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    208 N Rum River Dr Princeton, MN 55371

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    For Sale
    $500,000

    Office building featuring private offices, conference room, and kitchenette.

    Property size:
    5,184 SF
    Lot size:
    0.27 Acres

    Property Features for 208 N Rum River Dr

    General Information

    Size
    5,184 SF
    Lot size
    0.27 Acres

    Source: Gaughan Companies Agent Dan Hebert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Building with Private Offices

    This is an office building for sale, featuring 8 private offices, a conference room, and a kitchenette. The property includes off-street parking and lower-level storage. The main level and lower level are separately metered. The property size is 5184 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brink Constructors, Inc. Electrical Substation Princeton Union Eagle Newspaper Publisher Mille Lacs County ... Newspaper Publisher APG of East Central ... Publisher Okay Construction Co ... Construction Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.580062
    Latitude
    45.568267

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    FAQs

    What type of property is this?
    Office building - Office building featuring private offices, conference room, and kitchenette.
    Where is this office building located?
    The property is located at 208 N Rum River Dr Princeton, MN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 8 private offices provide ample workspace.; - Off street parking for convenience.; - Conference room for meetings and presentations.
    (651) 255-5558
    Request Owner's contact information
    208 N Rum River Dr Princeton, MN 55371
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    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
    208 N Rum River Dr Princeton, MN 55371
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