419 Minnesota AveSaint Peter, MN 56082

Property Details for 419 Minnesota Ave

Year built

1913

Lot size

0.27 AC

Property size (Sq ft)

9,864 SF

Property type

Retail space

APN

19.412.5565

APU

194125565

Description

This exceptional investment opportunity presents a fully leased, 9,864 square foot retail property located at 419 S Minnesota Ave, Saint Peter, MN 56082, within Nicollet County. Built in 1913, this meticulously restored historic building boasts a rich history and is widely recognized as the Capitol Room, a renowned wedding venue. The property features two distinct event spaces, perfectly suited for weddings and other large gatherings. Additional amenities include dedicated bridal party suites and a fully equipped catering preparation area. Currently operating as a single-tenant, fully leased property, this asset offers a stable income stream and significant potential for future growth. The property's prime location along the thriving downtown corridor of Saint Peter, Minnesota ensures high visibility and accessibility. This is a unique chance to acquire a piece of St. Peter's history and a successful, established business within a vibrant community. The seller is open to an asset or business sale, providing flexibility for potential investors. This award-winning venue is known to brides across Minnesota, ensuring a strong reputation and consistent demand. The property's size and features make it an ideal investment for those seeking a stable, income-generating asset with significant historical significance.

Location Insight

City

Saint Peter

County

Nicollet

State

Minnesota

Latitude

44.3226

Longitude

-93.9579

CBSA code

31860

CBSA name

MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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