For Sale
$925,000

804 7Th Ave Princeton, MN 55371

Versatile 32,000 SF building, prime location.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 5.07-acre commercial property located at 804 7th Avenue S, Princeton, Minnesota, presents a unique redevelopment opportunity. The expansive 32,659 square foot building offers a blank slate for ambitious entrepreneurs and businesses seeking a prominent presence in a thriving community. Its strategic location, just a block from Princeton High School and surrounded by established businesses such as Kwik Trip, Coborns, AmericInn, McDonald's, Caribou Coffee, and M Health Fairview Medical Center, ensures high visibility and accessibility. The property boasts convenient access to both Rum River Dr S and 7th Ave S, maximizing exposure and ease of access for customers and employees. The ample 145 parking spaces cater to a wide range of business needs. Zoned R3 & B2, with adjacency to B3 zoning, this property offers flexibility for various commercial uses and potential for re-zoning to suit specific project requirements. The asking price of $925,000 represents an attractive $30 per square foot cost (including land), making it a highly affordable option for redevelopment and customization. This is a rare chance to acquire a substantial property in a dynamic location with significant potential for growth and success.

Property Details for 804 7Th Ave

Property type
Commercial real estate
Square Feet
32,659 SF
Year Built
1962
Lot Size (sq. ft)
220,849 SF

Location Insight

City
Princeton
County
Mille Lacs
State
Minnesota
Latitude
45.56058
Longitude
-93.58278

FAQs

What type of property is this?
Commercial real estate - Versatile 32,000 SF building, prime location.
Where is the commercial real estate located?
The property is located at 804 7Th Ave Princeton, MN.
What is the asking price?
The asking price for this property is $925,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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804 7Th Ave
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