804 7Th AvePrinceton, MN 55371

Property Details for 804 7Th Ave

Year built

1962

Lot size

5.07 AC

Property size (Sq ft)

32,659 SF

Property type

Mixed-use properties

Description

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.

Location Insight

City

Princeton

County

Mille Lacs

State

Minnesota

Latitude

45.5607

Longitude

-93.5828

FAQs

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