commercial and residential income streams.
  • Excellent visibility and accessibility in a thriving downtown location.
  • Significant potential for future development or expansion.

Unit(s) available at that property

Space
Available Space
Size
1,350 SF
Rate per SF
$17.04

Location Insight

City
Saint Peter
County
Nicollet
State
Minnesota
Latitude
44.3249825
Longitude
-93.9561101
125 Minnesota Ave, Saint Peter, Minnesota

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125 Minnesota Ave
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