, Princeton, MN 55371 (MLS# 7068050)
$15
MLS# 7068050
7200 sqft
1 / 40
Property Description
Extremely well built, freestanding commercial building on busy South Rum River Drive near downtown and Hwy 169. Endless possibilities with current commercial zoning. The spancrete trusses allow for an open usable lower level and the phase three electrical will meet the highest of demand uses. Strong street exposure with signage, sufficient off street parking and an additional lot for storage, fencing, addition, etc. See supplements for the full legal addition and the lists of allowable uses. CAM and other lease terms negotiable, bring your ideas. Broker is owner and is open for discussing the many uses and possibilities for this unique property.
Details
Documents
Contract Information
Status: Active
Current Price: 15
Original List Price: 12
Contingency: None
ListPrice: 15
List Date: 2026-05-12
Owner is an Agent?: Yes
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 1992
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3600
Power Company: Princeton Public Utilities
For Sale or Lease: For Lease
Acres: 0.44
Lot Dimensions: 91 x 209
Assessment Pending: No
Location Tax and Other Information
Postal City: Princeton
County: Mille Lacs
State: MN
Zip Code: 55371
Complex/Dev/Subdivision: Ross-Mere
Additional Parcels Information
Property ID #2: 247610650
Assessments
Tax With Assessments: 8282
Basement
Foundation Dimensions: 63 X 58
Building Information
Building Finished SqFt: 3600
Building SqFt: 7200
Lease Details
Land Leased: Not Applicable
Lease Amount Type: Square Foot
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 26
Section#: 33
Township#: 36
Sale Options
Sale Includes: Other
Unit Details
Total Units: 1
Property Features
Accessible: Doors 36"+; Grab Bars In Bathroom
Air Conditioning: Central Air
Amenities Unit: Indoor Sprinklers; Security Lights; Security System
Appliances: Dryer; Refrigerator; Washer
Basement: Concrete Block; Full
CMU Style: Business Opportunity; Freestanding; Mixed Use; Office; Other; Retail/Shopping Center
Construction Materials: Concrete
Construction Status: Previously Owned
Current Use: Vacant
Exterior: Brick/Stone
Flooring: Carpet; Concrete Slab; Floor Drains; Heavy Duty
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lease Details: Other
Location Description: Free Standing
Lock Box Type: Combo
Lot Description: Corner Lot
Miscellaneous Information: Building Sign; Exterior Lighting; Pole Sign; Three Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Parking Lot; Paved Lot
Potential Use: Diversified; Lounge/Bar; Office; Other; Professional; Retail
Rent Rate per Foot: Per Foot
Roof: Age 8 Years or Less; Asphalt Shingles
Sewer: City Sewer/Connected
Stories: One
Water: City Water/Connected
602 S Rum River Drive Legal Description. Listing Office: Minnkota Realty, LLC
Last Updated: July - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Thursday 2nd of July 2026 01:36 AM
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