108 S Minnesota Avenue, St. Peter, MN 56082
108 S Minnesota Avenue, St. Peter, MN 56082
108 S Minnesota Avenue, St. Peter, MN 56082
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$1,489,000
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108 S Minnesota Avenue St. Peter, MN 56082

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Jeremy Moore

Jeremy Moore

+1(651) 895-9324

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mn

MLS Listing ID 7038973

Style Concrete Block

Year Built 1944

Annual Tax Amount $30,404

Tax Year 2025

Property Sub-Type Commercial

Property Description

Nicollet Plaza is a prime commercial investment opportunity located in the heart of the downtown St. Peter historic district. Surrounded by well-preserved 19th Century Architecture, this building is right on Highway 169 with supreme visibility and high traffic activity. The completely remodeled 23,325 SF building is nearly at full occupancy. Current tenants include: Paddlefish Brewing Company, Greater MN Trauma Center, Vet Pharmacy, Sherwin Group and Great Wall restaurant. Sale includes an extra 4,960 SF parcel for additional parking that is currently rented to a neighboring business. Property is zoned 3A that allows for a wide range of retail and office uses. St. Peter is a thriving business, historic and artistic city. Investment CAP Rate = 8.59%. NDA is required to access confidential documents.

Location

State MN

County Nicollet County

Area St. Peter/Kasota/Cleveland

Direction S

Interior

Heating Forced Air

Cooling Central

Exterior

Exterior Feature Brick

Parking Features Driveway - Asphalt

Garage Description Driveway - Asphalt

Amenities Available Elevator, Restrooms

Roof Type Flat

Present Use Business Service,Professional Service,Restaurant,Retail (L)

Building

Foundation 8512

Sewer City

Water City

Structure Type Concrete Block

Schools

School District St. Peter #508

Others

Energy Description Electric

Listed by True Commercial, LLC
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Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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108 S Minnesota Avenue