0 Old Minnesota Ave And Ritt StSaint Peter, MN 56082

This exceptional 2.73-acre commercial land parcel in St. Peter, Minnesota, presents a unique investment opportunity. Located on Old Minnesota Ave and Ritt Street, this property boasts unparalleled visibility from Highway 169 (18,400 vehicles per day), making it ideal for businesses seeking high traffic exposure. The site is situated on the north lot adjacent to the newly constructed Best Western hotel, creating a synergistic location. Given the hotel's lack of on-site dining, this land is perfectly suited for a restaurant or sports bar. The property's 118,918 square feet offer ample space for development. St. Peter's thriving downtown, Gustavus Adolphus College, and the Capitol Room wedding venue contribute to a robust local economy and consistent visitor traffic. The city is actively supportive of development in this rapidly expanding area, offering potential for collaboration with new owners. APN: 19.704.0270. This is a gateway opportunity for businesses seeking to establish a strong presence in a vibrant Minnesota community. Sellers are motivated to find the right buyer for this prime location.