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224 S Minnesota Avenue

Saint Peter, MN 56082
  • $650,000
  • STATUS: Active
  • ON SITE: 277 Days
  • ID#: 6535037
UPDATED: 36 min ago
$650,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,500
    SQFT
  • $68
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1887
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..

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.

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IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Bre Berry & Company are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Bre Berry & Company is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Bre Berry & Company, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-02-15T18:22:48.557.

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224 S Minnesota Avenue Saint Peter, MN 56082

  • Price: $650,000
  • Status: Active
  • On Site: 277 Days
  • Updated: 36 min ago
  • ID#: 6535037
0
Beds
0
Baths
0
½ Baths
0.08
Acres
9,500
SQFT
$68
$/SQFT
1887
Built
Neighborhood:
Amended
County:
Nicollet
School District:
508 - St. Peter
Property 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.
Exterior Features

Construction Materials Brick/Stone Foundation Area 3600 Levels Two Lot Features Corner Lot Lot Size Dimensions 40 x 91 Parking Features None Parking Open 0 Road Frontage Type City Street Roof Age Over 8 YearsFlatPitched Topography Level

Interior Features

Appliances RangeRefrigerator Basement FinishedFull Cooling Central Air Heating Forced Air Refrigerator Num One Per Unit

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Contingency None Current Use CommercialOfficeProfessional ServiceResidentialRestaurantRetail Electric Expense 0 Expenses 16715.0000 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Fuel Expense 0 Gross Income 62340 Inclusions BuildingLandLeasesRental License Insurance Expense 4874 Land Lease YN No Lender Owned No Maintenance Expense 1500 Manager Expense 0 Net Operating Income 45625 Operating Expense 16715 Other Expense 0 Owner Pays Insurance Postal City Saint Peter Potential Short Sale No Property Sub Type Apartment Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 9068 Tax With Assessments 9068.0000 Tax Year 2024 Tenant Pays Electricity Trash Expense 0 Utilities Electric SeparateHeating SeparateHot Water Common Water Sewer Expense 1023 Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Apartment Cash Flow, Inc.: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Bre Berry & Company are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Bre Berry & Company is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Bre Berry & Company, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-02-15T18:22:48.557.

Click here for Digital Millennium Copyright Act
 
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Bre Berry & Company
821 Grand Ave
Saint Paul MN, 55105
NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..