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1505 Old Minnesota Ave

4,288 SF Retail Building Saint Peter, MN 56082 $700,344 CAD ($163 CAD/SF)

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Investment Highlights

Over 330' of Hwy 169 Frontage
Parking Lots at Each Entrance

Priced below EMV
Excellent Construction, Engineering, Condition

Executive Summary

*Reduced Price* Beautiful, like-new building on a highly visible corner lot with 330' of frontage on Highway 169. An ideal location for a Restaurant, Sports Bar, Bank, or Office. Located just North of a newly constructed national franchise hotel on Highway 169. Great access from Hwy 169 and Old Minnesota Avenue. Built as a franchise restaurant, the price includes items that could be removed by owner for a lower sale price. Large "L" shaped parking lot. Call for a private and confidential showing! For more information on this property, click here.

Sale Brochure

Property Facts Under Contract

Sale Type

Owner User

Property Type

Retail

Property Subtype

Fast Food

Building Size

4,288 SF

Building Class

Year Built

2010

Price

$700,344 CAD

Price Per SF

$163 CAD

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.10

Lot Size

0.95 AC

Zoning

C-4

Parking

30 Spaces (6.99 Spaces per 1,000 SF Leased)

Frontage

44 ft on Minnesota Ave

Amenities

Signage

Drive Thru

About 1505 Old Minnesota Ave , Saint Peter, MN 56082

Custom designed with high quality engineering /technology exceeding today’s new construction, this is a property you must see to appreciate. Nicollet County Estimated Market Value is $678,000! Built as a national franchise restaurant it’s design would lend itself to a multi-tenant building or a single retailer. Non-franchise kitchen equipment included. Parking lots on both sides of the building with 30 stalls and including ADA parking. Beautiful restrooms and ADA designed to meet Code. Located on a corner lot at the North Entrance to St. Peter, with approximately 330’ of Frontage on Highway 169 . High traffic counts of 20,500 + VPD. Two entrances - Drantel Street and Old Minnesota Avenue, and situated in the heart of the newest development area in the “Gateway Overlay Zone" featuring a national franchise hotel, Kwik Trip, travel center, restaurants, new grocery center, sports bars and retail. Easy access!

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