Redevelopment Land on Rum River Dr S Commercial LAND FOR SALE


Princeton, MN 55371 220,849 SF
$925,000 USD
763-300-5387
, Princeton, MN for Sale
$925,000 USD
Commercial LAND - FOR SALE
1/12
220,849 SF

Redevelopment Land on Rum River Dr S
Princeton, MN 55371


OVERVIEW

An exceptional 5-acre lot in a prime Princeton location is now available! 3 PIDs make up this parcel located in both R3 and B2 zoning districts, and adjacent to B3, offers opportunities to tailor to your use and vision. Property is accessible on both Rum River Drive S and 7th Avenue 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, offering a premium location ensuring visibility and accessibility. Listed PID is zoned R3 and sale includes 2 additional PIDs zoned B2 (church building). Asking price is $4.58/sf (including buildings), therefore a very affordable opportunity for redevelopment or repurposing for your specific plans and endeavors. Tenant owns playground and fencing, therefore, not included in the sale. Contact City of Princeton for all zoning and business use questions, Mary Lou 763-389-2040. Sale to include all 3 PIDs: 240330790, 240330830 and 240330820. Current taxes are exempt (church). Owner occupied plus two lease spaces being currently leased. Lease spaces are written with terms of early termination with a sale, tenants may stay if able. More info can be provided upon executed NDA. Please allow adequate showing notice and contact listing agent for any questions and showing requests, 763-300-5387.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/ACRE

$182,446/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Redevelopment Land on Rum River Dr S

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

5.07 AC

LAND SF

220,849 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Telephone

ZONING

Business Commercial

APN/PARCEL ID

24-033-0820

ASK ABOUT THIS PROPERTY

Katherine WillmertCentury 21 Moline Realty, Inc.More Info
763-300-5387

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Katherine WillmertCentury 21 Moline Realty, Inc.More Info
763-300-5387

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.