111 N Rum River Drive, Princeton, MN 55371
- 5,850 sqft
Commercial Property
Built in 1893
3,920sqft lot
—— car garage
$41/sqft
Listed 10 days ago
Property Description
Rare cash-flowing investment opportunity in Uptown Princeton! This solid multi-use commercial building features two upper-level apartments and a fully operational main-level + lower-level retail/office space. Offering approx. 5,850 sq ft, the building includes a private 6-8 stall parking lot - an uncommon find on Main Street. Interior highlights include 13 ft main-level ceilings with copper tin accents, original wood floors, handicap-accessible bathroom, glass entry doors, and a dry usable lower level with tall ceilings. Recent updates include a 2007 rubber roof (under warranty), separate electrical services (100 amp for apartments, 400 amp for commercial), AC systems, air handler, boiler heat, and supplemental eclectic baseboard. Strong visibility just off Hwy 169 with excellent pedestrian and vehicle traffic. Perfect for owner-occupants looking for retail/office space, or investors seeking stable multi-unit income. A well-maintained and versatile property in a prime location!
- Listing Status:
- Active
- Listing Office:
- Edina Realty, Inc. : 763-295-3456
- MLS ID:
- 6819095

- Parking: OtherPavedOpen
- Roofing: Age Over 8 YearsFlatRubber
- General: Two
- Road/Access: City StreetCounty RoadCurbsPaved StreetsSidewalksStreet LightsStorm Sewer
- Originating MLS: northstar
- School District: Princeton
- County: Mille Lacs
- Zoning: 240400180
- Current Use: ResidentialRetail
- Utilities: Electric SeparateHeating SeparateHot Water Separate
- Water: City Water/Connected
- Sewer: City Sewer/Connected
- Source: northstar
This listing courtesy of Edina Realty, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Princeton Educational Options
124 N Rum River Dr, Princeton, MN, 55371
Grades KG-12
0.05 miles away
Princeton Educational Options
124 N Rum River Dr, Princeton, MN, 55371
Grades KG-12
0.05 miles away
Princeton Educational Options
124 N Rum River Dr, Princeton, MN, 55371
Grades KG-12
0.05 miles away
