Excellent opportunity to own a highly visible commercial building one block off main street. Currently features a large showroom and a large back room that is accessible from the street or the main part. Check this one out it has a lot of potential.
Looking for commercial space for offices, clinic or another business, here it is, located 1 block from main street. Parking is available in front on the street or you could park in the back from the alley. Many possibilities with this property.
As Christ Our Light Catholic Church makes plans to relocate, a fantastic opportunity presents in Princeton: a premium 5-acre property is available! Featuring over 32,000 SF to work with, this versatile space offers a blank canvas for imaginative minds to move in, repurpose, or craft fresh business ventures in Princeton's growing community. Property is accessible to both Rum River Dr S and 7th Ave S, located just a block away from Princeton High School and surrounded by thriving businesses like Kwik Trip, Coborns, AmericInn, McDonalds, Caribou Coffee, M Health Fairview Medical Center, its prime location ensures visibility and accessibility. Being in R3 & B2 zoning districts & adjacent to B3, offers opportunities to tailor to your vision. Asking price is $30/SF (including land), very affordable for redevelopment and potential for re-zoning for your specific plans and ideas. The added advantage of 145 parking spaces enhances its appeal for various business parking requirements.
$33,900 yearly gross income producing property with 2 apartments on the upper level and a fully operational retail space on the main & basement (Antique store since 1991). New roof in 2007 that is warrantied for 20 years. Separate electrical: 100 AMPS to apartments and 400 AMPS to retail. Let this be your next cash flowing investment!
Recently Remodeled Building: Storefront boasts a new custom glass vestibule & modern black & brick color pallet. Excellent Frontage: Rum River Drive is Princeton's main street and this building is located just south of the 1st St stoplight. Prime location for foot traffic & travelers too with on street parking as well as close proximity to multiple city parking lots making this location perfect for your business needs.
The median home value in Princeton, MN is $292,000. This is higher than the county median home value of $269,900. The national median home value is $338,100. The average price of homes sold in Princeton, MN is $292,000. Approximately 57.2% of Princeton homes are owned, compared to 40.21% rented, while 2.6% are vacant. Princeton 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 Princeton real estate agent to arrange a tour today!
Princeton, Minnesota has a population of 4,784. Princeton is less family-centric than the surrounding county with 23.06% of the households containing married families with children. The county average for households married with children is 23.47%.
The median household income in Princeton, Minnesota is $43,968. The median household income for the surrounding county is $61,995 compared to the national median of $69,021. The median age of people living in Princeton is 34.9 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 2.2 degrees. The average rainfall is approximately 30.8 inches per year, with 43.2 inches of snow per year.