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419 S Minnesota Ave 18,408 SF Office Building Saint Peter, MN 56082 For Sale
INVESTMENT HIGHLIGHTS
- Fully Leased - Single Tenant
- Two Event Spaces
- Catering Prep Space
- Restored Historic Property
- Bridal Party Suites
EXECUTIVE SUMMARY
This property is known to many brides across Minnesota as
The Capitol Room. The former armory turned wedding
venue has been expertly restored and is an award winning
venue. The property is leased to the venue operator, but
they are open to an asset/business sale. Own a piece of St.
Peter history along the thriving downtown corridor.
Landlord pays property taxes and insurance. Tenant's lease
is Modified Gross and performed all renovations.
The Capitol Room. The former armory turned wedding
venue has been expertly restored and is an award winning
venue. The property is leased to the venue operator, but
they are open to an asset/business sale. Own a piece of St.
Peter history along the thriving downtown corridor.
Landlord pays property taxes and insurance. Tenant's lease
is Modified Gross and performed all renovations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
18,408 SF
Building Class
B
Year Built
1913
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
4,331 SF
Building FAR
1.51
Lot Size
0.28 AC
Zoning
AC2
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | R-19.412.5565 | Improvements Assessment | $411,500 |
| Land Assessment | $154,500 | Total Assessment | $566,000 |
PROPERTY TAXES
Parcel Number
R-19.412.5565
Land Assessment
$154,500
Improvements Assessment
$411,500
Total Assessment
$566,000
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419 S Minnesota Ave
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