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Listed price in listed location currency (USD).
$1,589,000

000

MLS® 7038973

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $30,404
Days Active 37
Approx. Age 
MLS® Number 7038973

Property Address: 108 S Minnesota Ave, Saint Peter, MN, 56082-2557

Average square foot calculated using Size range provided by listing agent.

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%. NDA is required to access confidential documents.
MLS® Number7038973
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 31, 2025List Date
$1,589,000List Price
-End Date
Not Sold YetSold Price

For Rent

Nov 1, 2023List Date
$1,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 S Minnesota Ave, Saint Peter, MN

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