Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    804 7Th Ave Princeton, MN 55371

    Sponsored
    For Sale
    $925,000

    Versatile 32,000 SF building, prime location.

    Property size:
    32,659 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5.07-acre commercial property located at 804 7th Avenue S, Princeton, Minnesota, presents a unique redevelopment opportunity. The expansive 32,659 square foot building offers a blank slate for ambitious entrepreneurs and businesses seeking a prominent presence in a thriving community. Its strategic location, just a block from Princeton High School and surrounded by established businesses such as Kwik Trip, Coborns, AmericInn, McDonald's, Caribou Coffee, and M Health Fairview Medical Center, ensures high visibility and accessibility. The property boasts convenient access to both Rum River Dr S and 7th Ave S, maximizing exposure and ease of access for customers and employees. The ample 145 parking spaces cater to a wide range of business needs. Zoned R3 & B2, with adjacency to B3 zoning, this property offers flexibility for various commercial uses and potential for re-zoning to suit specific project requirements. The asking price of $925,000 represents an attractive $30 per square foot cost (including land), making it a highly affordable option for redevelopment and customization. This is a rare chance to acquire a substantial property in a dynamic location with significant potential for growth and success.

    Property Features for 804 7Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    32,659 SF
    Lot Size
    220,849 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Discovery Montessori Academy Kindergarten Christ Our Light ... Catholic Church MN MALES Association Or Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.58278
    Latitude
    45.56058

    Nearby Comparable

    • $900,000
      28,000 SF

      Princeton Warehouse and Shop Buildings

      28,000 SF warehouse and shop buildings on 4.39 acres.
      604 S Old Highway 18, Princeton, MN 55371
      View Details
    • $1,600,000

      Princeton Commercial Land Opportunity

      31.39 acres of commercially zoned land for sale.
      12235 323Rd Ave, Princeton, MN 55371
      View Details
    • $500,000
      5,184 SF

      Office Building with Private Offices

      Office building featuring private offices, conference room, and kitchenette.
      208 N Rum River Dr, Princeton, MN 55371
      View Details
    • $391,686

      Princeton Land For Sale

      13.95 acres of divisible land with highway visibility.
      1001 14Th Ave S, Princeton, MN 55371
      View Details
    • $295,000
      0.87 Acres

      Commercial Lot on High-Traffic Corner

      0.87 acre commercial lot on a high-traffic corner.
      Tbd 9 Cir S, Princeton, MN 55371
      View Details
    • $408,317

      Princeton Land for Sale

      13.95 acres of divisible land with highway visibility.
      14Th Ave S, Princeton, MN 55371
      View Details
    • $319,900
      1.42 Acres

      Commercial Land Near Highway

      Commercial land with highway exposure in Princeton, Minnesota.
      1901 2Nd St N, Princeton, MN 55371
      View Details
    • $259,000
      0.98 Acres

      Commercial Land Near Highway

      Commercial land with highway exposure in Princeton, Minnesota.
      300 19Th Ave N, Princeton, MN 55371
      View Details
    • New
      $99,900
      1.32 Acres

      Commercial Land on Rum River

      1.32 acre commercial land for sale in Princeton, Minnesota.
      N Rum River Dr, Princeton, MN 55371
      View Details
    • $495,000
      Pending

      Versatile Commercial Property in Princeton

      Commercial property in Princeton, MN, ideal for medical or office use.
      9542 18Th St, Princeton, MN 55371
      View Details
    • $440,000
      1 SF

      Becker Commercial Land - Hwy 10 Exposure

      High-traffic lot, city services available. Prime location.
      L1 1St St, Becker, MN 55308
      View Details

    Nearby Similar for Sale

    • $495,000
      Pending

      Versatile Commercial Property in Princeton

      Commercial property in Princeton, MN, ideal for medical or office use.
      9542 18Th St, Princeton, MN 55371
      View Details
    • $900,000
      28,000 SF

      Princeton Warehouse and Shop Buildings

      28,000 SF warehouse and shop buildings on 4.39 acres.
      604 S Old Highway 18, Princeton, MN 55371
      View Details
    • $500,000
      5,184 SF

      Office Building with Private Offices

      Office building featuring private offices, conference room, and kitchenette.
      208 N Rum River Dr, Princeton, MN 55371
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Versatile 32,000 SF building, prime location.
    Where is this commercial real estate located?
    The property is located at 804 7Th Ave Princeton, MN.
    What is the asking price?
    The asking price for this property is $925,000.
    (763) 689-3593
    Request Owner's contact information
    804 7Th Ave Princeton, MN 55371
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    804 7Th Ave
    Princeton, MN 55371
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    804 7Th Ave Princeton, MN 55371
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.