Saint Peter Homes with Business Opportunity Style

Welcome to Saint Peter, Minnesota – a charming city nestled in Nicollet County, where history meets vibrant community spirit. Known for its picturesque landscapes and friendly atmosphere, Saint Peter is a place where small-town charm and modern conveniences blend seamlessly. With a rich historical background and a strong sense of community, this city offers an inviting lifestyle for families, professionals, and retirees alike.

Saint Peter is home to a variety of amenities, including local shops, parks, and dining options that cater to diverse tastes. The city also boasts a thriving arts scene, with cultural events and festivals that bring residents together throughout the year. With the scenic Minnesota River running nearby, outdoor enthusiasts can enjoy hiking, biking, and fishing, making it an ideal location for those who appreciate nature.

For aspiring entrepreneurs and those seeking new investment opportunities, Saint Peter presents an exciting prospect with its homes featuring business opportunity styles. These unique properties not only provide comfortable living spaces but also offer the potential for commercial ventures right at your doorstep. Imagine running a quaint café, a boutique shop, or an office space while enjoying the comforts of your home. The demand for local services is ever-growing, making this an ideal time to invest in a property that combines residential living with business potential.

Whether you're looking to settle down in a welcoming community or explore entrepreneurial avenues, Saint Peter, MN, is a fantastic choice. With its rich history, vibrant community, and promising business opportunities, your dream lifestyle awaits in this delightful city. Come discover the possibilities that Saint Peter has to offer!

Newest Saint Peter Homes with Business Opportunity Style

$2,250,000

6825253 MLS

THIS IS A ONCE IN A LIFE-TIME OPPORTUNITY TO ACQUIRE A DOWNTOWN SAINT PETER ICONIC MIXED-USE BUILDING! ORIGINALLY CONSTRUCTED IN 1872 AS THE TOWNS MAIN HOTEL HANGOUT, THIS PROPERTY HAS SINCE BEEN CONVERTED INTO MAIN FLOOR AND LOWER LEVEL COMMERCIAL SPACES, 3-STORY ROW HOUSES, AND SECOND & THIRD FLOOR APARTMENTS. THE TOTAL GROSS BUILDING SQUARE FOOTAGE IS JUST OVER 24,000+. AFTER THE DEVASTATING 1998 TORNADO, A GROUP OF INVESTORS CAME TOGETHER TO SAVE THIS HISTORIC PIECE OF REAL ESTATE AND REPLACED THE ROOFS, WINDOWS, INSTALLED A NEW ELEVATOR, TUCK POINTED THE EXTERIOR BRICK, AND ADDED MAINTENANCE FREE METAL COPING AROUND THE WHOLE TOP OF THE STRUCTURE. THE 2ND & 3RD FLOOR APARTMENTS FEATURE TALL CEILING HEIGHTS AND UPDATED KITCHENS & BATHROOMS. IN THE BACK OF THE PROPERTY THERE ARE FOUR ROW HOUSES EACH WITH UNIQUE LAYOUTS AND SOME WITH THREE STORIES. TWO OF THESE ROW-HOUSES ARE 1BD, 1BA AND THE OTHER TWO ARE 2BD + DEN, 1BA. YOU WILL DEFINITELY WANT TO TOUR THIS BUILDING!! PRO-FORMA NOI $193,415 / CAP RATE 8.60 %

122 S Minnesota Avenue, Saint Peter

Listing courtesy of Apartment Cash Flow, Inc..

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