USAMNSaint PeterAmended224 S Minnesota Ave
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$695,000

Sold

5 months ago

224 S Minnesota Ave, Saint Peter, MN

House

MLS® 6819062

Buyer represented by an agent of Apartment Cash Flow, Inc.

3 Bed

6 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $10,376
Lot Size 
Approx. Age 1887
MLS® Number 6819062

Property Address: 224 S Minnesota Ave, Saint Peter, MN, 56082-2522

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

Description

THIS DOWNTOWN ICONIC SAINT PETER MINNESOTA PROPERTY OFFERS INVESTORS AN OPPORTUNITY TO ACQUIRE A UNIQUE ALL BRICK AND KASOTA LIMESTONE FIVE-UNIT MIXED-USE PROPERTY!! THE BUILDING FEATURES TWO LARGE MAIN FLOOR RETAIL UNITS. ERBERTS & GERBERTS IS ONE OF THESE ANCHOR TENANTS AND HAS A LONG LEASE IN PLACE. THE SECOND FLOOR FEATURES TWO OVERSIZED LOFT STYLE APARTMENTS WITH TALL CEILINGS. THE LOWER LEVEL IS LEASED TO A GOOD STANDING LONG TERM TENANT. THE WHOLE ASSET IS FULLY LEASED AND IN TURN-KEY CONDITION!! AMAZING EXTERIOR CURB APPEAL. MOST UTILITIES ARE PAID BY TENANTS. ROOF IS 1998 AND WINDOWS HAVE BEEN REPLACED. IN-PLACE CAP RATE OF 7.5% WITH NET OPERATING INCOME OF $52, 081 - CALL FOR MORE FINANCIALS.
MLS® Number6819062
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1887
BasementFinished, Full, Single Tenant Access
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Dec 26, 2025End Date
$600,000Sold Price

Sold

Nov 17, 2025List Date
$695,000List Price
  • Commute

Commute

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

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