Nicollet Homes with Mixed Use Style

Welcome to Nicollet County, Minnesota, a hidden gem in the heart of the Midwest where natural beauty meets vibrant community living. Nestled between the picturesque landscapes of rolling hills and serene lakes, Nicollet County offers a unique blend of rural charm and urban convenience. With its rich agricultural heritage and a strong sense of community, residents enjoy a peaceful lifestyle while being just a short drive from the bustling cities of Mankato and St. Peter.

One of the most exciting developments in Nicollet County is the rise of homes featuring mixed-use styles. These innovative properties are designed to cater to a variety of lifestyles, seamlessly integrating residential living with commercial spaces. Imagine waking up in your cozy home and stepping into a lively café or boutique just downstairs! This trend not only promotes a sense of community but also encourages local business growth, making it an ideal choice for those who appreciate convenience and connectivity.

Nicollet County's mixed-use homes are perfect for individuals and families alike, allowing for a dynamic living experience. Whether you’re an entrepreneur looking to start a business or a family seeking a vibrant neighborhood, these homes offer the best of both worlds. With access to parks, schools, and essential amenities, residents can enjoy a balanced lifestyle that fosters both work and leisure.

Explore the charm of Nicollet County and discover the exciting opportunities that await in its mixed-use properties. Experience the perfect blend of comfort, community, and convenience, and make Nicollet County your new home today!

Newest Nicollet Homes with Mixed Use Style

$600

7043639 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate office spaces within the building. All spaces are currently listed For Lease at $700/mo. Lease the entire main level of the building for $2000/mo OR Lease the entire building including the basement for $2500/mo.

635 N 3rd Street, Nicollet

Listing courtesy of Home Run Realty.

$600

7043635 MLS

633 N 3rd Street, Nicollet

Listing courtesy of Home Run Realty.

$600

7043605 MLS

304 Pine Street, Nicollet

Listing courtesy of Home Run Realty.

$144,900

7042935 MLS

This downtown location would be great for any business. Dispensary, Insurance Company, Chiropractor or a space for your POP-up Sales. You name it! There are 4 separate office spaces within the building. All spaces are currently listed For Lease at $700/mo. OR Lease the entire main level of the building for $2000/mo.

300 Pine Street, Nicollet

Listing courtesy of Home Run Realty.

$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..

$795,000

6821093 MLS

Opportunity knocks with this three-story eight unit mixed-use building for sale. The property is located in the central business district in downtown Saint Peter, Minnesota. Historical occupancy is strong as it stays full all the time. The main floor features two larger retail and/or office spaces and currently has long term leases in place. The second and third floors offer six loft style apartments with tall ceiling heights and some exposed original brick. The exterior is all brick and has received all newer windows and the main floor commercial tenants have newer black awnings. There is a parking lot in the back alley for residential tenants and also an attached garage on the back side of the main floor commercial units. The lower level is used for storage but could be an opportunity for additional income with your ideas. Each commercial tenant pays for their own utilities including extra for trash. The residents upstairs are responsible for paying their own unit electric utilities and the owner pays for the boiler heat, water, sewer and trash. The current in-place cap rate is 8.51% with a net operating income of $67,669. A new owner has room to improve cash flows by raising rents organically over the next 1-2 years in a non rent controlled city on Minnesota. Call to get more financials and information.

216 S Minnesota Avenue, Saint Peter

Listing courtesy of Apartment Cash Flow, Inc..

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