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Old Minnesota Ave & Ritt Street - St Peter Highway Commercial Development Site

2.73 Acres of Commercial Land Offered at $438,266 CAD in Saint Peter, MN 56082

Commercial Land Minnesota Saint Peter Old Minnesota Ave & Ritt Street, Saint Peter, MN 56082

Investment Highlights

  • Next to New Hotel: Best Western
  • Gateway Opportunity
  • Excellent visibility from Hwy 169

Executive Summary

This land is located on the North lot next to the new Best Western hotel. Ideal for restaurant or sports bar, as the newly developed hotel does not offer food service/on-site dining. Excellent visibility from metro-connection Highway 169. St. Peter is home to Gustavus Adolphus College and its charming downtown is a hub of retail and shopping experiences for southern Minnesota! The Capitol Room, a premier southern Minnesota wedding venue, also brings frequent visitors to the area.

Attachments

Sale_Brochure 24

Property Facts

Price $438,266 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Hold For Development
No. Lots 1 Total Lot Size 2.73 AC
Property Type Land Cross Streets Ritt Street
Price $438,266 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 2.73 AC
Cross Streets Ritt Street

1 Lot Available

Lot

Price $438,266 CAD Lot Size 2.73 AC
Price Per AC $160,537 CAD
Price $438,266 CAD
Price Per AC $160,537 CAD
Lot Size 2.73 AC

This prime land sits in the rapidly expanding north end of St. Peter with convenient access to and visibility from Hwy 169 (18,400 VPD). Sellers are motivated and the City of St. Peter is willing to cooperate with new owners to develop this site.

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PROPERTY TAXES

Parcel Number 19.667.0020 Improvements Assessment $0 CAD
Land Assessment $340,574 CAD Total Assessment $340,574 CAD

PROPERTY TAXES

Parcel Number
19.667.0020
Land Assessment
$340,574 CAD
Improvements Assessment
$0 CAD
Total Assessment
$340,574 CAD

zoning

Zoning Code C-4 (Highway Commercial - Gateway Opportunity.)
C-4 (Highway Commercial - Gateway Opportunity.)
(507) 625-4715

  • Listing ID: 32077941

  • Date on Market: 2020-04-15

  • Last Updated:

  • Address: Old Minnesota Ave & Ritt Street, Saint Peter, MN 56082

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St.Peter 2.73 Acres
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Old Minnesota Ave & Ritt Street - St Peter Highway Commercial Development Site
(507) 625-4715 x

Old Minnesota Ave & Ritt Street - St Peter Highway Commercial Development Site

Rosie Brunmeier

(507) 625-4715

(507) 625-4715

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