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117 S Minnesota Ave 1,500 SF of Retail Space Available in Saint Peter, MN 56082
Highlights
- Located in the heart of Saint Peter, Minnesota’s downtown district.
- High-traffic area surrounded by established businesses
- Excellent visibility along Minnesota Avenue
- Convenient access to major routes including Highway 169
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | $24.49 CAD/SF/YR $2.04 CAD/SF/MO $36,734 CAD/YR $3,061 CAD/MO | Triple Net (NNN) |
1st Floor
Lease a prime retail or office space in downtown St. Peter along the central business district of Minnesota Avenue/Highway 169. This former chiropractic office is turnkey for another office user, or can be converted to an excellent retail location with 20' of frontage. The first floor space has an ADA entrance and city parking in the back for additional customer access. A manageable 1,500 square feet, lease terms are flexible with tenant improvement allowances negotiable. New owners are motivated to improve and renovate spaces! Call Cate today for a showing or more details.
- Lease rate does not include utilities, property expenses or building services
- Turnkey Office Space or Convert to Retail
- Tenant Improvement Allowance Negotiable
- Available for occupancy starting June 1, 2026
- Retail or office space with flexible layout option
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,500 SF | Gross Leasable Area | 2,560 SF |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,560 SF |
| Year Built | 1900 |
About the Property
117 South Minnesota Avenue in St. Peter is located along Highway 169 with 20' of prime retail frontage. Join the 100 block of Minnesota Avenue with popular local and national tenants like Dominos, The Smallest Cog Bike Shop, Knit and Sew World, Southern Minnesota Orthodontics, Aesthetic Records, and Timeless Vintage Furniture and Decor Shop. Across the street is the ever popular Paddlefish Brewing and Julee's Jewelry. This downtown historic corridor sees more than 22,000 vehicles per day. With a population of 12,000 residents, St. Peter also benefits from through traffic of Highway 169 (metro connection), Gustavus Adolphus College, and popular regional events with a strong Chamber and Visitor network presence.
Nearby Major Retailers
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117 S Minnesota Ave
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