Property Listing
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!
Property Information
Status: Active
Sub Type: ********
List Price: $238,000
MLS#: 6819095
Current Price: $238,000
Address: 111 N Rum River Drive, Princeton, MN 55371
City: Princeton
State: MN
Postal Code: 55371
Geo Lat: 45.570223
Geo Lon: -93.580597
Subdivision: Princeton - Original Townsite
County: Mille Lacs
Property Description
Year Built: 1893
Lot Size SqFt: 3484.8
Gen Tax: 2260
Specials Inst: 2260
High School: Princeton
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Total SqFt.: ********
Style: ********
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths: ********
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Garage Stalls: 0
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Property Features
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