224 South Minnesota Avenue

St. Peter, MN 56082

$650,000
Price
—
Beds
9,500 Sq. Ft.
$68 / Sq. Ft.
9,500
Sq. Ft.
$68
per Sq. Ft.

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!...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.
  1. Listed by Apartment Cash Flow, Inc.

Property Details for 224 South Minnesota Avenue

Subdivision Name
Amended
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 10/10/2024 02:23 PM

Property Details for 224 South Minnesota Avenue

StatusActive
MLS #6535037
Days on Compass109
Taxes$9,068 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1887
Lot Size0.08 AC / 3,484 SF
CountyNicollet County

Building Information for 224 South Minnesota Avenue

Stories-Residences5Year Built1887Lot Size0.08 AC / 3,484 SF

Property Information for 224 South Minnesota Avenue

Summary
Location and General Information
  • City Name: Saint Peter
  • County Or Parish: Nicollet
  • County: Nicollet-MN
  • Directions: On Main Street in Downtown St.Peter
  • Latitude: 44.324423
  • Longitude: -93.957398
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Saint Peter
  • City and Location Text: Saint Peter(MN)
  • Postal Code: 56082
  • State Or Province: MN
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 194123810
  • Tax Annual Amount: $9,068.00
  • Tax Legal Description: BLOCK 177 1/2 LOT E 91' OF S 40' & SLY 6" OF N 26' OF ELY 70' OF LOT 4 SUBDIVISIONCD 19412 SUBDIVISIONNAME AMENDED PLAT
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 9068.0000
School Information
  • High School District: 508 - St. Peter
  • School District Number: 508
  • School District Phone: 507-934-5703
Property
Lot Information
  • Current Use: Commercial, Office, Professional Service, Residential, Restaurant, Retail
  • Lot Features: Corner Lot
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 40 x 91
  • Lot Size Units: Acres
  • Possible Use: Professional Service, Restaurant, Investment
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 9500.0
Property and Assessments
  • Age Of Property: 137
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 3600.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Flat, Pitched
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Type: Finished, Full
  • Cooling: Central Air
  • Ceiling Height: 8-10
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 6
  • Unit SqFt: 1200
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: A
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Rooms Total: 7
  • Unit SqFt: 1200
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: B
Unit 3
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 0
  • Unit Bath Half: 2
  • Unit Bath Qtr: 0
  • Unit SqFt: 2600
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 0
  • Unit Is Leased: 1
  • Unit Level: MAIN
  • Unit Number: 224 Minnes
Unit 4
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 0
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit SqFt: 1000
  • Unit Type Actual Rent: $825.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Is Leased: 1
  • Unit Level: MAIN
  • Unit Number: 222 Minnes
Unit 5
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 0
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit SqFt: 2600
  • Unit Type Actual Rent: $375.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Is Leased: 1
  • Unit Level: BEGND
  • Unit Number: Basement

Property History for 224 South Minnesota Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 South Minnesota Avenue

Taxable ValueLand$64,800Additions$333,300Total$398,100
Tax Record2023$9,068 ($756 / month)
Home Facts
Total Finished SqFt6,005 SqFtAbove Grade Finished SqFt6,005 SqFtStories2Lot Size3,640 SqFtStyleRestaurantYear Built1890CountyNICOLLETAPN19.412.3810

Schools near 224 South Minnesota Avenue

This home is within St. Peter Public School District.
Rating
School
Type
Grades
Distance
South Elementary School
Public - K to 1
North Elementary School
Public - 2 to 4
Oshawa Learning Academy
Public - 4 to 12
St. Peter Middle School
Public - 5 to 8
Rating
School
Distance
South Elementary School
PublicK to 1

North Elementary School
Public2 to 4

Oshawa Learning Academy
Public4 to 12

St. Peter Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 224 South Minnesota Avenue, St. Peter, MN 56082

224 South Minnesota Avenue is for sale in St. Peter, MN 56082. This property was listed for sale on May 13, 2024 by Apartment Cash Flow, Inc., it's currently listed at $650,000. It has been on the market for a total of 109 days and was last sold on June 28, 2018. This listing's school district is St. Peter Public School District. Nearby schools include South Elementary School, North Elementary School and Oshawa Learning Academy. 224 South Minnesota Avenue is a 0-bed, 0-bath, 9,500 sqft built in 1887.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Apartment Cash Flow, Inc.

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/10/2024 02:23 PM