05/28/2026
Positioned at a high-visibility controlled corner in St. Peter, this 3.46-acre development opportunity offers prime access just off Highway 169 with exposure to more than 25,000 vehicles per day. Adjacent to Hy-Vee and surrounded by established national and regional retailers including McDonald’s, Speedway, Dollar General, and Dairy Queen, the site is ideally positioned for retail, hospitality, or mixed-use development.
The property also offers unique quality-of-life amenities, including scenic pond views, a city park connection via walking path, planned regional storm water infrastructure, and potential for Highway 169 signage visibility. Located within a Tax Increment Financing (TIF) district, this site combines strong traffic counts, surrounding growth, and development flexibility in one of Southern Minnesota’s most accessible commercial corridors.