14 N College Ave - Storefront FOR SALE


Saint Joseph, MN 56374
$595,000 USD
320-291-8625
14 N College Ave, Saint Joseph, MN for Sale
$595,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

14 N College Ave
Saint Joseph, MN 56374


HIGHLIGHTS

  • In the heart of downtown Saint Joseph, features high pedestrian activity from nearby businesses, residents, and college student
  • Suite A - turnkey restaurant featuring: a dining area, full commercial kitchen, 16' hood, and both a walk-in cooler and freezer
  • Suite B is leased to Wandering Cow Ice Cream Shop a popular local tenant of downtown Saint Joseph
  • Shared common area restrooms
  • FF&E is negotiable and will be part of a separate agreement
  • Two designated parking stalls located in the back of the property

OVERVIEW

Inventure Real Estate is pleased to present a 2,937 square foot retail building for sale located in the heart of downtown Saint Joseph at 14 College Ave N. The property is configured into two suites and benefits from strong pedestrian traffic, surrounding residential density, close proximity to local businesses and the College of Saint Benedict and Saint John’s University, which together serve approximately 6,500+ students. Suite A (vacant) offers an exceptional owner occupant opportunity, featuring a turnkey restaurant buildout with dining area, full commercial kitchen, and a walk-in cooler and freezer. Space is ideal for a café, restaurant, or specialty food concept seeking to occupy the building while generating income from the adjacent suite. Suite B, currently leased to Wandering Cow Ice Cream Shop, provides immediate cash flow and benefits from a well known local tenant that consistently drives foot traffic and enhances the vibrancy of downtown Saint Joseph. Both suites share common area restrooms, maximizing usable square footage in each space. With its downtown location, existing infrastructure, and complementary tenant mix, this property presents a compelling owner-user opportunity in one of Central Minnesota’s most active downtown districts.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,592 SF

ZONING

-

APN/PARCEL ID

84.53549.0000

ASK ABOUT THIS PROPERTY

Jacob ClevelandInventure Real EstateMore Info
320-291-8625

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Jacob ClevelandInventure Real EstateMore Info
320-291-8625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.