$1,450,000

12235 323rd Street, Princeton, MN 55371

  • 3 beds |
  • 2 baths |
  • 1,621 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon31.39acre lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $895/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Seize the chance to develop 31.39 acres of prime real estate annexed into the City of Princeton. This property is ready for transformation strategically located along a prominent frontage road, ensuring high visibility and accessibility for commercial development. Potential for 3 commercial lots with direct frontage road access, perfect for retail, office, or mixed-use development. Stunning man-made pond, framed by natural boulders and a fountain, offers an attractive centerpiece. 18 hole golf course backdrop, enhancing the property’s appeal and value. Infrastructure Readiness: Completed water delineation report, ensuring smoother planning and development processes. Endless Development Possibilities - Ideal for a wide range of uses, including retail center or mixed-use commercial spaces, a high-end residential community or housing development, recreational facilities and/or event centers, Investor Advantages with high growth potential in Princeton, a city on the rise with increasing demand for commercial and residential projects. Supportive city officials eager to see this property’s potential realized. Quick approvals approximately 90-120 days! A unique blend of natural aesthetics and functional layout, ensuring appeal to future buyers or tenants.

Listing Status:
Active
Listing Office:
eXp Realty : 320-500-4397
MLS ID:
6717726
  • Rooms: Walk In ClosetBathroomBedroom 1Bedroom 2Bedroom 3Bonus RoomDeckFamily RoomKitchenInformal Dining RoomGazebo
  • Master Bath: 3/4 BasementMain Floor Full Bath
  • Appliances: Central VacuumCooktopDishwasherDisposalDryerFuel Tank - RentedGas Water HeaterWater Filtration SystemWater Osmosis SystemMicrowaveRangeRefrigeratorStainless Steel AppliancesWall OvenWasherWater Softener Owned
  • Basement: BlockConcretePartially Finished
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: BrickFamily RoomGasFireplaceFireplaces: 1

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Princeton Educational Options

124 N Rum River Dr, Princeton, MN, 55371

Grades KG-12

1.09 miles away

P

Princeton Educational Options

124 N Rum River Dr, Princeton, MN, 55371

Grades KG-12

1.09 miles away

P

Princeton High School

807 8th Ave S, Princeton, MN, 55371

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.