Villa Manor Mixed-Use
For Sale
Contact for pricing
Pending
115 S Rum River Dr, Princeton, MN 55371
Main-floor commercial occupancy is combined with residential apartments and recent improvements to major building components.
Property SizeContact for details
Days on Market144
Property Features for 115 S Rum River Dr
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Retail
Additional Details
Road Access
Yes
Multifamily Units
23
Building Details
Tenancy
Multi
Listing Agency:
Premier Real Estate Services
(320) 259-4554
Listed By:
Noel Johnson · License #20360894
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:09PM
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 Premier Real Estate Services
Investment Insights
Based on property information with market context.
Villa Manor is a mixed-use property at 115 S Rum River Dr in Princeton, Minnesota, with commercial and residential components under one roof. The main level accommodates 3 commercial tenants, while 23 residential apartments are arranged on the upper and lower levels.
Updates completed in the last few years include work on the boilers, front facade, and individual apartment units. The building has been professionally maintained, retaining its old-world character while incorporating these improvements. Its established configuration provides both commercial occupancy and a substantial apartment component.
Updates completed in the last few years include work on the boilers, front facade, and individual apartment units. The building has been professionally maintained, retaining its old-world character while incorporating these improvements. Its established configuration provides both commercial occupancy and a substantial apartment component.
Key Highlights
- 3 commercial tenants occupy the main floor
- 23 residential apartments across the upper and lower levels
- Boilers, front facade, and apartment units updated in the last few years
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-floor commercial occupancy is combined with residential apartments and recent improvements to major building components.
Where is this mixed-use property located?
The property is located at 115 S Rum River Dr Princeton, MN.
What are key features of this property?
This property features: 3 commercial tenants occupy the main floor; 23 residential apartments across the upper and lower levels; Boilers, front facade, and apartment units updated in the last few years
