For Sale
$925,000

804 7Th Ave Princeton, MN 55371

5-Acre Commercial Opportunity in Princeton, MN

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 5.07-acre mixed-use property in Princeton, Minnesota, presents a remarkable investment opportunity. Located at 804 7th Ave S, this prime location boasts high visibility and accessibility, situated near major businesses including Kwik Trip, Coborns, AmericInn, McDonald's, Caribou Coffee, and M Health Fairview Medical Center. The property includes two buildings totaling 32,659 square feet, constructed in 1962, and featuring two stories. Ample parking is provided with 145 spaces. The property is zoned for Business/Commercial use (R3 & B2, adjacent to B3), offering flexibility for a wide range of redevelopment possibilities. The asking price is $925,000, translating to an affordable $30 per square foot, inclusive of land. This presents a unique chance to repurpose existing structures or develop new ventures within a thriving community. The property's proximity to Princeton High School further enhances its appeal. This is an exceptional opportunity to acquire a substantial commercial property in a desirable location with significant potential for future growth and development. The existing buildings offer immediate use or redevelopment potential, while the expansive lot size allows for significant expansion or new construction. The abundant parking ensures ample space for customers and employees. This property is ready for your vision.

Highlights

  • $925,000 asking price for a mixed-use property.
  • 32,659 square feet on a 5.07-acre lot.
  • Two buildings, two stories, totaling 145 parking spaces.
  • Built in 1962, with Business/Commercial zoning.
  • Located in Princeton, MN, near major businesses and Princeton High School.

Property Details for 804 7Th Ave

Property type
Mixed-use properties
Square Feet
32,659 SF
Year Built
1962
Buildings
2
Stories
2
Lot Size (sq. ft)
220,849 SF
Units
2

Location Insight

City
Princeton
County
Mille Lacs
State
Minnesota
Latitude
45.5606682
Longitude
-93.5827826

FAQs

What type of property is this?
Mixed-use property - 5-Acre Commercial Opportunity in Princeton, MN
Where is the mixed-use property 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.
What are key features of this property?
This property features: $925,000 asking price for a mixed-use property.; 32,659 square feet on a 5.07-acre lot.; Two buildings, two stories, totaling 145 parking spaces.
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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