St. Peter - 2.73 Acres

Old Minnesota Ave & Ritt Street Saint Peter, MN 56082

Old Minnesota Ave & Ritt Street, Saint Peter, MN, 56082
Old Minnesota Ave & Ritt Street, Saint Peter, MN, 56082
FOR SALE
Property Type:
Other Land
Amount:
$309,189
Last Verified:
Jul 24, 2024

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Highlights

  • Excellent Visibility from Hwy 169
  • Gateway Opportunity
  • Next to New Hotel: Best Western

Description

This land is located on the North lot next to the new Best Western hotel. Ideal for restaurant or sports bar, as the newly developed hotel does not offer food service/on-site dining. Excellent visibility from metro-connection Highway 169. St. Peter is home to Gustavus Adolphus College and its charming downtown is a hub of retail and shopping experiences for southern Minnesota! The Capitol Room, a premier southern Minnesota wedding venue, also brings frequent visitors to the area.

This prime land sits in the rapidly expanding north end of St. Peter with convenient access to and visibility from Hwy 169 (18,400 VPD). Sellers are motivated and the City of St. Peter is willing to cooperate with new owners to develop this site. Land is located next to newly developed Best Western Hotel making this a great location for retail, hospitality, food service and more!

Lot Size: 2.73 acres


Documents

Sale Brochure

Map of Old Minnesota Ave & Ritt Street, Saint Peter, MN, 56082

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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