224 S Minnesota AVE Active Save Request In-Person Tour Request Virtual Tour
Saint Peter,MN 56082
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Amended
MLS Listing ID 6535037
Year Built 1887
Annual Tax Amount $9,068
Tax Year 2024
Contingent None
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 40 x 91
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.
Location
State MN
County Nicollet
Zoning Business/Commercial
Rooms
Basement Finished,Full
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land,Leases,Rental License
Fireplace No
Appliance Range,Refrigerator
Exterior
Garage None
Utilities Available Electric Separate,Heating Separate,Hot Water Common
Roof Type Age Over 8 Years,Flat,Pitched
Present Use Commercial,Office,Professional Service,Residential,Restaurant,Retail
Building
Lot Description Corner Lot
Story Two
Foundation 3600
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District St. Peter