507-380-6627
419 S Minnesota Ave, Saint Peter, MN for Sale
Office - FOR SALE
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419 S Minnesota Ave
Saint Peter, MN 56082


HIGHLIGHTS

  • Fully Leased - Single Tenant
  • Restored Historic Property
  • Two Event Spaces
  • Bridal Party Suites
  • Catering Prep Space

OVERVIEW

This property is known to many brides across Minnesota as The Capitol Room. The former armory turned wedding venue has been expertly restored and is an award winning venue. The property is leased to the venue operator, but they are open to an asset/business sale. Own a piece of St. Peter history along the thriving downtown corridor. Landlord pays property taxes and insurance. Tenant's lease is Modified Gross and performed all renovations.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

AC2

APN/PARCEL ID

R-19.412.5565

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 Policy.