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Renovated Strip Center
For Sale
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Pending

110 S Rum River Dr, Princeton, MN 55371

Located along Rum River Drive between Highways 95 and 169, the center includes available move-in-ready suites.

Property Size43,000 SF
Days on Market144

Property Features for 110 S Rum River Dr

General Information

Standard status Pending
Size 43,000 SF
Property subtype Mixed Use, Office, Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $2,195,000

Building Details

Year Renovated 2023
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Orion Real Estate Advisors
Listed By: Scott M. Schmitt, CCIM · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 2:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Orion Real Estate Advisors

Investment Insights

Based on property information with market context.

This retail property contains approximately 43,000 total square feet arranged among 19 tenant spaces, creating a varied occupancy profile that includes national, regional, and local businesses. Current occupants include Napa Auto Parts, H&R Block, CentraCare, and Domino’s. Several suites are currently described as ready for immediate occupancy.

Recent capital work includes a new roof installed in 2023 with a 20-year warranty and a complete renovation and buildout of approximately 12,000 SF in the north section during 2022 and 2023. The property is positioned on Rum River Drive in Princeton’s central business district, along the route connecting Highways 95 and 169. Princeton is approximately 30 miles east of Saint Cloud and 45 miles northwest of Minneapolis, with more than 13,000 residents within a 5-mile radius.

Key Highlights

  • Approximately 43,000 total square feet
  • 19 tenants spanning national, regional, and local businesses
  • New roof installed in 2023 with a 20‑year warranty

Property Analytics

Current Use

Be Bare Skin ... Hair Salon Idle Hands Tattoo ... Tattoo & Piercing Shop Minted Twine and More (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery Garden Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 55371, MN

17,132
Population
6,838
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
94%
High-School Grad
196.0 sq mi
ZIP Area
87
Density / Sq Mi
$89,674
Median Household Income
$48,624
Median Earnings
$946
Median Rent
$299,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Located along Rum River Drive between Highways 95 and 169, the center includes available move-in-ready suites.
Where is this strip mall located?
The property is located at 110 S Rum River Dr Princeton, MN.
What are key features of this property?
This property features: Approximately 43,000 total square feet; 19 tenants spanning national, regional, and local businesses; New roof installed in 2023 with a 20‑year warranty
More about this property
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