410 S Minnesota Ave - Apartments FOR SALE


Saint Peter, MN 56082
$6,650,000 USD
507-380-6627
410 S Minnesota Ave, Saint Peter, MN for Sale
$6,650,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

410 S Minnesota Ave
Saint Peter, MN 56082


HIGHLIGHTS

  • Mixed-use highway investment, fully actualized.
  • Pricing subject to offer.

OVERVIEW

Located along Highway 169 in downtown St. Peter, MN, just 1 hour south of the Twin Cities or 10 minutes north of Mankato. This building is located in a new (2022-2023) mixed-use development with highway retail frontage. Minnesota Avenue (Highway 169) is the metro-connection from Iowa to the Twin Cities. Traffic Counts of 30,000+ daily make these spaces highly desirable in a retail-forward neighborhood.

FOR SALE DETAILS

PRICE

$6,650,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

36

PRICE/UNIT

$184,722

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RoK Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,334 SF

ZONING

-

APN/PARCEL ID

R-19.412.4145

ASK ABOUT THIS PROPERTY

Cate DeBatesNAI North StarMore Info
507-380-6627

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Cate DeBatesNAI North StarMore Info
507-380-6627

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