Ideal space for a small business, artist's studio, retail, office space or could be renovated and used as a residential property. Split floor plan allows for a combination of uses. Large lawn area for green space with alley behind the building with room for off-street parking. Conveniently located just 400 feet from the Root River Bike Trial and only 4.5 miles to Gas Stations, Grocery Stores, Hardware, Clinic, Pharmacy and more. The Peterson Community offers seasonal events and activities for the public to enjoy, as well as easy access to the Root River for tubing, kayaking, and fishing.
This is the perfect time to purchase an established business that offers tube, kayak and canoe rental as well as attached pizza and ice cream restaurant. Excellent location on Mill Street in Peterson between the Bike Trail and Root River. The business comes with 2 buses and a good inventory of tubes, canoes and kayaks. Recent upgrades to the business include renovated bathroom, new flooring and booth seating. Keep the existing operation or create a business that suits your needs.
The median home value in Peterson, MN is $142,500. This is lower than the county median home value of $231,000. The national median home value is $338,100. The average price of homes sold in Peterson, MN is $142,500. Approximately 79.49% of Peterson homes are owned, compared to 9.4% rented, while 11.11% are vacant. Peterson real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Peterson real estate agent to arrange a tour today!
Peterson, Minnesota has a population of 241. Peterson is less family-centric than the surrounding county with 27.27% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Peterson, Minnesota is $58,750. The median household income for the surrounding county is $67,195 compared to the national median of $69,021. The median age of people living in Peterson is 41.1 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 5.5 degrees. The average rainfall is approximately 35.6 inches per year, with 43.1 inches of snow per year.