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14 N College Ave 2,937 SF 100% Leased Retail Building Saint Joseph, MN 56374 $595,000 ($202.59/SF)



Investment Highlights
- In the heart of downtown Saint Joseph, features high pedestrian activity from nearby businesses, residents, and college student
- Suite B is leased to Wandering Cow Ice Cream Shop a popular local tenant of downtown Saint Joseph
- FF&E is negotiable and will be part of a separate agreement
- Suite A - turnkey restaurant featuring: a dining area, full commercial kitchen, 16' hood, and both a walk-in cooler and freezer
- Shared common area restrooms
- Two designated parking stalls located in the back of the property
Executive Summary
Inventure Real Estate is pleased to present a 2,937 square foot retail building for sale located in the heart of downtown Saint Joseph at 14 College Ave N. The property is configured into two suites and benefits from strong pedestrian traffic, surrounding residential density, close proximity to local businesses and the College of Saint Benedict and Saint John’s University, which together serve approximately 6,500+ students. Suite A (vacant) offers an exceptional owner occupant opportunity, featuring a turnkey restaurant buildout with dining area, full commercial kitchen, and a walk-in cooler and freezer. Space is ideal for a café, restaurant, or specialty food concept seeking to occupy the building while generating income from the adjacent suite. Suite B, currently leased to Wandering Cow Ice Cream Shop, provides immediate cash flow and benefits from a well known local tenant that consistently drives foot traffic and enhances the vibrancy of downtown Saint Joseph. Both suites share common area restrooms, maximizing usable square footage in each space. With its downtown location, existing infrastructure, and complementary tenant mix, this property presents a compelling owner-user opportunity in one of Central Minnesota’s most active downtown districts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,937 SF
Building Class
C
Year Built
1958
Price
$595,000
Price Per SF
$202.59
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.24 AC
Frontage
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 84.53549.0000 | Improvements Assessment | $257,700 |
| Land Assessment | $62,700 | Total Assessment | $320,400 |
Property Taxes
Parcel Number
84.53549.0000
Land Assessment
$62,700
Improvements Assessment
$257,700
Total Assessment
$320,400
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14 N College Ave
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